Southeast Heights Homes with Community/Coop Water

Welcome to Southeast Heights, a vibrant and welcoming neighborhood nestled in the heart of Albuquerque, New Mexico. This charming community is known for its picturesque landscapes, rich cultural heritage, and the friendly atmosphere that makes it an ideal place to call home. Southeast Heights offers a unique blend of suburban tranquility and urban convenience, providing residents with easy access to local amenities, parks, and schools, all while enjoying the stunning backdrop of the Sandia Mountains.

One of the standout features of homes in Southeast Heights is their connection to community and cooperative water systems. This means that residents benefit from a reliable and sustainable water supply, fostering a sense of shared responsibility and environmental stewardship among neighbors. The cooperative water system not only ensures that families have access to clean, fresh water but also promotes a close-knit community spirit, where residents come together to support one another.

The housing market in Southeast Heights is diverse, offering a variety of options to suit different lifestyles and budgets. From charming single-family homes to modern townhouses, there’s something for everyone in this delightful neighborhood. Many homes feature spacious yards, perfect for outdoor gatherings, gardening, or simply enjoying the beautiful New Mexico sunshine.

With its ideal location, strong sense of community, and commitment to sustainability, Southeast Heights is more than just a place to live; it’s a place to thrive. Whether you’re a first-time homebuyer or looking to settle down, Southeast Heights invites you to explore the possibilities and discover your dream home in this enchanting part of Albuquerque.

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

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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.