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2702 Morrow Road NE, Albuquerque, NM 87106
Overview
Description
Supplements: ... (Read more) The business, currently yielding the owners $178k in gross income, over $122k net, may be sold separately for an additional $150,000 for which the seller is happy to guide a buyer through the process of assuming ownership of this unique and profitable business operation which will make takeover of this turn-key business (and amazing home) smooth and supportive. The sale of the business would include the furniture in the five suites and other supplies pertaining to the operation. A little bit about the proprietors: Zephyr is an internationally known expert in Danish Modern furniture and a sought after restoration expert, meticulously committed to respecting traditional techniques and craftsmanship. Over 20 years ago Zephyr teamed up with Kylie to start designing and building things together. Combining technical knowledge with a commitment to honesty in materials and design, together they create unique spaces that are both functional and beautiful. Materials are allowed to speak for themselves: Teak, oak, slate, steel, and concrete express themselves moving into the realm of creating spaces that are timeless. Kylie specializes in color, form, and being able to walk into any space and instantaneously see what could transform it. Kylie's family background is in retail store and landscape design. Together, for the last 7 years, they have given new life to this property. "House of Modern" is designed to give guests the feeling of entering a space separated from their everyday world. We strive to give our guests everything they need and nothing they don't. By consciously limiting the offering we create the beauty that appeals to the ideal guest for the space while optimizing our ability to keep it perfectly cleaned and maintained. Specializing in one night travelers gains the business more reviews, increases the comfort of future guests, thereby increasing the revenue. Other features of the property and business include: -8 total parking spaces -Two laundry rooms. One for the owner's suite and one for taking care of the STRs which features two sets of washers and dryers. -Furniture that stays with the STR's. -Business features that are included: website, airbnb descriptions and photos, accounting and contact management program with client contact information, guidance from the current owners and more.
Listing Details MLS# 1088936
Status Change Info
- Pending Date
- 2025-11-28
- Closing Date
- 2025-12-23
Contract Information
- List Price/SqFt
- 299.61
Location
- Street #
- 2702
- Street Name
- Morrow
- St Suffix
- Road
- Post Direction
- NE
- County
- Bernalillo
- City/Town Code
- Albuquerque
- State/Province
- NM
- Zip Code
- 87106
- Zip +4
- 2525
- Directions
- From Carlisle and Indian School. Head west on Indian School to Princeton. Take an immediate right onto Morrow and it's the first house on the right. Either park on the street or in the off street parking spaces on Morrow. Do not park in any of the other spaces as they are designated spaces.
- MLS Area Major
- 40 - UNM
- Zone Atlas
- H16
General Property Description
- Property Sub-Type
- Detached
- Offsite Built
- No
- UPC Unitized
- No
- Fireplace
- Yes
- # of Fireplaces
- Yes
- Stories
- Yes
- Faces
- North
- Builder
- Unknown
- Living Area
- 2837
- Living Area Source
- Floorplan
- Lot Size Acres
- 0.23
- Lot Size Square Feet
- 10018.8
- Lot Size Source
- On-Line
- Flood Zone
- X
- Disability Access
- Unknown
- PBR on Main
- Yes
- Bedrooms Total
- 6
- Possible Bedrooms
- 7
- Bathrooms Full
- Yes
- Bathrooms Three Quarter
- 6
- Total Bathrooms
- 7
- Primary Bath Desc
- 3/4 Bath
- Private Pool
- No
- Elementary School
- Montezuma
- Middle School
- Jefferson
- High School
- Albuquerque
- Year Built
- 1952
- Year Built Details
- Original 1400sf house was built in 1952.
