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    1801 Mesa Vista Road NE

    Albuquerque, NM 87106
    • $648,000
    • STATUS: Active
    • ON SITE: 10 days
    • MLS #: 993736
    UPDATED: 52 min ago
    $648,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,139
      SQFT
    • $43
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    Tour date 6/22 at noon, offer deadline 6/24.Located just south of Golden Pride, and a long block from the UNM Presidential house/ duck pond, and along former Greek row, 1801 Mesa Vista NE was a former Greek house dorm with 32 rooms and large public common spaces.Whether you desire to renovate into a large house with a guest quarters, take on renting it as a residential dorm, scrape the site, or convert it to 24 high end units, the ask price of $648,000 or $42 per gross square foot is an amazing foundation for its rebirth. Could this be your Corazon You(NM), (the heart of you and UNM)?Based on 24 high end apartments, with an average rental price of $816, the potential renovated, leased up value is $2,297,758. The spread between that and the ask price leaves room or reno and profit.

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    IDX information © 2021 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2021-06-18T23:04:53.157.
    www.metrohomesearch.com/homes/117968660
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    1801 Mesa Vista Road NE Albuquerque, NM 87106

    • Price: $648,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 993736
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    15,139
    SQFT
    $43
    $/SQFT
    1960
    Built
    Neighborhood:
    Sigma Chi
    County:
    Bernalillo
    Area:
    40 - UNM
    Property Description
    Tour date 6/22 at noon, offer deadline 6/24.Located just south of Golden Pride, and a long block from the UNM Presidential house/ duck pond, and along former Greek row, 1801 Mesa Vista NE was a former Greek house dorm with 32 rooms and large public common spaces.Whether you desire to renovate into a large house with a guest quarters, take on renting it as a residential dorm, scrape the site, or convert it to 24 high end units, the ask price of $648,000 or $42 per gross square foot is an amazing foundation for its rebirth. Could this be your Corazon You(NM), (the heart of you and UNM)?Based on 24 high end apartments, with an average rental price of $816, the potential renovated, leased up value is $2,297,758. The spread between that and the ask price leaves room or reno and profit.
    Exterior Features

    Construction Materials Frame Levels Three Or More Stories Total 3

    Interior Features

    Basement YN Yes Bathrooms Total Integer 1 Cooling None Cooling YN No Electric None Heating None Heating YN No

    Property Features

    Additional Parcels YN Yes Builder Name Unknown Building Area Total 15139 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 5854 Tenant Pays OtherSee Remarks Utilities None Zoning Description R-Mh*

    Listing courtesy of Nm Apartment Advisors, Inc.. © 2021 Southwest Multiple Listing Service, Inc.


    IDX information © 2021 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2021-06-18T23:04:53.157.
     
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    Campbell & Campbell Real Estate Services
    5716 Osuna Rd NE
    Albuquerque NM, 87109