This exceptional commercial property along historic Route 66, right on Central Avenue, presents a rare opportunity for investors and entrepreneurs alike. Sitting on a 0.64-acre lot in a prime, high-visibility location, this property offers unmatched flexibility thanks to its MX-H zoning. Whether you envision retail, office space, residential rentals, or a mixed-use hub, this property is ready to bring your vision to life.The property features two distinct structures. The larger building not only offers ample commercial space but also includes a fully separate one-bedroom apartment--ideal for an owner's suite or additional rental income. The second building adds even more potential, perfect for expanding operations, leasing to multiple tenants, or creating a combined commercial-residentia
Unique Dual-Residence Property with Extensive Commercial ParkingDiscover a one-of-a-kind opportunity that perfectly blends residential comfort with massive industrial utility. This expansive property features two attached homes and a reinforced yard capable of accommodating 5+ semi-trucks--ideal for owner-operators or savvy investors.Residence A: Features a generous open-concept layout including a kitchen, dining, and living area. Includes 2 bedrooms, 1 bathroom, a dedicated office space, a laundry room, and a 22'2'' x 12'3'' attached garage.Residence B: A secondary unit offering 2 bedrooms, 1 bathroom, and a functional kitchen/dining combo.Whether you're looking to run your business from home or generate dual rental income, this property offers unmatched versatility.
Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating, evaporative cooling, and full insulation for year-round efficiency. The property includes a security metal-gate for both vehicle and pedestrian access. A surveillance security system is currently in place and may be purchased separately from the seller. Property is being sold as-is and may be purchased individually or together with 517 Paloma as an expanded investment. Possible Section 8 qualifier
Durable brick 4-unit investment property designed for low maintenance and long-term ownership, conveniently located near major shopping centers, Kirtland AFB, and UNM area. Features a pitched shingle roof that adds durability and helps reduce exterior maintenance. Each unit offers a private backyard space, refrigerators and free-standing ranges, washer/dryer hookups, central forced-air heating, evaporative cooling, and full insulation for year-round efficiency. The property includes a security metal-gate for both vehicle and pedestrian access. A surveillance security system is currently in place and may be purchased separately from the seller. Property is being sold as-is and may be purchased individually or together with 521 Paloma as an expanded investment. Possible Section 8 qualifier
Stunning 2/3 bedroom home in desirable SE Heights. This beautiful single story Silver Crest home is move in ready. Beautifully designed and staged to show its ample space. Good sized kitchen stainless steel appliances, open light and bright lots of drawers and cabinets plus pantry. Enjoy a study / office or 3rd bedroom possibility. Owners suite with walk in shower. Extra storage thru out home. This is a fantastic affordable home in Four Hills MH Park. The community offers pool, Tennis courts (RV storage available for extra fee with park). So many possibilities make this a must see today...
Situated on a quiet lot, 628 Florida St SE features an accent backsplash in kitchen, stainless steel appliances, patio, fenced in backyard, low maintenance, fresh interior paint, new flooring throughout home, and new appliances. This residence maintains a consistent aesthetic across every room. The property layout focuses on the integration of these updated finishes and structural improvements within the interior. Included 100-Day Home Warranty with buyer activation
3,000 sqft building with garage for sale in the Southeast Heights! This large building with attached garage has potential for use as a work building and or storage with a half bath, an open floorplan, and garage. The high ceilings and large open interior can be used for a multitude of possibilities. This property is an ideal handyman special being sold in as is condition. The surrounding neighborhood has several locally owned businesses, restaurants, and shopping locations. Schedule to see this spacious property today!
Exceptional fully remodeled property is waiting for you. This Home is located in a corner lot, No HOA, backyard access, 3 Bedrooms 2 full Bath, Open Kitchen. New plumbing and electrical, New windows and Doors, New TPO roof and Sentetic Stucco, New flooring, New Cabinets and Appliances, and more.! Location Location just minutes from Airport and Isotopes park....
