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