Amazing opportunity for a ready made investment property! Fully remodeled floor unit, new appliances and new washer/dryer combo. Unit has a tenant with a year lease good through 8/31/2025 and will convey. Rent is $1250/month. DO NOT DISTURB TENANT. Viewing only with accepted offer during inspection period.Contact LB for all questions.HOA covers common areas, outdoor maintenance, pest control, covered gated parking, and pool. HOA also pays gas and water.
GORGEOUS AND CLASSIC CHARMER! Come be amazed by this 3-bedroom, 1-bath home in Southeast Albuquerque, where classic design meets modern comfort. Nestled near San Mateo and Gibson, you'll enjoy easy access to shopping, schools, eats and drinks! Step inside to be greeted by a cozy living room with beautiful wood floors and abundant natural light, creating a warm and inviting atmosphere. The stunning kitchen boasts all-white cabinetry, stylish countertops and eye-catching backsplash, plus a bonus peaceful backyard view from your kitchen window. With well-maintained spaces, great location, a spacious fenced backyard including a lovely shade tree, this move-in-ready gem is the perfect place to call home. Call today!
Bonus - A studio apt.and large garage in back. This house has been Fully RENOVATED - all new roof, heater, fixtures carpet tile paint...it is like a new home X-large garage with a Casita suite in back for possible rental income. storage shed- lots of potential!
Affordable one bedroom condo close to Kirtland AFB, Sandia Labs, the Albuquerque Sunport and the interstate. Fresh paint, recent flooring, dishwasher, blinds and lighting fixtures round out this wonderful living space. Loads of greenery with common areas of grass and trees. Uploaded in the MLS you'll find a drawing of the approximate layout. Nice sized balcony off the bedroom with a large view of the western sky. Imagine the sunsets you'll see. Common HVAC for the building services each unit individually. One parking space in the gated area marked by 310 (at the southeast end of the parking lot). Might qualify for conventional financing.
Come and see this Lovely brick home in East Albuquerque. This charming home offers 3 spacious bedrooms with a large 20X18 bonus area that can be utilized as a 4th bedroom, a family room, a home-based business, or a hobby room. This area includes a large closet, a gas fireplace and a separate entrance if needed. The property has been well maintained recent updates include a front door and interior doors, no carpet, updates to the bathrooms include new toilets, shower door and vanities. Kitchen has updated backsplash, counters, and painted cabinets. The dining room is perfect for entertaining, and the spacious laundry room provides ample storage space. 2 coolers help keep the home cool in the summer season. Situated on a huge corner lot, this home also features possible
Corner Historical Suite Condos now available! Suites D & E, situated at the Southwest corner of the historic Cal-Linn Business Condo Development formally the Historic Microsoft headquarters where Bill Gates and Paul Allen started it all! These condos are the perfect opportunity to own your own storefront for retail or office use! The suites are separated by a locking door and each have their own half bathroom. The units are equipped with mini-splits for a/c and heat and abundant parking. Give us a call to tour this fantastic property today!
Presenting 1132 Palomas SE, a prime investment opportunity you won't want to miss! This well-priced 10-unit property offers a great mix of 2-bedroom, 1-bathroom units, each featuring in-unit washer and dryer hookups. Most of the units have been thoughtfully updated, enhancing their appeal and ensuring tenant satisfaction.With an impressive in-place 7% cap rate and a current 6% cash-on-cash return, this property is already delivering strong financial performance. However, there's significant potential for even more upside. The property is well-positioned for rent growth, with the possibility to increase revenue through strategic updates and enhancements. Whether you're looking to make targeted improvements or capitalize on the area's rising demand, 1132 Palomas SE offers great value-add.
