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24 Matisse Rd NE 24 Matisse Rd NE 6 Unit Apartment Building $1,375,000 ($229,167/Unit) Albuquerque, NM 87123
EXECUTIVE SUMMARY
OCCUPIED PROPERTY MUST SCHEDULE SHOWING! Step back in time to this historic Route 66 ranch-style 1940 home on 10.7 acres-first built on a 200-acre Tres Pistoles Canyon homestead amid granite boulders with historic visitors! A rare investment opportunity with 7 beds, 6 baths, 8,134 sq ft. Main house + 2 casitas, each with their own entry, private driveway, and beautiful courtyards! Breathtaking Sandia views & easy National Forest hiking access make you feel worlds away—yet minutes from I-40's Tramway/Central exit. Historical charm includes original kitchen cabinets, classic bathtubs/showers, flooring, rock fireplaces, wrought-iron porches, & built-in BBQ pits. Main floor has koi pond & privacy fence; lower back has shade trees. Extensive masonry/flagstone, adobe/brick/saltillo floors, open wood ceilings embody Northern NM charm!
PROPERTY FACTS
| Price | $1,375,000 | Building Class | B |
| Price Per Unit | $229,167 | Lot Size | 10.41 AC |
| Sale Type | Investment | Building Size | 8,134 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1946 |
| Zoning | A-2 - Rural Agricultural 2 Acre Minimum Zone | ||
| Price | $1,375,000 |
| Price Per Unit | $229,167 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 10.41 AC |
| Building Size | 8,134 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1946 |
| Zoning | A-2 - Rural Agricultural 2 Acre Minimum Zone |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $2,400 | 2,051 |
| 1+1 | 5 | $1,350 | 786 - 1,108 |
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PROPERTY TAXES
| Parcel Number | 1-025-057-099018-3-01-05 | Improvements Assessment | $150,574 |
| Land Assessment | $20,439 | Total Assessment | $171,013 |
PROPERTY TAXES
Parcel Number
1-025-057-099018-3-01-05
Land Assessment
$20,439
Improvements Assessment
$150,574
Total Assessment
$171,013
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24 Matisse Rd NE | 24 Matisse Rd NE
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