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615 Iron Avenue SW

Active

Albuquerque, NM 87102

Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail.

1/20

615 Iron Avenue SW

$1,600,000

  • 2 bedrooms
  • 12 baths
  • 6148 sq ft
  • MLS# : 1003217
  • Built in 0

Nearby schools

  • Albuquerque Public Schools

    Actual schools may vary. We recommend verifying with the local school district, the school assignment and enrollment process.

    Neighborhood amenities

    • Ana Food Inc

      0.26 mile away

      1002 Coal Ave SW

    • Silver Street Market

      0.33 mile away

      205 Silver Ave SW

    • Lowe's Corner Market

      0.40 mile away

      701 11th St

    • Stop-N-Go

      0.82 mile away

      700 1st St NW

    • Manuels Food Market

      0.95 mile away

      601 Edith Blvd NE

    • Willieray's Cheesecakes

      0.21 mile away

      304 Coal Ave SW

    • Bosque Baking Company

      0.24 mile away

      922 Coal Ave SW

    • Burque Bakehouse

      0.59 mile away

      640 Broadway Blvd SE

    • Golden Crown Panaderia

      1.07 miles away

      1103 Mountain Rd NW

    • Really Good Foods

      1.21 miles away

      318 Isleta Blvd SW

    • New Mexico Voices

      0.20 mile away

      625 Silver Ave SW

    • La Mexicana Tortilla Co

      0.21 mile away

      304 Coal Ave SW

    • Cecilia's Cafe

      0.21 mile away

      230 6th St SW

    • Conchitas Cafe

      0.27 mile away

      400 Gold Ave SW

    • Enchantment Pizza II LLC

      0.30 mile away

      320 Gold Ave SW

    • Bad Ass Coffee of Hawaii

      0.27 mile away

      400 Gold Ave SW

    • Deep Space Coffee

      0.31 mile away

      504 Central Ave SW

    • Curious Toast

      0.32 mile away

      718 Central Ave SW

    • The Brew

      0.33 mile away

      311 Gold Ave SW

    • Velvet Coffeehouse

      0.33 mile away

      222 Gold Ave SW

    • The Man's Hat Shop

      0.35 mile away

      511 Central Ave NW

    • Julieanns Fashion Boutique

      0.38 mile away

      117 7th St NW

    • Family Dollar

      0.53 mile away

      613 Broadway Blvd SE

    • Twisted Strains LLC

      0.55 mile away

      500 Marquette Ave NW

    • Close Threads

      0.66 mile away

      317 Commercial St NE

    • Launchpad

      0.30 mile away

      618 Central Ave SW

    • Effex Nightclub

      0.32 mile away

      420 Central Ave SW

    • Damacios Bar & Tapas

      0.32 mile away

      722 Central Ave SW

    • 505 Central Food Hall

      0.35 mile away

      505 Central Ave NW

    • Library Bar & Grill

      0.36 mile away

      312 Central Ave SW

    Please note this information may vary. If you come across anything inaccurate, please contact us.

    Map & directions

    Contact

    Thomas Gallegos

    Learn more

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    New Mexico Properties/Allstar, REALTORS Photo

    New Mexico Properties/Allstar, REALTORS

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     By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Realtor.com (Move Sales, Inc.) about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to Realtor.com ’s Terms of Use and to Realtor.com ’s Privacy Policy regarding information relating to you. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
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