Attention Investors! Discover this income-generating triplex offering a potential perfect for seasoned investors or those new to multifamily investing. This centrally located Triplex offers; One large unit with 2 beds 1 bath. And two units with 1 bed 1 bath. Each of the 3 units features its own back patio area, along with access to a shared backyard shaded by mature trees--a gem find! Building has been well maintained with clean and efficient units. ALL units are currently occupied generating immediate income potential. Whether you're looking to add to your portfolio or start your real estate investment journey. Building next door is also listed at 305 Tennessee Se. Will sell both as a package deal! Make an OFFER today!!
Attention Investors! Discover this income-generating triplex offering a potential perfect for seasoned investors or those new to multifamily investing. This centrally located Triplex offers; One large unit with 2 beds 1 bath. And two units with 1 bed 1 bath. Each of the 3 units features its own back patio area, along with access to a shared backyard shaded by mature trees--a gem find! Building has been well maintained with clean and efficient units. Whether you're looking to add to your portfolio or start your real estate investment journey. Building next door is also listed at 301 Tennessee Se. Will sell both as a package deal! Make an OFFER today!!
Well maintained Light-filled Mid Century Modern home with coved ceiling and hardwood floors. 99 SQ FT Entry Sunroom (not in SQ FT) serves as a wonderful area for plants, exercise equipment or as a mudroom. Cove ceiling and hardwood floors in spacious living room. Dining room features a coat closet & French doors leading to inviting backyard deck. Large Family Rm off of Living Rm w/ bi-fold doors . Kitchen with newer gas range, refrigerator, disposal and Bosch dishwasher. Double door closets in all bedrooms. Newer CFA furnace and refrigerated cooling. FLEXIBLE FLOOR PLAN with spacious in-law quarters with 3/4 bath, kitchen-like area, and separate entrance that can be used as primary bedrm, in-law suite, or as room for rent.. Mature landscaping with trees and a backyard fountain.
Spacious and beautifully updated 3-bedroom, 2-bath home with a 2-car garage. The large kitchen features granite counters and a breakfast bar, with brand-new stainless steel appliances (to be installed prior to closing), updated fixtures, and modern lighting. Both bathrooms have been refreshed with new vanities and fixtures. New carpet and laminate flooring throughout, fresh interior paint, and a new water heater provide comfort and peace of mind. Situated on a spacious lot with a walled backyard for privacy, plus a covered patio perfect for outdoor living. Move-in ready and waiting for its new owners!
Turnkey 4-plex with major upgrades and strong upside potential. Three of four 1BR/1BA units fully remodeled including brand new kitchen cabinets and countertops, new bath surrounds and vanities, new water heaters, new wall heater units, and many new windows. Refinished hardwood floors, fresh paint, and updated lighting throughout. New roof currently being installed, reducing near-term capital expenses. Current gross rents $3,556/month with one inherited lease at $650 well below market, creating built-in value-add opportunity.
WELCOME HOME!! This home has a open floor plan also home features include Fresh Paint (inside & out) Cabinets. Counter-Top's and Back splash, Stainless Microwave, Self-Cleaning Smooth top, Gas Range, Dishwasher, Refrigerator, Doors, Opener, Disposal, Fixtures, Bathrooms, Windows, Window Coverings, Doors, Flooring, Large Yard, Refrigerated Air and Close to Schools and Parks.
Investment package: Six updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes three 2BR/2BA, one 2BR/1BA, and two 1BR/1BA units. Secured parking in gated lot for 5 of the 6 condo units. Condo dues vary by size and cover exterior maintenance, exterior utilities (gas, water, sewer, trash), and exterior insurance; owner pays interior electric and taxes. Complex includes a pool. Fully leased; all units on leases with deposits in place. Current gross $81,888; NOI $40,065 (6.69% cap). Market rents project gross $98,352; NOI $51,053 (8.52% cap). Package sale only. Offers contingent on buyer's visual inspection within 72 hours of offer acceptance; proof of funds required on all offers. No sign or lockbox at property.
