Downtown Area Homes with Community/Coop Water

Welcome to the vibrant Downtown Area of Albuquerque, New Mexico, where the heart of the city beats with cultural richness, artistic flair, and a welcoming community spirit. Nestled in Bernalillo County, this lively neighborhood is a perfect blend of historic charm and modern convenience, making it an ideal place for those seeking a dynamic urban lifestyle.

The Downtown Area is renowned for its stunning architecture, featuring a mix of historic buildings and contemporary designs that tell the story of Albuquerque’s evolution. Residents and visitors alike can enjoy a plethora of local attractions, including art galleries, theaters, and eclectic shops that line the streets. The area is also home to some of the best dining experiences, from cozy cafés to upscale restaurants, offering a taste of New Mexico’s diverse culinary scene.

For those considering making Downtown Albuquerque their home, you’ll find a variety of properties that cater to different lifestyles. One of the standout features of homes in this area is the availability of community and cooperative water systems. This not only promotes sustainability but also fosters a sense of community among residents. Living here means you can enjoy the benefits of shared resources while being part of a close-knit neighborhood.

Whether you’re an artist seeking inspiration, a professional looking for convenience, or a family wanting to be part of a thriving community, the Downtown Area of Albuquerque offers something for everyone. Come explore the charm, culture, and community spirit that make this region a truly special place to call home!

Newest Downtown Area Homes with Community/Coop Water

$1,390,000

The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central Business District.The asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. Using price pre unit and recent comparable sales supports a value closer to $2,150,983.Subject property might qualify for the first round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund - applications are open

517 1st Street SW, 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.