Albuquerque NM Real Estate & Homes for Sale

Introducing Hermosa Commons, a stunning turnkey multi-family and commercial building investment portfolio located in the heart ofthe highly desirable Nob Hill neighborhood. As you may know, Albuquerque is in a housing crisis, and thanks to all the new job growth the demand forapartments has skyrocketed. Hermosa is a mixed-use property boasting a total of 22 units (20 studios, 2 - 1 bedrooms, and commercial units, with agross building area of 11,369 sq. ft. Most studio units are 330 sq. ft. with the same floor plans. The property is turn-key with a strong history ofoccupancy and is located in a high-demand rental market. Currently, owner-managed fully remotely with maintenance and video security system.

Beautiful triplex, all 3 apartments have two large bedrooms and 1 bath. Hardwood floors and stackable washer and dryers. Each unit has a detached storage unit and walled front yard areas. All 3 apartments are rented so please write an offer subject to inspections and walk through. Please do not walk the property nor disturb tenants.

Beautifully crafted custom home in the heart of Nob Hill. Lots of owner upgrades including new central a/c and heat. Large kitchen including full size pantry, custom cabinets, high-end appliances and custom granite. Two spa-like bathrooms feature custom floor-to-ceiling tile and custom cabinetry. Updated windows with 2-1/2'' wood blinds throughout. Recent 30yr roof and long-lasting synthetic stucco. Oversized 2car garage with automatic opener plus a convenient circular driveway in front. Side yard access possible for RV. Close to UNM and easy walking distance to restaurants, shopping and nightlife.

Income generating property!! 8.229% CAP RATE. Owner Financing available. Duplex + Mobile Home + multiple mobile home pads all in one, with a Duplex has many updates. Duplex 1 - bedroom, 1.5 bath, walk in closet, 2 fireplaces. Duplex 2 -3 bedroom, 2 bath. Owned mobile home on pad & 4 other pad lease opportunities available. Call for more details.

Wonderfully remodeled east Nob Hill Bungalow ready for you! Light and bright with a recently opend up floorplan just take a look at the kitchen with everything replaced! Lovely wood floors greet you as you enter the living area with a wood burning fireplace for those romantic evenings. Three large bedrooms down the hall with a full bath. the primary bedroom is separate creating privacy. What a large backyard too, with a large patio and backyard access. What a wonderful place to call home!

Welcome to this beautiful 5 bedroom NE Home! This versatile floor plan is great for all! Offering 2 living spaces, a huge primary suite, and an updated kitchen with stainless steel appliances. The home has been updated recently with New Tile flooring, new light fixtures throughout the home, and a front security gate. Some other recent updates include newer vinyl windows, TPO Roof, and remodeled bathrooms. And that is not all! This home also has backyard access, a two car carport, and refrigerated air to keep you cool in the summer! Topping it all off with a stunner 16x16 workshop and two sheds that provide a ton of storage/work space! $2500 Buyer Credit Offered for back room flooring or Rate buy down.

Great investment opportunity, live in one and rent the other one out! A long list of updates including a new roof in 2020, New main sewer line, new water heaters, new swamp coolers, new wall heaters, new light fixtures, and new appliances in both units. Updated wiring, new electrical and gas meters. This would make a great investment property since everything has been updated. This duplex has been well maintained with vents, doors and stucco being sealed, insulation was added to help with utilities. On site washer and dryer for tenants. A nice private courtyard to enjoy and relax, 2 homes for the price of one and ready to go! Solar Panels for each unit for lower electric bills. Schedule your showing today!

Corner lot duplex - Featuring 2 bedroom and 1 bathroom units. Unit A has an attached one car garage and has been remodeled boasting modern finishes. The property's layout and features, make it an attractive option for an owner-occupants seeking rental income. Don't miss this opportunity to own a turnkey property with potential for increased value and rents.

