87112, NM homes for sale & real estate

87112, NM Homes for Sale

Welcome to this cozy and inviting home located in the Northeast Heights of Albuquerque. Situated on an oversized corner lot, this property offers plenty of space and privacy. The home features three spacious bedrooms and two well-appointed bathrooms, perfect for comfortable living. Enjoy the convenience of a one-car finished garage, providing secure parking and extra storage space. The front yard is landscaped with mature shade trees, offering a relaxing atmosphere. In the backyard, you'll find a large shed equipped with power, offering the flexibility to serve as a workshop, additional storage, or even a garage space for your projects or hobbies. Don't miss out on the opportunity to make t

87112, NM Homes for Sale

The property contains four, large one-story courtyard style apartment homes with unique, very private backyards and patio spaces. Each apartment is also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the east, 12120 Candelaria NE which will be available for sale at $750,000, after 12100 Candelaria NE closes. The owner is willing to make both available to an investor who is looking for 8 units. Measures of investment performance at ask price of $650,000 and average rents of $1,125 are a GRM of 12.04, a 6.19% cap rate, $162,500 per unit. Assuming a new loan with a 25% down payment, an interest ra

87112, NM Homes for Sale

Presenting a prime investment opportunity in the desirable NE Heights of Albuquerque: 8 meticulously maintained units now available for sale. The current owner has made many recent improvements, enhancing both quality and condition, thereby positioning these properties to outperform neighboring competition. With the potential for rent increases, these units attract a reliable tenant pool for strong occupancy rates. This offering can also be part of a larger investment, potentially totaling 16 units with the addition of properties at 11009-11013 Towner Ave NE.

87112, NM Homes for Sale

Introducing an exceptional investment opportunity in the highly sought-after NE Heights of Albuquerque: a well-maintained portfolio of 8 units poised for acquisition. The current owner has demonstrated meticulous attention to detail, reflected in a comprehensive list of recent improvements that have significantly enhanced both the aesthetic appeal and functional integrity of these properties. These units showcase superior quality and condition but also offer a strong potential for rent increases, as they distinctly outperform neighboring competition. Savvy investors will appreciate the inherent value in these properties, which are strategically located to attract a reliable tenant pool and