Well maintained 8-unit property in the Southeast neighborhood of Albuquerque. This complex, originally constructed in 1971, has a track record of consistent occupancy and hassle-free management, making it an ideal investment opportunity. The property is priced at an in-place cap rate of 7%, which accounts for a 40% expense ratio including management costs. Each of the eight units is separately metered for gas and electric. Water is master metered. All utilities are currently paid by the landlord. Recent upgrades include a roof replacement in 2020 and new exterior paint in 2023. Additionally, ceramic tile flooring has been installed in the living rooms, kitchens, and bathrooms, offering durability and easy maintenance. Additional income can be generated by upgrading the on-site laundry rooms and storage units. Don't miss the opportunity to own a well-maintained, income generating property with a proven track record of success. 630-632 Alcazar St SE is poised to provide both steady returns and long-term appreciation.
The 158-acre Old Tobacco Farm is located in the very northern part of Albuquerque’s Valley Farms area. A multi-year planning and re-zoning process has resulted in a Bernalillo County-approved Sector Plan for the property that allows for 450 residential housing units. Per the Sector Plan, 23 acres must be donated to the County for open space. The property is one of three things depending on the buyers wants and needs; a ready-to-go residential development project, a land bank opportunity, or an ongoing hay farm operation. The location is in the path of development and urbanization as the city of Albuquerque’s density increases in this direction. The County of Bernalillo has heartily endorsed a residential project in this location. Located off Coors Blvd near the intersection with Rio Bravo, adjacent to a new Walmart Supercenter, theatre complex, and senior living facility, the property is unique in its large size and location. The Old Tobacco Farm was once a producing tobacco farm for the smokeless tobacco industry. There were several other agricultural incarnations of the farm before it became what it is today, a highly productive alfalfa hay farm in the heart of the city with an approved Bernalillo County Sector Plan for residential development. This area has a long and storied history because of its proximity to the Rio Grande River. The farm has been in the same family for generations, and this is the first time it has been offered for sale in this configuration. For the right buyer, this property provides the opportunity to develop a significant residential housing project asap or h old the property for future appreciation. This property may be purchased in several different configurations. A separate designated 40 acre parcel. The entire parcel west of the Arenal with county-approved development plan. Purchase 23 acres east of the Arenal separately.
Welcome to your adorable & affordable new home! This charming 3 bedroom, 2 bath gem boasts gorgeous original wood floors & fresh, neutral paint throughout. Enjoy the spacious feel with two living areas & plenty of natural light. The recently updated kitchen features modern finishes and beautiful new fixtures, seamlessly connecting to the dining room and main living area. Both bathrooms have been stylishly updated, & new tile adds a touch of elegance to the kitchen, laundry room, entryway, & primary bedroom. Outside, you'll find a fantastic 500 sq ft bonus building that can be used for an artist studio, office, or ultimate man cave, plus an additional storage shed. Both front and back yards are easy to maintain, giving you more time to enjoy the beautiful home & its great location.
Incredible investment opportunity for this one story 4 unit property. Each unit is 2 bedrooms 1 bath with exceptional but improvable rents. 1 off street parking for each tenant plus on street parking. Current HUD guidelines have rents from $900-1144 for a 2/1. All units separately metered for electric and gas (tenant pays). Owner pays water, sewer, trash. The property is gated with a low maintenance yard. Call for lease information. Avg rent of $837.50 and $93,750 per unit $130.66 per sq/ft. Minimal expenses with current cap rate of 7.5%.
Welcome to this Pueblo-style home in Albuquerque! featuring 1,556 sq ft of living space with 3 bedrooms and 2 baths. This lovely home boasts a brand new TPO roof, new interior doors, and updated plumbing throughout. The kitchen has been thoughtfully redesigned with new cabinets and stylish tile countertops! Situated on a large lot with backyard access, perfect for parking your toys, and includes a one-car detached garage. Photos with landscaping are for marketing purposes only!