NM Apartment Advisors is excited to offer this once in a decade opportunity to acquire a large portfolio of single family investments spread across Albuquerque, New Mexico.The sellers are offering financing to qualified investors (*) with 21.5% down payment, 78.5% loan to value, 4.85% interest rate, 30 year amortization and a 6 year call. (*subject to sellers review of buyers credit report, financial statement, deal resume, and tax returns).If you have a client who would like a tax deferral strategy - this might be their deal as this could be their last 1031 exchange into this portfolio, wait a couple of years and then sell off one house year (paying the tax) to ease through the tax consequences and cash out.Additionally, the portfolio is priced 23% below comps.

Charming and unique 3 or 4 bedroom/1.75 bath home located in desirable Ridgecrest neighborhood close to shopping, schools, hospitals, and Nob Hill. Properties in the area are being rejuvenated. Amenities include den with wood burning FP, custom flagstone floors in living/ dining room with built in bookcases, cabinets, and a wood beamed sloped ceiling., There is a galley kitchen with breakfast bar pass through. with countertops for eating. on. There is a front arched entry with adobe wall and rear patio with brick floors. Included is a large walled and fenced rear yard that has a lava rock water feature with waterfall and two goldfish ponds. Newer stainless-steel refrigerator and washer/dryer included in sale.

Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1149, 1149, and $1099 a month with one vacant currently listed for rent. Property has a 8-10% cap rate. Tenants are seasoned and pay all utilities except water, sewer, and trash. NO HOA. The Property: FOUR Freshly painted 2 bedrooms, 1 baths with a lot of money put in!! Includes all the appliances. EACH comes with its OWN BACKYARD, washer/dryer hookups, and designated parking. Brand new roof, newer furnaces and hot-water heaters. The Area: You won't believe the area as it's right next to Nob Hill, EXPO New Mexico State Fair grounds and The Downs Casino, Albuquerque International Airport, and in fact, it is only a 5 minute drive to University of New Mexico!

Vacant units, completely updated over the last 3 years from with new stucco, Metal Roof, Windows, Paint, Security Bars, Refrigerated A/C, Windows, Water Heater and Appliances. All Tile flooring. Proforma Cap Rate from 6.0%. REC Considered at 50% down. Amazing and rare opportunity to invest in Albuquerque with a tenant ready 4 Plex. Contact Broker or Your Buyer Broker for Showings. Finance/Cash approved showings only. ''Exceptional income property opportunity! This well-maintained 4-plex boasts a prime location, offering a combination of modern amenities and classic charm. Each unit features spacious layouts, updated kitchens, and comfortable living spaces. With a strong rental history, this property promises a steady income stream. Take advantage of the thriving rental market.

This rare 2 bedroom 2 bathroom condo in the Moana Community is ready for its new owners. With one of the only units with its own washer and dryer hookups, you'll have everything you need to call this one home. Enjoy this open floor plan with your very own cozy fireplace for the winter to relax and entertain. Easy access to freeway, restaurants, and shopping. Don't wait to call this one yours!

Unlock the potential of this income-generating property with the option of seller financing! This listing features five mobile home units all currently rented. The MX-H zoning further enhances the property's appeal, opening doors for diverse development possibilities. Completely gated property. Separate gas meters for 3 units, electric meters and sewer lines and water lines have all been done in the past 5 years.

Experience convenience and charm of the desirable Ridgecrest area. This one-story dream home offers an abundance of space with 5 bedrooms and 3 newly remodeled bathrooms. Relax or entertain in the expansive great room next to the fire place. Updated flooring, fresh paint, modern fixtures and newly added ceiling fans and granite counter tops are just a few of the indoor perks. Outdoors, the backyard boasts a full sprinkler system and an open patio area with a newly stained deck and possible street access for your vehicles or toys. Homes like this don't come along everyday, this hidden gem won't last long.

The property contains a large two bedroom home, 5 two bedroom units, 5 one bedroom units and a studio apartment all in a private courtyard setting facing each other. Current rents are 30% below market.Measures of investment performance with an average rent of $738 and an ask price of $875,997 include $73,000 per unit , $116.80/sf, 6.76% cap rate, and an after tax IRR of 11.2%.If rents are moved closer to the market average of $975, the measures of investment performance improve to a 10.14% cap rate.Recent comparable sales indicate a value of $1,184,884 and the owner has priced these deals under market comparable sales to ensure an expedited closing.