Vacant Unit READY to VIEW! INVEST WHERE LOCATION AND LAYOUT WORK HARD FOR YOU AT 305 GROVE. This 4-plex offers strong income potential with 4 well designed 2 bedroom 1 bath units that are easy to maintain and easy to rent. Mixture of upstairs and downstairs units, durable flooring with no carpet, and simple upkeep that keeps expenses predictable. Tenants will love convenient parking, proximity to the fairgrounds and quick access to nearby amenities. Community laundry room ready with cash-less washer/dryer! Whether you are expanding a portfolio or starting one, this property delivers practicality, location, and opportunity. Schedule your showing today and secure your next income producing asset! Inquire about the opportunity to buy with 301 Grove!
Opportunity to Own a Fully Rented 4-Plex! This income-producing property brings in $3,616 in monthly rents across four units. Three of the four units have been updated, and all units are in good condition, offering solid long-term rental appeal. The roof is newer, and property is well maintained. Brand new water line 2025! A great investment for steady cash flow and future upside! There is also room for income growth.
Situated on a spacious 0.49-acre lot, this versatile commercial property offers exceptional potential with sought-after MX-L zoning. Designed to accommodate a wide range of uses, the flexible zoning allows for mixed-use, retail, office, or redevelopment opportunities to fit most buyers' visions. With ample space and prime positioning, this property is ready to be tailored to meet your business or investment goals.
Price Improvement! Nice One Story Pitch Roof Ranch Style. Attached 2 Bedroom One bath Duplex with detached 3 Car Garage. Well maintained with Washer/Dryer Hook ups, Sliding glass doors to small fenced Back yards. CFA gas heating and evap cooling. Wrought Iron Security Doors and Bars on windows with quick releases. Separate gas and electric meters. EZ care landscaping. All units on Month to Month Tenancy. Garage is rented separately to 3rd party @ $300. Do Not Disturb Tenants or Walk Property.Showings and Inspections Subject to Acceptable Offer.
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!
2 Bedroom, 1 Bathroom Apartment with hardwood floors, fresh paint and nice Bathroom with new Bathtub, surround and flooring. This Apartment is move in ready and also offers hookups for Washer/Dryer, plus comes with a detached 1 Car Garage for extra storage.Max. of 1 small, well-behaved and trained pet, up to 25 lbs. allowed (subject to a one-time, non-refundable pet fee of $300.00 and add. $30.00/m. pet rent). Water/Sewer/Trash, included. For all fees please visit our website.
This charming 3-bedroom, 2-bath brick home is located in a quiet, well-kept neighborhood. Inside, you'll find beautifully refinished hardwood floors and freshly painted interiors that create a bright, welcoming atmosphere throughout. The kitchen features a brand-new range and dishwasher. Additional updates include new garage doors, new bathroom and bedroom doors, new light fixtures in den and kitchen.
Great Parkland Hills area location. Updated Kitchen with Granite Counters, newer cabinets, Stainless Steel Appliances(Freestanding Range; Microwave, Dishwasher and Fridge). Stainless Steel Sink and Faucet. Updated Light Fixtures and Ceiling Fans. Updated Thermal Windows. Updated Guest Bath with newer vanity, sink, low flow toilet, mirror and subway tile in full bath. Primary Bedroom with Walkin Closet(skylight in closet) and Updated 3/4 Bath. 3/4 Primary bath is updated with subway tile in shower, low flow toilet, newer vanity, sink, light fixture and faucet. Refrigerated Air! Carport and 1 Car Garage. Convenient access to Nob Hill, Kirtland AFB, Sandia Labs, UNM, CNM, Hospitals, Shopping, Restaurants, Parks and more.