Open House:
Sunday, 9/22 12:00-1:00PM
TPO Roof Recent Maintance 2024, Energy Efficent Windows, Refinished Gorgous Hardwood Floors 2024, Freshly painted interior, Remodeled Bathroom 2024, Revitalized Kitchen with Quartz Counter Tops , Tuff Shed for Storage, Full Fenced Back Yard. Fenced Front Yard. Sewer Line 2024, New Water Heater 2019, Back Yard Deck Revitialized, Yard Cleaned and Trees Pruned with a Fresh Coat of Gravel, Heater and Evaporative Cooler Serviced 2024, This Updated Gem is Move in Ready!
Charming property with private courtyard near restaurants and shopping. Automatic gate access and much more. Home features open floor plan with 2 bedrooms and 1 bath with walk in jacuzzi tub. Additional front room would make a great home office/study. Refrigerated air to keep you cool in the summer and fully paid Solar panels for low utility bills. Exterior features include a carport and 2 backyard sheds (1 with finished with electric).
A wealth of charm and modern amenities are to be found in this delightfully renovated territorial-style Nob Hill/Broadmoor bungalow! Inside finds a linear great room anchored at one end by a fireplace with wood-burning stove insert & contemporary-style built-in shelves, and at the other end by a remodeled open kitchen w/ vibrant blue subway tile, glass-front cabinet doors, & stainless-steel appliance package. Three bedrooms, 1 3/4 baths, refinished hardwood floors, ceiling fans & hot water baseboard heating. Separate family room/sunroom w/ barn doors, tiled floors & skylight. Huge backyard w/ brick patio. storage shed, chicken coop and a majestic elm. Owned solar panels offset electrical use. Water heater installed 2024. One car garage. Easy access to UNM via Copper Ave and Campus Blvd.
Light and Bright Mid-Century Modern Nob Hill home with fantastic mountain views. Open floor plan. Hardwood Floors in LR, DR, and both bedrooms. Fireplace in Living room. Updated bathroom with storage cabinet. Newer thermal windows. Hot water baseboard heat with 3 year old Navian tankless boiler. New water line to house in 2021. 4 year old single pad Evap Cooler. Sewer line replaced in yard. New water heater in detached spacious utility room. 1 car garage with 2 off street parking places on deep apron. Large lot with HIGH Privacy Wall in backyard. Mature low water usage landscaping. Golden plum and pecan tree in the front yard. Fig tree, grapes, quince, Fuji apple and dwarf peach trees in backyard.
Come and take a look at this beautifully maintained 2 bedroom 2 bathroom condo! Whether you're a first-time homebuyer or looking to downsize, this condo offers a perfect blend of urban living with modern comfort. Minutes from shopping, entertainment and dining. Don't miss out on the opportunity to make this beautiful space your own!
$15K credit to buyer at closingFantastic fourplex located NE Heights! This well-maintained property features a great unit mix of four 2-bedroom, 1-bathroom units, each offering 750 square feet of comfortable living space. The units have been moderately updated and are fully occupied, making this a solid investment opportunity. The area around the property is thriving, with several new employers and exciting developments nearby. A brand-new library has just been built right around the corner, offering a wonderful amenity for residents. Additionally, the property is within walking distance to La Mesa Elementary School, making it an attractive location for families. With some strategic rent increases and adjustments to utility charges, this property has great potential for enhanced returns
This fully renovated 4-bedroom, 2-bath home offers a great opportunity for you. Situated near Kirtland Air Force Base on a quiet street, it features a spacious kitchen and a fantastic backyard with a storage shed. Recent updates include a brand new tankless water heater, refrigerated air, new stucco, granite countertops, new kitchen cabinets, recessed lighting, new French doors at the back, and luxury vinyl flooring. Come and see this home--make it yours today.
This beautifully renovated 4-plex offers a fantastic investment opportunity! Each unit has been updated with modern finishes and includes a private storage closet, perfect for tenant convenience. The property features ample parking, making it easy for residents and guests. With a solid rental history, this property provides consistent income and is an excellent choice for investors looking to grow their portfolio. Turnkey and ready for tenants, this is a must-see property! All units have the same layout with hookup for washer and dryer. Tasteful finishes and in nice condition. Two/Four are currently occupied. Once unit is renovated, the rent will match the others.