Back on market -- previous buyer was unable to complete the transaction through no fault of the seller.Beautifully refreshed and move-in ready, this single-story home in the established Willow Wood subdivision offers comfortable living with thoughtful updates throughout. Fresh interior paint, new carpet, and updated tile in the bathrooms create a clean, welcoming feel from the moment you enter.The open floor plan connects the kitchen, dining, and living spaces, centered around a cozy gas-log fireplace. Three bedrooms and two full bathrooms on one level provide convenience and flexibility for a variety of lifestyles. An oversized two-car garage and newer water heater add additional value and peace of mind.
Meticulously cared and move in ready, this property is well worth a look. The location is ideal for anyone needing to commute to Kirtland Air Force Base or looking for something centrally located in ABQ. The neighborhood is gated and secure with a small park as well. Give this home a look ASAP.
This remodeled, turn-key 3-unit rental offers a prime opportunity for both investors and owner-occupants. Ideally located near major employment centers, transportation, dining, and everyday conveniences, the property provides strong rental appeal and long-term value. Live in one unit while generating income from the others--perfect for offsetting your mortgage and building wealth. Each unit is updated and move-in ready, minimizing upfront costs and maintenance. Whether you're house hacking or expanding your portfolio, this income-producing property delivers immediate cash-flow potential in a high-demand location. Owner/Broker
Modern & contemporary 2020 Champion. Many upgrades including, beautiful upgraded laminate wood flooring throughout. Storm door by Andersen and higher end sturdy push/pull blinds. Renovated gourmet kitchen featuring custom high-end cabinetry, counter tops and upgraded stainless sink/faucet. Functional luxury primary bedroom bathroom with walk-in shower. Upgraded shower heads in both bathrooms. Convenient location in Four Hills Community with many amenities. Near Community Center and pool. Close access to I-40, shopping and restaurants. Potential buyers must apply and obtain approval with Four Hills Management prior to purchase for lot space rent. Lot space rent is subject to increase upon new lease agreement.
Impeccably maintained Twilight Home in highly sought-after Volterra. This light-filled residence showcases soaring ceilings and a seamless open-concept design ideal for refined living and entertaining. The chef-inspired kitchen features an expansive island, gas range, granite countertops, crown-molded cabinetry, designer backsplash, under-cabinet lighting, and stainless appliances. A statement fireplace anchors the main living space. Upstairs offers four generously sized bedrooms, including a private primary retreat with an oversized walk-in closet and spa-style bath with dual vanities, soaking tub, and separate shower. Professionally landscaped backyard with sprinklers, covered patio, gazebo, and storage shed. 2.5-car garage, smart-home features, and Ring security system. Prime location
GROUND FLOOR UNIT! You do not want to miss out on this gated 2 bedroom condo in the gated Moana Condominiums. All utilities (except electric) covered by HOA! Step inside to find a spacious open floor plan with an updated kitchen. Kitchen includes granite counter tops, tiled back-splash, updated cabinetry, & stainless steel appliances. Enjoy your private courtyard & dedicated parking spot. Washer/dryer hookups in unit. Close to the Air force Base, Airport, UNM and Downtown! Schedule your tour today!
Cozy, Newly Renovated 1-Bedroom Condo in Gated Tres Caminos!This charming ground-floor unit feels like new with its recent updates and clean, modern look. New Window and sliding door. Located in the secure Tres Caminos community, you'll enjoy quick access to the airport, Nob Hill, Kirtland AFB, the VA Hospital, CNM, UNM, plus great dining and shopping.
High-yield investment opportunity with an 12% cap rate and owner financing available. This income-producing property offers multiple revenue streams on one parcel, including an updated duplex, an owned mobile home, and four additional mobile home pads with expansion potential. Duplex features a 1BR/1.5BA unit with walk-in closet and two fireplaces, plus a 3BR/2BA unit. Ideal for investors seeking immediate cash flow with future upside. Call for details.
