Southeast Heights Homes with Community/Coop Water

Welcome to Southeast Heights, a charming and inviting neighborhood nestled in the heart of Edgewood, New Mexico. This picturesque region in Bernalillo County is renowned for its serene landscapes and a strong sense of community, making it an ideal place for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Southeast Heights boasts a unique blend of natural beauty and modern convenience. The area is characterized by spacious homes that often feature stunning views of the Sandia Mountains, providing residents with a daily dose of breathtaking scenery. One of the standout features of this community is its commitment to sustainability and shared resources, as many homes are equipped with community or cooperative water systems. This not only fosters a sense of camaraderie among neighbors but also promotes responsible water usage in this arid climate.

Living in Southeast Heights means enjoying a peaceful lifestyle while still being just a short drive away from the vibrant culture and amenities of Albuquerque. Residents can explore nearby parks, hiking trails, and local shops, ensuring that there’s always something to do. The community is also known for its friendly atmosphere, where neighbors become friends and everyone looks out for one another.

Whether you’re seeking a cozy retreat or a place to grow your family, Southeast Heights offers a welcoming environment that feels like home. Come explore this hidden gem in Edgewood, where community spirit and natural beauty come together to create an exceptional living experience.

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.