Priced reduced just in time for our OPEN HOUSE Sat 1PM-3PM. Welcome to this charming single-story home, seamlessly blending classic appeal with stunning modern updates. Nestled on a spacious lot, this residence offers both comfort and convenience. Its contemporary enhancements create a stylish and inviting atmosphere, while its close proximity to the hospital and military base adds an extra layer of practicality for those in need of easy access. The thoughtfully designed layout ensures effortless living, making this property a perfect blend of elegance and functionality. Don't miss the opportunity to experience this delightful home that truly has it all. Water heater 2024, updated windows, carpet recently installed, stucco done 2024, heater, Electrical panel upgrade.
Nob Hill Gem! This 4300 SF 1947 1/3 acre lot home with views has been featured in local magazines and newspapers such as American Cottage Gardens and Cover of Southwest Landscaping for its beautiful gardens. A true gardeners paradise. 4 bedrooms 3 bath, workshop, study, game/entertainment room, paid for solar electric, heat, and water. Original hardwood floors. Ready for updates to make it perfection! Close to University, restaurants, brewery's, shopping, sports stadiums, and airport.
Welcome to this beautifully updated home in the highly sought-after Parkland Hills area! This residence features an open floor plan bathed in natural light, thanks to the skylights that create a bright and inviting atmosphere. The recently re-sanded hardwood floors add a touch of elegance, complementing the freshly painted interior.The bathroom has been completely redone with modern finishes, ensuring a spa-like experience. All electrical systems have been updated for your peace of mind, and the home is equipped with solar panels, making it energy-efficient. The sunny office area offers a comfortable workspace year-round.Additional highlights include a 1-year-old roof, a newer water heater, and all appliances convey with the property. Located close to Nob Hill makes for an
Open House:
Sunday, 9/22 8:00-7:00PM
Welcome to a home that exudes comfort and style. The inviting living area sets the tone with a cozy fireplace and a neutral color paint scheme that offers a calming ambiance. The kitchen is a chef's dream with all stainless steel appliances. The primary bedroom is a sanctuary with double closets providing ample storage space. Outside, enjoy a private patio and a spacious, fenced-in backyard, perfect for outdoor activities or just relaxing. The home has been refreshed with new interior paint and partial flooring replacement, adding to its appeal. This home is a blend of practicality and elegance. Don't miss out on this gem!
Amazingly convenient location close to UNM, Uptown, Whole Foods, Nob Hill & more. The house offers great versatility with a huge living room that opens to the even more spacious backyard. Off the alley is a driveway so you can access the large shed which is big enough to be a bike or motorcycle garage. An open patio area and tons of space give you plenty of room to make it your own. Add a garden, dog run or whatever your heart desires. Inside you'll find lovely light, a large laundry room with extra storage, a walk in closet & seating area in the oversized primary bedroom, & two nice-sized secondary bedrooms. The front room - currently used as a dining room - could easily be a second living area. A secure closed in carport on the front of the house can be used for parking or so much more.
The median home value in Albuquerque, NM is $196,800. This is higher than the county median home value of $195,500. The national median home value is $219,700. The average price of homes sold in Albuquerque, NM is $196,800. Approximately 54.3% of Albuquerque homes are owned, compared to 36.55% rented, while 9.16% are vacant. Albuquerque real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albuquerque real estate agent to arrange a tour today!
Albuquerque, New Mexico 87108 has a population of 556,718. Albuquerque 87108 is more family-centric than the surrounding county with 28.4% of the households containing married families with children. The county average for households married with children is 27.86%.
The median household income in Albuquerque, New Mexico 87108 is $49,878. The median household income for the surrounding county is $50,386 compared to the national median of $57,652. The median age of people living in Albuquerque 87108 is 36.2 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 25.1 degrees. The average rainfall is approximately 12.5 inches per year, with 14.2 inches of snow per year.