In the heart of the University of New Mexico you can be steps from Campus or a quick commute to just about anywhere in Albuquerque. Occupy one and Rent one of the 2 units for up to $2,000 and offset your payment while gaining equity in an incredible investment property. You can also purchase as an investment for a gross income of $45,000. Folks This one is a winner.
This is a rare opportunity to own a well-maintained triplex in one of Albuquerque's most sought-after rental areas. Perfect for both new and seasoned investors looking to capitalize on the high-demand rental market near UNM. It has an impressive rental history and less than 3% vacancy rate over the last six years which is an excellent indicator of stability and continued profitability. At the ask price of $560,000, the GRM is 11.18 and the cap rate is 6.53%. Each home is a freestanding building with no shared walls. Each is equipped with a private yard, a washer and dryer, newer double paned windows, and assigned parking. Mainline sewer replaced in 2023. New roof on back unit (12/24) and ne
Location Location! 6 units! 2 buildings across from UNM in historic Silver Hill neighborhood, always rented with fantastic income! FOUR PLEX + DUPLEX! 121 Terrace - 1 bed 1 bath units. appx 500SF/ea Original built in cabinets, drawers and shelving in each unit. 2 storage units. Evaporative coolers/wall furnaces. Individual gas and electric meters. 117/119 Terrace large 1bed 1 bath units with screened porches and basements! Appx 800+SF/ea Hardwood floors, dining room, large bedrooms. Basements on each unit for added storage. Evaporative coolers and floor furnaces. Individual gas and electric meters. There is room for some minor updating for increased rental value. Amazing location for stude
Well kept triplex in great Northeast rental areaDo not disturb the tenants. Property shown with accepted purchase agreement. Property must sell and close with 2128 Coal SE All Air Conditioners were replaced in the past two years.
Well Kept four-plex Near UNM and CNMDo not disturb the tenants. Property shown with accepted purchase agreement. Property must sell and close with 2130 Coal SE Roof was replaced in 2023.All the AC units are in good condition. Property has large three bedroom Owners unit.
Welcome to 205 Harvard St, a Fully Occupied Income-Producing Duplex offering an exceptional investment opportunity. Located in the heart of Nob Hill, one of Albuquerque's most desirable neighborhoods. With-in walking distance from the University of New Mexico (UNM) & CNM, this property offers a prime investment opportunity with consistent rental demand. Each unit features functional layouts and comfortable living spaces, appealing to Students, Travel Nurses & many professionals alike. Residents enjoy walking distance to Nob Hill's vibrant restaurants, shops, and everyday necessities, plus easy access to Freeways and public transportation. With a proven rental history and unbeatab
* Do not disturb tenant in Back Unit * Excellent location just a few blocks to UNM, this property consists of a main house with 3 bedrooms & 2 baths. The casita is a 1 bed 1 bath unit and is separate from the main house. Main house features hardwood & laminate floors, a nice size kitchen, and more. Live in one part and rent out the other if you choose, or rent both and have an income property in a high demand location.
Discover a fantastic investment opportunity with this great triplex, ideally situated just two blocks from UNM and Presbyterian Hospital. This property has been thoughtfully updated and boasts good tenants, ensuring high occupancy and solid returns. With its prime location, it's incredibly easy to rent and manage, making it a hassle-free addition to your portfolio. Don't miss out on this well-maintained triplex that promises both convenience and profitability!
Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add. Measures of investment performance at ask price of $532,190 and current average rent of $1,255 are a GRM of 12.14, a 5.89% cap rate, $177,397 per unit, 286/sf and an after tax IRR of 13.8%. Properties like this, in a market where amazing job growth from all of the new Netflix, Faceb