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517 Gold Avenue SW

Albuquerque, NM 87102
  • $15,000,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 1079412
UPDATED: 172 min ago
$15,000,000
  • 60
    BEDS
  • 0.93
    ACRES
  • 60
    BATHS
  • 0
    1/2 BATHS
  • 244,800
    SQFT
  • $61
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Seller financing available. 8 Story high rise re-development deal. First two floors have been converted to 60 apartment units in 2017. Floors 3-7 are shell floors ready to be built into an additional 150 units. Property consists of 4 elevators. Huge potential on this property and most of the heavy lifting has been completed. Plans for converting basement into parking are in the works.

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-04-18T00:05:33.833.
www.albuquerquerealestateservices.com/homes/161085860
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517 Gold Avenue SW Albuquerque, NM 87102

  • Price: $15,000,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 172 min ago
  • MLS #: 1079412
60
Beds
60
Baths
0
½ Baths
0.93
Acres
244,800
SQFT
$61
$/SQFT
1958
Built
Neighborhood:
80 - Downtown Area
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
Seller financing available. 8 Story high rise re-development deal. First two floors have been converted to 60 apartment units in 2017. Floors 3-7 are shell floors ready to be built into an additional 150 units. Property consists of 4 elevators. Huge potential on this property and most of the heavy lifting has been completed. Plans for converting basement into parking are in the works.
Exterior Features

Construction Materials Other Concrete Stories Total 8

Interior Features

Appliances Free- Standing Electric Range Microwave Refrigerator Range Hood Basement YN Yes Cooling Refrigerated Cooling YN Yes Flooring Laminate Heating Electric Heating YN Yes

Property Features

Builder Name unknown Building Area Total 244800 Community Features Laundry Facilities Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Owner May Carry New Construction YN No Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 6974.62 Tenant Pays Electricity Parking Fee Sewer Trash Collection Water Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected Zoning Description MX- FB- UD*

Southwest MLS] logo Listing courtesy of R1 Commercial: (505) 883-9400. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-04-18T00:05:33.833.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112