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 picturesque landscapes and strong sense of community, Southeast Heights offers an ideal blend of suburban tranquility and urban convenience. With its close proximity to downtown Albuquerque, residents can easily enjoy a wealth of dining, shopping, and entertainment options, all while returning to the peaceful ambiance of their neighborhood.

One of the standout features of homes in Southeast Heights is the access to community or cooperative water systems. This not only fosters a strong sense of community among neighbors but also ensures a reliable and sustainable water supply for all residents. Living here means you can enjoy the beauty of the high desert landscape, with its stunning sunsets and starry skies, knowing that your home is part of a thoughtful and eco-conscious community.

The neighborhood is characterized by a diverse array of homes, from charming single-family residences to modern townhouses, catering to a variety of lifestyles and preferences. Families will appreciate the nearby parks and recreational facilities, as well as the highly-rated schools that contribute to the area's family-friendly appeal.

Whether you're a first-time homebuyer, a growing family, or looking to downsize, Southeast Heights is a place where you can truly feel at home. Discover the warmth and welcoming spirit of this community, and let Southeast Heights become the backdrop for your next chapter in life. Come explore the possibilities and find your dream home in this enchanting Albuquerque neighborhood!

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

$525,000

3 Beds ⋅ 2 Baths

Offered at $525,000, this well-maintained triplex features two spacious 2bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Each residence includes a large kitchen and an in-unit washer and dryer, while the 1-bedroom unit also offers a dishwasher and cozy fireplace. This is an attractive investment opportunity with practical layouts and desirable amenities for tenants.

4013 Thaxton Avenue SE, Albuquerque

$395,000

2 Beds ⋅ 1 Baths

TRI-PLEX Building, Roof and Property are all in good condition.*** PLEASE DO NOT DISTURB OR TALK WITH TENANTS*** Thank you! *** Total Units is 3; All Units have 2 bedrooms and 1 bath with a small storage. Each Unit also has 1 parking space and a front yard area. Back door has a 5x12 feet area.

525 Valencia Drive SE, Albuquerque

Start Your Search

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.