- Year Built Source
- Public Records
- LBP Disclosure
- Yes
- Basement
- No
- Accessory Dwelling Unit
- No
- Loft
- No
- Garage Spaces
- 0
Rooms
- Bedroom 2 Level
- Lower
- Bedroom 2 Length
- 10.66
- Bedroom 2 Width
- 14.66
- Bedroom 3 Level
- Lower
- Bedroom 3 Length
- 14
- Bedroom 3 Width
- 19.33
- Bedroom 4 Level
- Main
- Bedroom 4 Length
- 10.17
- Bedroom 4 Width
- 15.17
- Bedroom 5 Level
- Main
- Bedroom 5 Length
- 10.08
- Bedroom 5 Width
- 18.08
- Dining Room Level
- Main
- Dining Room Length
- 10.08
- Dining Room Width
- 16.42
- Kitchen Level
- Main
- Kitchen Length
- 14.75
- Kitchen Width
- 11.17
- Living Room Level
- Main
- Living Room Length
- 18.33
- Living Room Width
- 15.25
- Primary Bedroom Level
- Main
- Primary Bedroom Length
- 10.08
- Primary Bedroom Width
- 12.25
- Bedroom 2
- Yes
- Bedroom 3
- Yes
- Bedroom 4
- Yes
- Bedroom 5
- Yes
- Dining Room
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Primary Bedroom
- Yes
Sunroom
- Sunroom
- No
More Information
Green
- Green
- No
- HERS
- No
Miscellaneous
- Guard House/Service
- No
- Hist Prop/Lndmk
- No
- Rented
- No
- Land Lease
- No
Association Details
- Association
- No
Cooling
- Centrally Ducted
- No
- Ductless
- Yes
- Refrigerated
- Yes
Sales Info
- Seller Assist Ofrd
- No
- Trade/Xch Considered
- No
Tax & Legal Info
- UPC Code
- 101605918501530801
- PID
- No
- Short Legal Desc
- * 001 N NETHERWOOD CORP REPL
- GRT Code
- 02-100
- Tax Exemption
- Unknown
- Tax Annual Amount
- 5245.48
Construction Materials
- Frame
- Yes
- Stucco
- Yes
Exterior Features
- Courtyard
- Yes
- Fire Pit
- Yes
- Patio Combination
- Yes
- Patio Covered
- Yes
- Patio Open
- Yes
- Wall Privacy
- Yes
Fireplace Type
- Custom
- Yes
- Wood Burning
- Yes
Flooring
- No Carpet
- Yes
- Tile
- Yes
- Wood
- Yes
Heating
- 2+ Units
- Yes
- Ductless
- Yes
Interior Features
- 2+MBR
- Yes
- Bar In Kitchen
- Yes
- Formal DR
- Yes
- High Speed Internet
- Yes
- MB Shower Only
- Yes
- Pantry
- Yes
- Separate Entrance
- Yes
- Split MBR
- Yes
Laundry Features
- Service Room
- Yes
Other Structures
- Shed(s)
- Yes
- Storage
- Yes
Foundation Details
- Combination
- Yes
Build Description
- Resale
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Possession
- Other - See Remarks
- Yes
Green Energy Generation
- None
- Yes
Electric Provider
- Public Utility
- Yes
Laundry Power
- Electric
- Yes
Special Listing Conditions
- Standard
- Yes
Wastewater
- Public Sewer
- Yes
Water Source
- City Water
- Yes
Land Use
- Subdivided
- Yes
Roof
- Metal
- Yes
- Pitched
- Yes
Finance Considered
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Windows
- Thermal-Double Pane
- Yes
- Vinyl
- Yes
Zoning
- R-1D*
- Yes
Property Features
Room Information
| Room Name | Length | Width | Level | Remarks |
|---|---|---|---|---|
| Living Room | 18.33 | 15.25 | Main | |
| Kitchen | 14.75 | 11.17 | Main | |
| Primary Bedroom | 10.08 | 12.25 | Main | Possible STR 6 |
| Dining Room | 10.08 | 16.42 | Main | 7th Br/Dining Room |
| Bedroom 2 | 10.66 | 14.66 | Lower | STR 1 |
| Bedroom 3 | 14.00 | 19.33 | Lower | STR 2 |
| Bedroom 4 | 10.17 | 15.17 | Main | STR 3 |
| Bedroom 5 | 10.08 | 18.08 | Main | STR 4 |
| Bedroom 5 | 10.16 | 18.08 | Main | STR 5 |
Floorplan ›