Home / Albuquerque / UNM South / Stephen Sudirgo / MLS #1081980

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217 PRINCETON Drive SE

Albuquerque, NM 87106

$520,000

1 bd • 1 ba • 2,400 sqft • 0.16 acres

1 Story

Stories

$217

Per SQFT

1929

Year Built

04/13/2025

Listing Date

1081980

Listing #

87106

Zip Code

About This Property

Don't miss this unique opportunity to own a versatile 4-unit property ideally located just steps from the University of New Mexico main campus. (Under 1/2 mile and only an 8min walk). Minutes from groceries, laundry and food establishments. Perfect for investors or owner-occupants, this well-maintained building features two spacious 2-bedroom units and two cozy 1-bedroom units--each with beautiful hardwood floors that add warmth and character.Enjoy the privacy and serenity of a secluded central courtyard, perfect for relaxing or entertaining tenants and guests. The front building boasts a durable metal roof, while Unit #3 has been upgraded with a brand-new mini split HVAC system for year-round comfort.

Interior

Bathrooms Total: 1

Appliances: Free-Standing Gas Range, Refrigerator

Flooring: Tile, Wood

Basement: Unfinished, Walk-Out Access

Building And Construction

Property Type: Residential Income

Property Sub Type: Quadruplex

Building Area Total: 2,400 sqft

Year Built: 1929

Levels: One

Number Of Units Total: 4

Stories: 1

Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.16

Lot Size Square Feet: 6969.6

Exterior Features: Landscaping, Lighting

Parking Total: 1

Provisional

MLS #: 1081980

Gross Income: 45000

Listing Terms: Cash, Conventional, FHA, VA Loan

Number Of Buildings: 2

Operating Expense: 11865

Tenant Pays: Electricity, Gas

Area And Schools

City: Albuquerque

Postal Code: 87106

MLS Area Major: UNM South

Subdivision: Stephen Sudirgo

County: Bernalillo

Parcel Number: 101605717318732305

Utilities

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Cooling: Ductless, Evaporative Cooling

Heating: Ductless, Radiant Floor, Wall Furnace

Heating (Y/N): Yes

Location

Directions: From Lead and Princeton, head north on Princeton to 217 Princeton. Located on the Westside of the street.

Listing courtesy of Three Sons Property Mgmt.

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.