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Downtown Home! Ideal Airbnb Potential! 615 Keleher Ave NW 1,551 SF Flex Building Albuquerque, NM 87102 $599,350 CAD ($386.43 CAD/SF) 6.36% Cap Rate
Investment Highlights
- Located in the Heart of Downtown
- 4 Bedroom Possible 5 Bedroom Home
- Airbnb potential
Executive Summary
$7k flex cash offered! Ideal AirBnb potential! Updated (Adobe) Craftsman Style home for sale in Albuquerque's downtown historic area! No HOA or PID! This home features 2+ living areas (Family room can also be a bedroom with walk-in closet). The sunroom entryway adds lots of natural light with large windows and is a tranquil sitting area. Updates to the home include Roof Replacement March 2023 (TPO back half & shingle front half), Gas Furnace replaced March 2023, Electrical updates in 2025, newly painted, updated bathrooms with vessel sink, tiled shower, and more! This home also offers versatility with potential for adding a stove or fireplace in the dining area. The subfloor beneath the carpet, in front of the home, is original hardwood flooring. Only 0.5 miles from heart of downtown!
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $599,350 CAD | Rentable Building Area | 1,551 SF |
| Price Per SF | $386.43 CAD | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1916 |
| Cap Rate | 6.36% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 0.07 AC | Opportunity Zone |
Yes
|
| Zoning | MX-L* - Residential | ||
| Price | $599,350 CAD |
| Price Per SF | $386.43 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.36% |
| Property Type | Flex |
| Lot Size | 0.07 AC |
| Rentable Building Area | 1,551 SF |
| No. Stories | 2 |
| Year Built | 1916 |
| Tenancy | Single |
| Parking Ratio | 1.29/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MX-L* - Residential |
Amenities
- 24 Hour Access
- Fenced Lot
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
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Downtown Home! Ideal Airbnb Potential! | 615 Keleher Ave NW
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