Introducing Hermosa Commons at 200 Hermosa Dr. NE, Albuquerque, NM 87108 -- a prime turnkey investment in the heart of Nob Hill.This mixed-use property includes 22 units (20 studios, 2 one-bedrooms, and commercial spaces) across 11,369 sq. ft., just minutes from Nob Hill Business Center and the University of New Mexico (UNM). Studios at 330 sq. ft. are ideal, efficient spaces for renters.Since 2019, Hermosa Commons has undergone significant improvements, including fresh paint and flooring in 17 units and a new high-efficiency boiler installed in 2020. Attracting and retaining quality tenants. Three previously vacant units have also been renovated and leased.Located steps from the Albuquerque Rapid Transit (ART) station, the property provides unmatched citywide accessibility.
Property Details
Property Features
Property Information:
Year Built: 1941
Stories: 2
Living Area: 11,369 SqFt
Listing Office:
Office Name: USRealty.com, LLP
Office Phone: (866) 807-9087
Listing Agent: Loria A Hamilton-Field
Interior Features
Interior Information:
Appliances: Refrigerator
Basement: No
Flooring Type: Carpet, Laminate
Bedroom and Bathroom Information:
Total Bedroom Count: 22
Exterior Features
Exterior Information:
Exterior: Landscaping
Lot Features
Lot Information:
Lot Size: 0.23 Acres
Utilities
Utilities Information:
Heating: Baseboard, Electric, Hot Water
Cooling: Evaporative Cooling
Other
Directions Information:
Directions: From I-40 and Carlisle, south on Carlisle, to Copper, east to property
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Price Per SqFt: $246/SqFt
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Housing Market Comparison
See how this home compares to others in Albuquerque, NM.
This property is $2.4M more than the Median Sold Price and $41/SqFt more than other homes in Albuquerque, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1073494
Listing Office:
Office Name: USRealty.com, LLP
Office Phone: (866) 807-9087
Listing Agent: Loria A Hamilton-Field
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Monte Vista Elementary School
3211 Monte Vista Blvd NE
Distance between this listing and this school0.51 miles
Public District Grades KG-5
6
/10
Bandelier Elementary School
3309 Pershing Ave SE
Distance between this listing and this school0.57 miles
Public District Grades KG-5
6
/10
Zia Elementary School
440 Jefferson St NE
Distance between this listing and this school0.82 miles
Public District Grades KG-5
Nearby Schools
4
/10
Jefferson Middle School
712 Girard Blvd NE
Distance between this listing and this school0.87 miles
Public District Grades 6-8
4
/10
Wilson Middle School
1138 Cardenas Dr SE
Distance between this listing and this school1.79 miles
Public District Grades 6-8
6
/10
Cien Aguas International
2000 Randolph Rd SE
Distance between this listing and this school2.08 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Media Arts Collaborative Charter
4401 Central Ave NE Bldg 2
Distance between this listing and this school0.50 miles
Public Charter Grades 6-12
3
/10
Highland High School
4700 Coal Ave SE
Distance between this listing and this school0.65 miles
Public District Grades 9-12
8
/10
College and Career High School
525 Buena Vista Dr SE
Distance between this listing and this school1.24 miles
The neighbors living near this home have an average income of $38,179. The majority of Albuquerque, NM residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 200 Hermosa Dr NE in Albuquerque, NM and zip code 87108 in the Southeast Heights neighborhood. This 11,369 square foot home, which was built in 1941, sits on a 0.23 acre lot. Features: 22 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $2,800,000.
Over 86 listings were sold over their listed price in November 2024 in Albuquerque, NM. In the same period over 225 listings were sold below the listed price and 127 listings were sold for the listed price. The inventory of homes for sale in Albuquerque, NM between October 2024 and November 2024 decreased by 14.7%. While the average time on the market in November 2024 was 34 days, the median list price was $344,759.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. 
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