Southeast Heights Homes with Community/Coop Water

Southeast Heights Homes with Community/Coop Water

Welcome to Southeast Heights, a vibrant and inviting neighborhood nestled in the heart of Albuquerque, New Mexico. Known for its friendly atmosphere and picturesque landscapes, Southeast Heights offers a unique blend of urban convenience and suburban tranquility. This charming community is characterized by its diverse architecture and well-maintained homes, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of Southeast Heights is its commitment to sustainable living. Many homes in the area benefit from community or cooperative water systems, which not only promote responsible water usage but also foster a sense of camaraderie among residents. This eco-friendly approach ensures that your home is part of a community that values resource conservation while enjoying the beautiful New Mexican climate.

The neighborhood is conveniently located near essential amenities, including shopping centers, schools, and parks, making it easy for residents to access everything they need. Outdoor enthusiasts will appreciate the nearby hiking trails and recreational areas, perfect for enjoying the stunning landscapes and breathtaking sunsets that Albuquerque is famous for.

With its strong sense of community and commitment to sustainability, Southeast Heights is more than just a place to live; it’s a lifestyle. Whether you’re looking for your first home or seeking a peaceful retreat, this neighborhood has something to offer everyone. Come explore Southeast Heights – where community, convenience, and charm come together to create a truly exceptional living experience.

Newest Southeast Heights Homes with Community/Coop Water

$560,000
10 Beds 6 Baths
This well-maintained 6-unit multifamily investment property offers an excellent opportunity to acquire a centrally located, income-producing asset with significant recent capital improvements. The property consists of two separately deeded triplexes at 501 and 505, which are being sold together, providing a total of approximately 4,248 square feet across six residential units.The property features a desirable mix of two 1-bedroom/1-bath units and four 2-bedroom/1-bath units, with functional floor plans and a courtyard-style configuration that appeals to tenants seeking convenience and affordability.Ownership has completed numerous improvements throughout the property. Recent upgrades include evaporative cooling, replacement windows in 501 B & C and 505 B, remodeled interiors in select units, durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Roofing improvements include an ISO roof at 501 completed within approximately the last two years and a TPO roof at 505 completed within approximately the last seven years. All month to month tenants. Unit Mix501Unit A -- 571 SF | 1 BD / 1 BAUnit B -- 571 SF | 1 BD / 1 BAUnit C -- 833 SF | 2 BD / 1 BA505Unit A -- 704 SF | 2 BD / 1 BAUnit B -- 759 SF | 2 BD / 1 BAUnit C -- 810 SF | 2 BD / 1 BA -vacant needs renoTotal Building Area: Approximately 4,248 SFTotal Units: 6Current Monthly Rent: $6,281Annualized Current Rent: $75,372With an established income stream, substantial recent improvements, and a versatile unit mix, this property presents an attractive opportunity for an investor seeking an improved multifamily asset with continued income and long-term appreciation potential. Vacant unit needs renovation. From owner between $10-25k depending on preference to be rented.

501-505 Mesilla Street SE, 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.