Downtown Area Homes with Community/Coop Water

Welcome to Downtown Albuquerque, NM – a vibrant hub where rich history meets modern living. Nestled in the heart of Bernalillo County, this dynamic area is known for its unique blend of culture, art, and community spirit. Downtown Albuquerque is more than just a place to live; it's a lifestyle that celebrates the charm of the Southwest.

As you explore this lively neighborhood, you'll discover an array of homes that offer the convenience of community and cooperative water systems. This means you can enjoy the benefits of shared resources while being part of a close-knit community. The properties in this area often feature a variety of architectural styles, from historic adobe buildings to contemporary townhomes, catering to diverse tastes and lifestyles.

Downtown Albuquerque boasts an eclectic mix of local boutiques, art galleries, and an impressive culinary scene that showcases the flavors of New Mexico. Residents can enjoy leisurely strolls along the scenic streets, where the aroma of fresh green chile wafts through the air, and the vibrant murals tell the stories of the region's rich heritage.

With easy access to public transportation and major highways, commuting to nearby areas or enjoying weekend adventures is a breeze. Parks and recreational spaces are also abundant, providing perfect spots for relaxation and outdoor activities.

In Downtown Albuquerque, you’re not just buying a home; you’re investing in a community filled with warmth, culture, and a sense of belonging. Come and experience the charm of this remarkable area, where every day feels like a celebration of life in the Land of Enchantment!

Newest Downtown Area Homes with Community/Coop Water

$1,390,000

The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central Business District.The asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. Using price pre unit and recent comparable sales supports a value closer to $2,150,983.Subject property might qualify for the first round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund - applications are open

517 1st Street SW, Albuquerque

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.