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2702 Morrow Road NE

Albuquerque, NM 87106

$1,000,000

-200,000$ 09/11

6 bd • 7 ba • 2,837 sqft • 0.23 acres

1 Story

Stories

$352

Per SQFT

1952

Year Built

08/01/2025

Listing Date

1088936

Listing #

87106

Zip Code

About This Property

''House of Modern,'' is a beautifully designed home that can be used as a single family house, but also comes with an incredible business opportunity. $178k in gross income, over $122k net and an unheard of 11.25% cap rate. Live in the front with a truly custom kitchen, formal dining (easily transformed into a bedroom with a retractable wooden wall), and a primary bedroom suite. The property currently features 5 highly profitable furnished Short Term Rentals (STRs). The spa-like suites boast dedicated parking, private entrances, outdoor spaces, and an attention to decor and features resulting in many repeat clients. Create a 6th suite out of the primary - and to use the entire property for investment - easily use the front living space as a one bedroom suite for a total of seven space

Interior

Bedrooms Possible: 7

Bathrooms Total: 7

Bathrooms Full: 1

Bathrooms Three Quarter: 6

Fireplace (Y/N): Yes

Fireplaces Total: 1

Fireplace Features: Custom, Wood Burning

Interior Features: Breakfast Bar, Separate/Formal Dining Room, High Speed Internet, Main Level Primary, Multiple Primary Suites, Pantry, Shower Only, Separate Shower

Laundry Features: Electric Dryer Hookup

Flooring: Carpet Free, Tile, Wood

Window Features: Double Pane Windows, Insulated Windows, Vinyl

Foundation Details: Combination

Room Type: Primary Bedroom

Building And Construction

Property Type: Residential

Property Sub Type: Detached

Property Sub Type Additional: Detached

Building Area Total: 2,837 sqft

Year Built: 1952

Construction Materials: Frame, Stucco

Roof: Metal, Pitched

Levels: One

Stories: 1

Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.23

Lot Size Square Feet: 10018.8

Exterior Features: Courtyard, Fire Pit, Patio, Privacy Wall, Private Entrance

Patio And Porch Features: Covered, Open, Patio

Direction Faces: North

Provisional

MLS #: 1088936

Listing Terms: Cash, Conventional, FHA, VA Loan

Special Listing Conditions: Standard

Area And Schools

City: Albuquerque

Postal Code: 87106

MLS Area Major: UNM

County: Bernalillo

Other Structures: Shed(s), Storage

Parcel Number: 101605918501530801

Elementary School: Montezuma

Middle School: Jefferson

High School: Albuquerque

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Cooling: Ductless, Refrigerated

Heating: Ductless, Multiple Heating Units

Heating (Y/N): Yes

Water Source: Public

Sewer: Public Sewer

Location

Directions: From Carlisle and Indian School. Head west on Indian School to Princeton. Take an immediate right onto Morrow and it's the first house on the right. Either park on the street or in the off street parking spaces on Morrow. Do not park in any of the other spaces as they are designated spaces.

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Listing courtesy of Talia Freedman and Co.

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.

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550

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2702 Morrow Road NE

About This Property

Interior

Building And Construction

Exterior And Lot

Provisional

Area And Schools

Utilities

Location

Mortgage Calculator

Properties for Sale Similar to 2702 Morrow Road NE, Albuquerque, NM

$875,000

$864,500

$675,000

$715,000

$895,627

$770,000

$925,000

$1,049,000

$925,000

$699,000

$595,000

$1,200,000

New Homes for Sale in Albuquerque Area

$299,000

$475,000

$405,000

$400,000

$250,000

$255,000

$265,000

$379,000

Daria Derebera

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Showing Request Submitted

Schedule a Showing

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