- For Sale $599,237
- Property Type Multi-Family
- Property Size 2,050 SF
- Units 4
- Lot Size 0.21 Acre
- Cap Rate % 5.9
- Additional Rent Contact for pricing
- Year Built 1935
- Date Updated Oct 25, 2024
On behalf of the owners, NM Apartment Advisors Inc. and Deacon Property Services are excited to present this opportunity to acquire this unique and charming UNM area 4- plex. Exceptional UNM area location close to Roosevelt Park, CNM, UNM Hospital, Downtown, & just 2 blocks Presbyterian Hospital. Recent property upgrades include a newer roof, thermal windows, updated electrical service, zoned mini-split heating and cooling in all units, and upgraded, quality contemporary Þnishes across all four apartments. Each apartment features a very distinct floor plan with unique artistic touches and amenities throughout. You’ll also Þnd awesome value-add opportunities by capitalizing on creating more common and private yard spaces or adding additional apartments. Large lot offers tons of great off-street parking and access options (off both the alley and Lead Ave) and lots of potential for additional units. Detached garage is separately metered for electric and could be converted into another unit or generate more income renting to a resident (owners currently retain the garage for personal storage). Properties like this, in a market where amazing job growth from all of the new Netflix, Face book, Intel, and Amazon jobs, go quickly. Do not wait as you will be honored to own this one
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Contacts
Location
Getting Around
-
Walk Score ®
88/100 Very Walkable -
Transit Score ®
44/100 Some Transit -
Bike Score ®
89/100 Very Bikeable
- City Albuquerque, NM
- Neighborhood Silver Hill
- Zip Code 87106
- Market Albuquerque
Points of Interest
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Africa Train Station
2.01 miles
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Asia Train Station
2.25 miles
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Tingley Station
2.82 miles
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Aquarium/Garden Station
3.26 miles
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Bernalillo County/International Sunport
3.75 miles
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Montaño
4.11 miles
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Los Ranchos/Journal Center
6.82 miles
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Sandia Pueblo
9.31 miles
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Isleta Pueblo
9.46 miles
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Alon
0.26 miles
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Smiths Food and Drug Fuel Center
0.28 miles
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Chevron
1.28 miles
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Shell
1.30 miles
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Texaco
1.33 miles
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Valero
1.43 miles
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ChargePoint
1.57 miles
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Y-Mart
1.58 miles
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Tesla Supercharger
2.24 miles
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North Lot
0.07 miles
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Central Lot
0.17 miles
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Jeanette Stromberg Lot
0.23 miles
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Ted Chavez Lot
0.24 miles
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Smith Brasher East Lot
0.28 miles
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Central New Mexico Community College Paid Parking
0.29 miles
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Smith Brasher West Lot
0.33 miles
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Physical Plant Department Lot
0.34 miles
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Smith Brasher South Lot
0.42 miles
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SpringHill Suites Albuquerque University Area
0.62 miles
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Crossroads Motel
0.68 miles
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Hotel Parq Central
0.79 miles
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Econo Lodge Downtown
0.80 miles
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Rodeway Inn
0.83 miles
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Knights Inn Albuquerque
0.83 miles
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Days Inn by Wyndham Albuquerque Downtown
0.93 miles
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Hiway House
0.93 miles
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Motel 6
0.97 miles
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Howard Johnson by Wyndham Albuquerque Midtown
0.97 miles
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V Wang Cafe
0.20 miles
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Dunkin'
0.21 miles
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Annapurna's World Vegetarian Cafe
0.21 miles
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Wendy's
0.23 miles
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Asahi Express
0.23 miles
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Naruto Ramen
0.23 miles
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Perico’s
0.24 miles
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O Ramen
0.24 miles
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Bandido Hideout
0.25 miles
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Insomnia Cookies
0.26 miles
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Saint Charles Borromeo Catholic School
0.15 miles
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Central New Mexico Community College Main Campus
0.34 miles
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SAHQ Academy Charter School
0.38 miles
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University of New Mexico
0.50 miles
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Albuquerque Public Schools Mainentence Center
0.76 miles
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University Of New Mexico South Campus
0.76 miles
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Monte Vista Elementary
0.89 miles
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Monte Vista Elementary School
0.91 miles
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St. Mark's Montessori School
0.93 miles
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Eugene Field Elementary School
1.00 miles
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Serendipity Day School
0.84 miles
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Child Care Center
1.26 miles
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Wildflowers Day Nursery
1.27 miles
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Centro de Amor YDI Head Start Academy
1.51 miles
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Maxwell Child Development Center (1914)
1.93 miles
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Steps Ahead Learning Center
1.99 miles
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Little Big Foot Day School
2.34 miles
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Our Place Learning Center
2.52 miles
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Discovery One Child Care
2.53 miles
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Eastern Child Development Center
2.60 miles
Frequently Asked Questions
How much does 1920 Lead Avenue SE cost?
The space currently listed for sale at 1920 Lead Avenue SE asks for $599,237.
What is the total square footage of 1920 Lead Avenue SE?
1920 Lead Avenue SE totals 2,050 square feet.
When was this property built?
1920 Lead Avenue SE was built in 1935.
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Contact Listing Broker
Todd Clarke Is this you?
New Mexico Apartment Advisors