charming multi-family property designed for anyone looking to tap into the thriving rental market or seeking a multi-generational living solution. Boasting a newly remodeled aesthetic, this property features a spacious 3 BR unit with 1 1/2 baths and a cozy 1 BR unit with a full bath--both refreshed and ready to welcome residents with open arms. This property not only offers substantial rental income from its 2 independent units but also holds potential for lucrative short-term rental opportunities, thanks to its prime location close to downtown ABQ. Whether your plans include harnessing the property for income or housing family, its versatility makes it an attractive investment. Live here, invest here, and benefit from a property that splendidly meshes convenience with opportunity!
Welcome to 834 Griegos NW, a distinctive five-unit compound-style property in Albuquerque's sought-after North Valley. This mixed-use investment features three residential units and two commercial spaces, requiring commercial financing. Built in 1924 (per assessor records), local history suggests parts of the building once served as a tack house. The current owner has renovated one residential unit, while one of the commercial spaces has had the same tenant for over 20 years, providing long-term stability. With solid walk , bike, and transit scores, this fully occupied property offers a rare investment opportunity in a prime location. Cap Rate is calculated at 8.63%. Please do not request showings.
Exceptional 4-Unit Multifamily Investment Opportunity in the Singing Arrow neighborhood! Each of the four units has two bedrooms and one bath with approximately 800 square feet of living space. Property has evaporative cooling, on-site laundry facilities, and off-street parking. This asset is selling at a 6.9% cap rate, with a total monthly rental income of $3,798 when fully leased. Currently, Unit D is vacant, while two tenants remain on month-to-month leases, allowing for flexible rental strategies. With its solid financials, and operational upside, this multifamily asset is ideal for both seasoned investors and those looking to expand their portfolio.
Welcome to 630-632 Alcazar St SE, a well maintained 8-unit property in the Southeast neighborhood of Albuquerque. This complex, originally constructed in 1971, has a track record of consistent occupancy and hassle-free management, making it an ideal investment opportunity. Each of the eight units is separately metered for gas and electric. Water is master metered, and tenants are billed back for utility overages exceeding $100 per month. Recent upgrades include a roof replacement in 2020 and new exterior paint in 2023. Additionally, ceramic tile flooring has been installed in the living rooms, kitchens, and bathrooms, offering durability and easy maintenance. Additional income can be generated by upgrading the on-site laundry room and storage units. Don't miss the opportunity to own a well-maintained, income-generating property with a proven track record of success. 630-632 Alcazar St SE is poised to provide both steady returns and long-term appreciation. 7.5% Cap Rate on in-place income New Roof New Exterior Paint Tile Floors 6, 2 Bedroom Units Speratley metered Electric and Gas. Additional Income can be made with on-site laundry room. Laundry room already in place, it just needs a washer and dryer.
Fully updated house with casita and beautiful courtyard! Do you want to rent the casita to offset your payment? Do you want to rent/airbnb both units? This is a great opportunity to buy a turnkey operation (all furnishings will convey with appropriate offer). Very close proximity to down town cafes, restaurants, night life, parks, walking trails, the zoo, tingley beach and wildlife in the bosque. *Casita is seperately metered* Airport is only 10 minutes away.
Live in one of the 2 bedroom units and rent the others! Lots of potential with this conveniently located 4-plex, near shopping and I-40 access. Individually metered for electric and gas. On site parking, close to the laundromat and public transit.
Investment Opportunity - Centrally Located TriplexThis well-located triplex offers great potential for investors. Situated near shops, restaurants, and public transportation, it's ideal for renters seeking convenience.Featuring three separate units, the property requires renovation, presenting an opportunity to add value. Whether you choose to live in one unit while renting the others or renovate and resell, the possibilities are endless. Don't miss this promising investment.
Do not disturb tenants. 4 Bedrooms, 2 Bath, ADA-compliant for home healthcare services. Heating: CFA. Cooling: Refrigerated Air. Open Patio. Occupancy: 100%, New 5-year lease signed, NNN, Jan 1, 2025-Dec 31, 2029, automatic 2% rent increase YoY. CAP Rate: 7.04% increasing yearly to 7.6% in year 5 NOI: $ 29,940 increasing yearly to $32,407 in year 5. Tenant covers property taxes and insurance.
Stunning Custom Contemporary Townhome in the NE Heights with mountain views. Beautiful light and ambiance views, beautiful entrance with custom wood staircases, kitchen upstairs, refrigerated air, tankless water heater, 2x6 construction, with Quartz countertops, SS appliances, Dumbwaiter, Solid wood doors, has a 95% efficient forced air heater, tile through out home, large Master Suite upstairs and 2nd bedroom downstairs. The sharp and clean lines only accentuates the open and bright architecture. This home is absolutely Beautiful... Don't MISS IT!!!
Entertaining all offers!! Located along historic Route 66 and across from City of Albuquerque Fire Station #7, this property provides convenience to tenants utilizing ART Rapid Transit. It experienced a complete remodel in 2019. This included a new roof, some new plumbing, electrical, paint & stucco, heaters and coolers in all units and new kitchenettes in all units
A lot of potential to make money with this property, 1 home, 2 studios, 1 apartment, big lot, almost half acre, great location, this one will go fast! There is also a mobile home in the property that pays 600 a month
These super charming homes are Situated in the heart of downtown Albuquerque in the Historic district steps away from the Courthouse, minutes away from Old Town, Botanical gardens, Sawmill attraction & market, Rio Grande & much more... This historic home Features: 2dwellings ( a House & a Guesthouse ) 4 total bedrooms, 2 bath 1 car detached garage , remodeled kitchens with New Granite countertops, Stainlesssteel Appliances, combination of newer Tile floors, Original Hardwood floors , enclosed patio, New concrete drive way , and much more... Perfect for aLaw office, or Live one rent another, Zoning is MX-L and the possibilities are countless (Currently being used as AirBnB / Medical office ) for more infoplease see attached Zoning for permissive usage Thank you for Viewing :)
Welcome to Sawmill Crossing! Custom Construction, SINGLE LEVEL Green Build-NM Silver Level. Arched Doorways, Open Floor Plan and thoughtful use of space. Abundant natural light, tankless water heater, 2x6 Construction, Blown-in Insulation, Low E windows. HUGE Master Suite. Conveniently located Old Town/Museum District Area, less than 10 minutes to UNM, and hospitals. Two minutes from I40 and 12th. Less than 5 minutes to Museums, Microbrews and Community Parks! Two blocks from NM's ONLY 5 star hotel - Hotel Chaco with rooftop bar and Sawmill Market.
