24 Matisse Road Albuquerque, NM 87123

6 Units
Property Type: Multifamily
Status: Active
Year Built: 1946
Days on Website: 2

Courtesy of Coldwell Banker Legacy.

Description

Feel like you are in a mountain retreat miles away from the world when you are only a few miles from Tramway and Central exit off I-40 in Albuquerque. This unique idyllic property sits on over 10 acres and has a total of 6 rental units. The annual income is approximately $100,000 a year with the potential for added growth on the property. Each unit has been lovely redone by an artist and celebrates the history and culture of New Mexico. Don't miss the ponds, porches and decks on the property. Perfect for living in one unit and renting the others; or ideal for multi-generation living: or for a corporate retreat venue; and/or great for Air BNB type rentals.The possibilities are endless with the space to build additional income producing property.

Open House

Property Details and Features

  • Description: Dryer,FreeStandingElectricRange,Refrigerator,Washer
  • Description: Finished,WalkOutAccess
  • Total Bathrooms: 2
  • Area: 7119
  • Building Area: 7119
  • Construction Materials: Adobe,Frame,Stucco
  • Levels: Two
  • Year Built: 1946
  • Details: EvaporativeCooling,VariesByUnit,CeilingFans
  • Features: PropaneTankOwned,Patio
  • Patio Features: Patio
  • Flooring: Brick,Carpet,Tile,Wood
  • Heating: Baseboard,Electric,HotWater,Propane
  • Days on Market: 0
  • Listing Price: 1395000
  • Status: Active
  • Address: 24 Matisse Road
  • Area: 210 - Carnuel/Monticello
  • City: Albuquerque
  • State: NM
  • Zip: 87123
  • County: Bernalillo
  • Directions: From the intersection of Tramway and Central, continue east on Central and take NM 333 which crosses over I-40. Continue on NM 333 and turn north onto Matisse. On Matisse turn left at the fork in the road stay to the left and circle around to the back of the property.*(Only 3 miles from the intersection of Central and Tramway)
  • Acres: 10.71
  • Size: 0
  • Size Source: PublicRecords
  • Parking Total: 6
  • Utilities: ElectricityConnected,NaturalGasConnected,Propane,PhoneAvailable,WaterAvailable