Rare city lot in the heart of historic Nob Hill to build your dream home. Close to shopping, restaurants, UNM and hospitals. All utilities on the property except gas which is in the street. Curb cut and sidewalks in place.Sellers will consider Owner Financing with 20% down payment.
** Priced to sell! Development site with 24-unit apartment plans. Conceptual plans have already been approved by the City of Albuquerque's Development Review Board and the Fire Marshal's Office. Owner financing is available--20 % down, 3-5-year term, plus additional options. Build-to-suit services (custom design and construction available at cost) can also be arranged.
The current owner has prospective plans for 95 Multi-family units on the site, with surface parking. Your development could potentially have more units if you included structured parking or take advantage of the flexible zoning that includes a provision for UC-MS-PT, or Urban Centers, Main Street areas, and Premium Transit areas that allows for an additional density, parking reductions, building concept plans.The property is conveniently located directly in the heart of Albuquerque's most walkable neighborhood, full of restaurants, brew pubs, distilleries and boutique stores.The property is located 2 blocks of the Nob-Hill stop for the Albuquerque Rapid Transit, and has a walk score of 83, transit score of 45, and a ''biker's paradise'' bike score of 92.The asking price is $895
Rare infill lot in at affordable price. Nice level property, ready for you dream home or an Investment . Owner financing available. Drive by and take a look. The adjacent land 408 Rhode Island is also for sale please check mls number 1084561
Daria Derebera
Real Estate Broker in Albuquerque, NM
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.