In Fair West Neighborhood which has bike friendly streets, mainly homes, & conveniently located to VA, Nob Hill, Downtown, dining, shopping, & entertainment Totally remodeled from studs owner's unit 1524sf two bedroom two bath plus office, large carport, in quite tri-plex with private fenced backyard /w large walk-in shed with patio & turf area. Everything is brand new, led lighting, new cabinets & vanities, sinks, shower & tub, new HVAC for air conditioning & heating, all new gypcrete flooring, laundry room with w/d hookup & sink, large living room & office bay windows, stove, microwave, fridge, dishwasher, disposal, new electrical wiring & data & cable. South exposure office. Ceiling fans throughout.
This is an Amazing, 2bed room 2 bath Modern A-frame style single family home. The main level has an open kitchen with shaker cabinets, quartz top a free-standing range oven, and a 6 foot island with butcher block top, there is a large dining area directly off the kitchen. Also the living room is adjacent with tons of windows and 2 separate covered patios off the living area. There is a 3rd covered porch off the front entry door, there is a 3/4 bathroom and a large closet on the 1st floor, the second floor has 2 bedrooms each has its private deck. both have walk-in closets. The bathroom has a soaking tub 2 sink vanity and a separate enclosed shower. the outside living areas make you feel like you are in the mountains. On the same property we have a --
Store your RV(s) on your OWN PROPERTY??? A most unique property in the heart of the North Valley. An executive, custom-built principal residence, a huge workshop-garage, a one-bedroom apartment, and a site-built storage area-- ALL on a large,''almost an acre'' lot -- WITH VIEWS!!! RESIDENCE Highlights: a Man-Cave (basement)' All Pella Windows throughout; Two Separate Air/Heat Units; All interior walls are insulated; Space to Spread out! WORKSHOP-GARAGE Highlights: Overhead Door; Fully Equipped (Tools Included!); High Ceilings; Room for at least SIX automobiles or TwoFull-sized RVs. APARTMENT Highlights: 800 SF; One Bedroom plus LR and storage area and Kitchen. STORAGE BUILDING Highlights: Previously used asan apartment. Great POTENTIAL! Come Take a LOOK!!!
11.6% CAP RATE!! New TPO roof with warranty. New fencing and new stucco surfaces. No carpet. Easy maintenance. All electrical for easy inexpensive repairs. All unites have stoves and refrigerators. Some have washer hookups. Both 209 and 211 Texas must be sold together. You get the advantage of an 8-plex with the advantage of residential funding, or use seller financing with 20% down, 6% interest. Seller needs to move to another project so these units are priced to sell.
11.6% CAP RATE!! All units rented, no vacancies, auto-renewal on leases. New fencing, new TPO roof, new stucco surfaces. Low maintenance, no carpet, freshly painted. All electric for inexpensive easy repairs. Four units have washer hookups. All units have stoves and refrigerators. This is a property with two four-plexes surrounding a courtyard. Both four-plexus must be sold together. Get the advantage of an 8 plex with residential funding, or use seller financing: 20% down, 6% interest
11.6% CAP RATE!! All unites are rented with renewable leases. New TPO roof with warranty. New fencing and new stucco surfaces. No carpet. Easy maintenance. All electrical for easy inexpensive repairs. All unites have stoves and refrigerators. Some have washer hookups. Both 209 and 211 Texas must be sold together. You get the advantage of an 8-plex with the advantage of residential funding, or use seller financing with 20% down, 6% interest. Seller needs to move to another project so these units are priced to sell.
Prairie Style 4-Square Craftsman Style Historic Home & apartments. Unlimited possibilities! Live Work, Commercial Office & rentals, or Air BnB part!Vintage Style w/loads of upgrades. Front porch, entry with wood floors, raised ceilings, picture rail, wood laminate, carpet, ceramic tile too! 2 Parlors/living areas or offices, bedroom w/window seat. Living or reception area with adobe accents on the wall & basement access, which has 2 furnaces & 50 gal water heater. There is also a 1/2 bath plus a laundry room. Upstairs has the kitchen with a balcony, three additional bedrooms, a full bath & city skyline views. There is an upstairs studio apartment. At the rear of the property is the detached duplex, both studios. There is ample parking from Kent and on Tijeras, Yards for house too!
Welcome all investors or owners looking to offset their mortgage payment. This duplex is a income producing property ready for rents. Live in one of the properties and rent the other, or rent both for cash flow.
Albuquerque is located in New Mexico. Albuquerque, New Mexico has a population of 562,336. Albuquerque is less family-centric than the surrounding county with 25.25% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Albuquerque, New Mexico is $56,366. The median household income for the surrounding county is $56,920 compared to the national median of $69,021. The median age of people living in Albuquerque is 37.5 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 11.1 inches per year, with 10.6 inches of snow per year.