CORE AssetMeasures of investment performance at the ask price of $5,317,173 and current average rents of $878 a month are a GRM of 8.06, a 6.19% cap rate, $106,343 per unit, $163/sf, and an after tax internal rate of return is 17.0%And Value AddThe property is currently 20.3% below market rents and that does not take into account the double digit annual rent growth the market is enjoying. If the rents are raised to the market of $1,100, the metrics of investment performance improve to a cap rate of 8.82% and a cash on cash of 12.17%.This community is located facing Zia park and Zia Elementary school and within walking distance of the Nob Hills 80+ restaurants. The property is also within biking distance of the University of NM and sits between two major transit corridors
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) ...
This 3-bedroom, 1-bath home is a fantastic find for buyers looking to invest or create their dream space. The property is fully fenced, offering privacy and security, and sits on a nice-sized lot. While the home is in need of some work and updates, it has great potential with the right vision. Being sold as-is at a great price, this is the perfect opportunity for someone looking to add value through renovations or sweat equity. Don't miss out on this budget-friendly home with endless possibilities!
This well maintained and charming home offers convenience and comfort in an unbeatable location--just minutes from Kirtland Air Force Base, the airport, schools, and quick access to I-25 for easy commuting. This 3 (possibly 4) bedroom home has a spacious kitchen and a formal dining room perfect for gatherings, and a functional layout ready to fit your lifestyle. Step outside to enjoy the spacious backyard with backyard access, ideal for entertaining, gardening, or simply relaxing. With its blend of location, comfort, and potential, this property is ready for you to make it your home! Converted garage that is not included in square footage.
Spacious 4-bedroom, 3-bath home in central Albuquerque with endless potential! This property features a partial TPO roof, handicap accessibility with a front ramp, and backyard access. Inside, you'll find original hardwood floors, generous living areas, and a functional kitchen with plenty of cabinet space. The basement offers both interior and exterior access, ideal for storage, hobbies, or guest space. Conveniently located near UNM, Nob Hill, shopping, and dining. Sold as-is at a value price, this is a great opportunity for investors or buyers ready to customize.
Hidden gem in the Southeast Heights, this well-maintained, corner-lot Single-family home offers 4 Bedrooms and 2 Baths with a flexible layout that includes a spacious living room, dining area, and bright sunroom, making it ideal for both everyday living and entertaining. The backyard features a covered patio perfect for gatherings, while the detached oversized two-car garage provides ample space for parking, storage, or projects. Conveniently located near shopping, dining, schools, and recreational amenities, this home offers comfort, functionality, and easy access to everything you need. Schedule your private showing today and see why this home is perfect for making lasting family memories.
Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four twobedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. One unit is currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hillneighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long term appreciation.
Welcome to 1716 Anderson Place SE--an inviting home with the added bonus of an ADU offering excellent rental or multi-generational potential. The main home features comfortable living spaces, great natural light, and a functional layout, while the ADU provides flexible options for extended stays, a home office, guest quarters, or income opportunity. Enjoy a yard with room to relax and entertain, all in a convenient SE location close to everyday amenities and commuter routes. The main house is 2 bedrooms, a full bath, an office/flex space and a large pantry.The ADU features a beautiful and charming vintage living space, a large storage area adjacent and a yard closet to store tools and supplies.
Be part of an amazing and active community. Nestled in this highly sought after community you find the spectacular 4038 Anderson. This home has tasteful upgrades throughout that add to the overall character of the home. Their single story home has granite counter tops and stainless steel appliances in the spacious kitchen. Enjoy entertaining from the great room with the fireplace. This home flows with appeal and taste with the large rooms. The guest bedrooms boast their own separate and private retreats. Enjoy worrying just a little less with the sleek wood and tile flooring throughout. The main bathroom adorns great lighting and double sink in the remodeled bathroom. Want to entertain outside? Enjoy the walled privacy comfort and opportunity that a large back yard has to offer.
**Ridgecrest/Nob Hill** First time in MLS!! MOVE in READY!! Fresh paint, New windows, updated kitchen, updated great room that could easily be an large primary suite with wood burning fire place that offers new luxury vinyl floors. The main rooms have original existing hardwood floors. The kitchen and bathrooms have updated luxury vinyl floors. This property is ready for new owners. Put this property on your list to see and make an appointment today.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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