Cash-only opportunity for investors or owner-users. Property features a cold shell interior, providing a blank slate for redevelopment. Mixed-use zoning allows for a wide range of potential uses (buyer to verify). Conveniently located near Sandia Air Force Base. Ideal for buyers seeking flexibility to design and build to suit their vision. Sold AS IS
Truly move-in ready and full of character, this 3-bedroom, 2-bath home is nestled in a quiet, established tree-filled neighborhood. The no-carpet interior provides a clean, low-maintenance lifestyle. Enjoy a cozy family room with a welcoming fireplace. Fresh interior paint, and beautifully refinished original hardwood floors throughout. The spacious covered patio is perfect for outdoor living, overlooking a large backyard with convenient alley access. Stucco was repaired within the last six years, ensuring lasting curb appeal. Located close to the Air Force base, VA, major hospitals, restaurants, and shopping, this home delivers both convenience and quality. A fantastic price for a well-cared-for property--don't miss it! Come see it in person to fully appreciate it.
Come and see this well maintained and updated condo! Lower level that faces the courtyard and is next to the pool just adds to the entering living of your home! Cozy wood burning fireplace, bar tops in your kitchen, large bedrooms with nice walk in showers completes what this condo has to offer! Your home is close to the Base, Airport, UNM and Downtown so it gives you ease of commute to where ever you need to go! Schedule a time to preview it today!
Don't miss out on this great opportunity! A private triplex with so much potential. Three separate units that include a serene courtyard with a covered patio. The front unit A includes an enclosed front yard, a single car garage with extra storage space/workshop area, and two additional parking spaces. Also has a large bathroom with double vanity. Unit C includes a private gated back yard with raised flower beds, a compost box, and two large storage sheds. All units provide at least one parking space. All three units are lease. Conveniently located near to Nob Hill, UNM, Kirkland Airforce base, and the VA hospital
Prime, iron fenced commercial property located on a major city corridor with exceptionally high traffic counts. This versatile site is ideally suited for a car dealership, retail operation, storage facility, or a wide range of commercial uses. Its strong visibility and easy accessibility make it an attractive choice for businesses looking to maximize exposure and customer reach. A rare opportunity to secure a high-demand location with outstanding commercial potential.Please text at (505) 259-4909 if you want more information or have any questions.All utilities are in the street.
What a Gem! This Home is in the Four Hills Community. This home features two bedrooms and two bathrooms with a very spacious floorplan. Newer paint, floors and evaporative cooler. Located close to a community pool and clubhouse. This home is on leased land, and you will have to get qualified before the close of this sale with the Four Hills Community sales department.
Welcome to this inviting 2-story townhome in the sought-after Trumbull Village community! With 1,427 sq ft, this residence offers 3 bedrooms, 1 full bath plus a 3/4 bath, and an attached one-car garage. NEW TPO roof, tankless water heater and a new mini split to be installed. The kitchen is equipped with stainless steel appliances (stove, dishwasher, microwave) for modern convenience.Outside, the home features a fully fenced backyard with an open patio -- perfect for entertaining or relaxing in privacy.Location is a plus -- you're minutes from Kirtland Air Force Base, local shopping, dining, parks, and with easy access to major arterials.Don't miss this opportunity -- a comfortable, low-maintenance home in a desirable neighborhood
Measures of investment performance at ask price of $3,965,358 and current average rent of $745 are a GRM of 10.08, a 6.65% cap rate, cash on cash of 6.42%, $90,122 per unit, and $154/sf. If rents were raised to market rents of $1,002, measures of investment performance increase to a GRM of 7.50, and a 8.65% cap rate.Please note the numerous property upgrades listed in the flyer and pay special attention to all of the new development in the area, including the recently opened City of Albuquerque Community Services Headquarter directly west of the property.Most of the apartments have been updated with contemporary finishes & luxury vinyl plank flooring throughout. Secured access / courtyard entry to all buildings and apartments with 47 off street parking spaces (2 carport) ...
** Priced to sell! Development site with 24-unit apartment plans. Conceptual plans have already been approved by the City of Albuquerque's Development Review Board and the Fire Marshal's Office. Owner financing is available--20 % down, 3-5-year term, plus additional options. Build-to-suit services (custom design and construction available at cost) can also be arranged.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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