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208 STANFORD Drive SE - Main Image
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208 STANFORD Drive SE

Albuquerque, NM 87106

$365,000
2 bd • 2 ba • 1,622 sqft • 0.16 acres
1 Story
Stories
$225
Per SQFT
1926
Year Built
08/01/2025
Listing Date
1088848
Listing #
87106
Zip Code

About This Property

Value Add Investment Opportunity! Just a few blocks from the University of New Mexico and near both UNM Hospital and Presbyterian Hospital, as well a wide variety of restaurants, this centrally located property is a prime investment opportunity. It includes a 2 bedroom house and a detached triplex with three studio apartments. Recent improvements include a full electrical upgrade in 2022 and new sewer/plumbing completed in 2024. The triplex presents strong value-add opportunity, just a bit of TLC could substantially boost its rental income potential. Ideal for investors seeking a long-term investment or those looking to maximize value through improvements, this property delivers location, flexibility, and upside in one of Albuquerque's most desirable rental pockets.

Interior

Bathrooms Total: 2
Appliances: Free-Standing Gas Range, Refrigerator
Flooring: Tile, Wood

Building And Construction

Property Type: Residential Income
Building Area Total: 1,622 sqft
Year Built: 1926
Levels: One
Number Of Units Total: 4
Stories: 1
Structure Type: House
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 6969.6

Provisional

MLS #: 1088848
Gross Income: 18000
Listing Terms: Cash, Conventional
Number Of Buildings: 2
Occupant Type: Owner
Operating Expense: 10594
Owner Pays: Gas, Sewer, Trash Collection, Water
Tenant Pays: Electricity, Gas

Area And Schools

Community Features: Storage Facilities
City: Albuquerque
Postal Code: 87106
MLS Area Major: UNM South
County: Bernalillo
Parcel Number: 101605712121432213

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Floor Furnace, Wall Furnace
Heating (Y/N): Yes

Location

Directions: from 1-25/central, head east on Central Ave, right on Stanford Dr, property will be on the left.

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Listing courtesy of Jones Realty of Albuquerque
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550

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