Lease Rate is negotiable and flexible... Commercial Lease / Lease Option Opportunity - 334 & 336 Adams St. SE | Albuquerque, NM. Professional office condo available for lease at $17.00 per square foot ($1,825/month) with negotiable lease terms. This property also offers a lease option opportunity, allowing tenants the ability to lease with the option to purchase.Both Unit 334 and Unit 336 Adams St. SE are currently available for lease and for sale, presenting a flexible opportunity for owner-users or investors seeking to secure one or both units. Each unit is offered for $288,500. Seller financing is available with 10-20% down, creating an attractive pathway for buyers seeking flexible acquisition terms.
Spacious Investment Opportunity! This versatile 3-bedroom, 2-bathroom home features two distinct living areas and a large, functional kitchen. Currently generating $1,800/month on a flexible month-to-month agreement, this property also offers the highly sought-after benefit of backyard access. A perfect addition to any portfolio.
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
Large 6-Bedroom Home - Priced for Buyers Comfortable With Cosmetic UpdatesThis 2,278 sq ft home offers an unusually large footprint for the area with six bedrooms and two separate living areas, making it ideal for extended households or buyers needing significant space. Several major improvements are already complete, including a new TPO roof (2024), large-format porcelain tile flooring, updated rear windows, and Mitsubishi mini-split systems in the primary bedroom and rear den. The home is priced to reflect remaining cosmetic updates and finishing work. Buyers looking for a fully turnkey property should expect to renovate, but those willing to complete the updates will gain substantial square footage at a price point that is difficult to find in Albuquerque.
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.
Well-maintained, fully occupied triplex in prime location near Kirtland AFB, UNM, and Nob Hill. One 2/1 unit with 1-car garage + two 1/1 units. Separate gas and electric meters, laundry hookups in each unit, evaporative cooling, gas central forced air. Onsite & street parking. Strong rental history with minimal vacancy--easy to rent. Opportunity for owner-occupier or investor. The tri-plex next door, 4021 Thaxton SE, is also for sale. Buy one or both properties!
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
Excellent opportunity to own commercial condos in a well-established strip mall near the heart of Albuquerque! These versatile unit offers ideal spaces for retail, office, or professional use. Featuring great visibility, ample parking, and convenient access to major roads, this property is perfect for owner-users or investors seeking steady income potential. A strong location surrounded by established businesses and residential neighborhoods makes this a prime investment in a growing area. Call listing agent for more information.
Excellent opportunity to own commercial condos in a well-established strip mall near the heart of Albuquerque! These versatile unit offers ideal spaces for retail, office, or professional use. Featuring great visibility, ample parking, and convenient access to major roads, this property is perfect for owner-users or investors seeking steady income potential. A strong location surrounded by established businesses and residential neighborhoods makes this a prime investment in a growing area. Call listing agent for more information. Seller is going to be replacing the roof to TPO, brand new HVAC, brand new water heater and will be replacing the flooring.
Rare city lot in the heart of historic Nob Hill to build your dream home. Close to shopping, restaurants, UNM and hospitals. All utilities on the property except gas which is in the street. Curb cut and sidewalks in place.Sellers will consider Owner Financing with 20% down payment.
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
CORE AssetMeasures of investment performance at the ask price of $5,317,173 and current average rents of $914 a month are a GRM of 9.69, a 6.63% cap rate, $106,343 per unit, $163/sf, and an after tax internal rate of return is 16.8%And Value AddThe property is currently 20.3% below market rents at the adjoining, siter property 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 $1,338, the metrics of investment performance improve to a cap rate of 11.51% and a cash on cash of 19.20%.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 betw
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.
Busy Automotive Shop in the NE heights. This business has been established for 20 years. They have a very good reputation with the public, and have very good reviews. This is in the San Pedro business corridor, and the emerging community.There is plenty of parking for vehicles in the back of the property, that is a gated locked parking lot. The Owner will consider ''owner financing'' with 10 % down!!
Nice Property, WITH POTENTIAL FOR MANY USES perfect for your clients looking into home office or live in and work situation. it was used as an office at one time but now is used as residential.MXL Legally Non Conforming Zoning, might be used for either residential or Commercial according to the Zoning and Planning department. Please have your client call them to confirm it. Property is in good condition but seller is selling ''As is'' and willing to do only Lender required repairs.Property is on a Month to Month Lease.
The current owner has prospective plans for 95 Multi-family units on the site, with surface parking. Your development could potentially have more units if you included structured parking or take advantage of the flexible zoning that includes a provision for UC-MS-PT, or Urban Centers, Main Street areas, and Premium Transit areas that allows for an additional density, parking reductions, building concept plans.The property is conveniently located directly in the heart of Albuquerque's most walkable neighborhood, full of restaurants, brew pubs, distilleries and boutique stores.The property is located 2 blocks of the Nob-Hill stop for the Albuquerque Rapid Transit, and has a walk score of 83, transit score of 45, and a ''biker's paradise'' bike score of 92.The asking price is $895
Seller offering $3000 toward buyers closing costs. This solid brick triplex features three 2-bedroom, 1-bath units, all tenant-occupied. There is excellent potential to enhance the property and increase overall value. Ideally located near UNM, Kirtland AFB, hospitals, and shopping, making it highly desirable for renters. Come see it today!
Rare infill lot in at affordable price. Nice level property, ready for you dream home or an Investment . Owner financing available. Drive by and take a look. The adjacent land 408 Rhode Island is also for sale please check mls number 1084561
Daria Derebera
Real Estate Broker in Albuquerque, NM
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