2702 Morrow Road Ne, Albuquerque, NM 87106
Local realty services provided by:ERA Sellers & Buyers Real Estate



2702 Morrow Road Ne,Albuquerque, NM 87106
$1,200,000
- 6 Beds
- 7 Baths
- 2,837 sq. ft.
- Single family
- Active
Listed by:talia freedman
Office:talia freedman and co.
MLS#:1088936
Source:NM_SWMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$422.98
About this home
''House of Modern,'' is a beautifully designed home and incredible business opportunity with over $178k in gross income, over $122k net and an unheard of 9.38% cap rate. Live in the front with a truly custom kitchen, formal dining room (easily transformed into a bedroom with a retractable wooden wall), and a primary bedroom suite. Create a 6th rentable suite out of the primary - and if you want to use the entire property for investment - you can easily use the front living space as a one bedroom rentable suite for a total of seven spaces. The property currently features 5 highly profitable Short Term Rentals (STRs) that come furnished. The spa-like suites boast dedicated parking, private entrances and outdoor spaces, and an attention to decor and features resulting in many repeat clients.
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Home facts
- Year built:1952
- Listing Id #:1088936
- Added:16 day(s) ago
- Updated:August 04, 2025 at 11:38 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:7
- Full bathrooms:1
- Living area:2,837 sq. ft.
Heating and cooling
- Cooling:Ductless, Refrigerated
- Heating:Ductless, Multiple Heating Units
Structure and exterior
- Roof:Metal, Pitched
- Year built:1952
- Building area:2,837 sq. ft.
- Lot area:0.23 Acres
Schools
- High school:Albuquerque
- Middle school:Jefferson
- Elementary school:Montezuma
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$422.98
- Tax amount:$5,245
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