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Listed by Keller Williams Realty
$760,000
Est. payment /mo
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home, Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1109677
HOA Y/N No
Annual Tax Amount $7,713
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions Public Records
Property Sub-Type Other
Property Description
4Plex!! A super rare opportunity in the heart of Albuquerque's Near Heights, desirable neighborhoods, a fully renovated fourplex that's nothing short of spectacular!At its core is the main home in every sense: 3 bedrooms, 2 baths and more than 1,200 square feet of beautifully finished space, opening to a courtyard shaded by a mature tree, wrapped in warm cedar fencing for those Duke City evenings. Three additional units join it on the property, each unit fully renovated top to bottom. Nothing here was left half-finished, no deferred maintenance, no projects waiting, nothing to do, truly a turn the key setup.Two of the units are fully furnished and have been operated successfully as short-term rentals, giving this property a flexibility others do not have. Either continue that concept of STR or change to MTR (mid-term) concept. The travel nurse market is abundant, especially with University of NM Hospital just down the street. Or simply convert the entire property into traditional long-term leases. Here's an idea, live in one of the units and let the other three units help carry the mortgage, or lastly lease all four and let it work entirely on its own! Either way you are minutes from Nob Hill's restaurants and shops, Uptown's retail and offices, and immediate access to I-40, an established tree-lined pocket of the city that puts the whole metro within a short drive and keeps the hospitals, the university and the national labs close at hand. A great opportunity for a 1031 Exchange, a turn-key Income-producing property from the start and genuinely 'move-in' ready. A true home, income handshake and a location like this rarely arrive in one package! See or ask about about our attached PDF Offer Memorandum for many more specific details.
Location
State NM
County Bernalillo
Area 40 - Unm
Interior
Heating Electric, Natural Gas
Cooling Ductless, Evaporative Cooling
Fireplace No
Exterior
Parking Features Assigned
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Total Parking Spaces 6
Building
Story 1
Others
Tax ID 101705834106340311
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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