- Address: 1212 Iron Ave SW, Albuquerque, NM 87102
- Repairs: Cosmetic Rehab + plumbing repair
- Asking Price: $110,000
- AVR: $185,000+
- Rents for up to: $1,700 total per month
The current pictures are old. Will update as soon as we get current pictures.
This is a 1,400 sqft single family property with a guest house on separate gas/electric built in 1911s with 2 bedrooms and 1 bathrooms in main house and 1 bedroom and 1 bath extra unit with off-street parking and a fenced in yard.
This house had everything redone in 2008 it need just a little work to get it rent ready. Their is a plumbing supply issue that needs repair. The owner was quote 3K for the fix but doesnt want to invest more money in the house.
This property has flip potential in the area as well. Come put your ideas to work on this amazing house and finish it out for maximize value for a flip or rental property. The taxes are only $ 1,858/year.
Sold Comparable within a few blocks:
- 1203 Iron Ave SW – 205K – 2 Bed 1 Bath – Sold 12/2020 – https://www.zillow.com/homedetails/1203-Iron-Ave-SW-APT-1-Albuquerque-NM-87102/249422686_zpid/8
- 08 Stover Ave SW – 195K – 2 Bed 2 Bath – Sold 01/2020 – https://www.zillow.com/homedetails/808-Stover-Ave-SW-Albuquerque-NM-87102/6710156_zpid/
- 514 9th Street SW – 169K – 1 Bed 1 Bath – Sold 07/2020 – https://www.zillow.com/homedetails/514-9th-St-SW-Albuquerque-NM-87102/94657755_zpid/