A total of 53 units in 15 buildings in 9 concentration, all within 9 x 9 block area.Area amenities include Ta-Lin International market, Expo! NM, The NM State Fair, and the constructed International District Library.The portfolio straddles historic Route 66, home to the Albuquerque Rapid Transit corridor which offers quick connections to the Uptown retail district, Nob Hill, UNM/CNM Area as well as downtown, Kirtland Air Force Base and Sandia National Laboratories.The sellers are offering financing to qualified investors (*) with 21.5% down payment, 78.5% loan to value, 4.85% interest rate, 30 year amortization and a 6 year call. (*subject to sellers review of buyers credit report, financial statement, deal resume, and tax returns).Same owner has Single family portfolio FS

Welcome to this beautiful 3 BDR, 2 BA +bonus RM, updated home near Kirkland AFB as well as Sandia National Labs. It features an open kitchen with all stainless appliances, a bar seating area and plenty of cabinet storage space .Easy access to the back patio for outdoor barbequing and dining with a nice view. The large dining room area opens up into the spacious living room for entertaining. It also has a large second living area with a fireplace and a separate office. The Master suite has plenty of space which includes the Master a remodeled shower and 3 closets. The home sits on nearly a half an acre with a full-sized tennis court, large covered RV parking in the back and trailer parking in the front. 2 car garage features a bonus hobby or storage RM

A hidden gem & one-of-a-kind property in Albuquerque's desirable Ridgecrest area.A true palace set on a generous lot with mountain views, lush yard with a flowing waterfall pond and mature trees. This home is awash in luxury and opulence. Starting with a grand entryway, terrazzo floors and hand painted 14K gold accents. The living room is expansive, with raised-panel Honduras mahogany built-ins and a fireplace. The formal dining room is equally impressive, with a striking chandelier and designer fabric wall coverings. The kitchen is a chef's dream, with loads of mahogany, finished maple cabinets, shimmering countertops, brand new SS appliances and a breakfast nook with beveled glass windows to show the views. The primary suite is fit for a king or queen.

Price Reduced! Great investment opportunity, live in one and rent the other one out! Nob Hill Living! Close to UNM, Restaurants, and Shopping. Two homes on one property, live in one and rent out the other.Rare find in Albuquerque! Unit A front home- One story, 2/3 Bedroom 1018 Sqft. TPO roof in 2014 New Stucco, 2014. Master Cool. Unit B 2038sqft, 2bdrm, 3 bath, Built in 2014, TPO roof, Contemporary design, top of the line Wolf and Subzero Appliances, Granite, Stained Concrete flooring on main level, white oak wood flooring, Anderson wood windows, custom carved wood interior doors throughout. 2 Ref air units, 2 car detached garage.

Seller owns 220 (a,b,c,d)Solano directly south of property. It is a four-plex and could be sold with this duplex as a package deal. Great investment opportunity, live in one and rent all of the others out. Nob Hill Living! Close to UNM, Restaurants, and Shopping. Rare find in Albuquerque! Unit A front home- One story, 2/3 Bedroom 1018 Sqft. TPO roof in 2014 New Stucco, 2014. Master Cool. Unit B 2038sqft, 2bdrm, 3 bath, Built in 2014, TPO roof, Contemporary design, top of the line Wolf and Subzero Appliances, Granite, Stained Concrete flooring on main level, white oak wood flooring, Anderson wood windows, custom carved wood interior doors throughout. 2 Ref air units, 2 car detached garage.

Welcome to 1100 Alvarado Dr. SE Apt 104 - your condo awaits! Nestled in the heart of Albuquerque this beautiful 2-bedroom, 1 bathroom corner condo offers comfort, style and location. Enjoy the convenience of city living close to a multitude of restaurants, shopping centers and more. Step inside to find a spacious open floor plan with Modern kitchen has been upgraded with stainless steel appliances, with this condo you will also enjoy of the benefits of a dedicated parking spot, in unit Ku laundry facilities Don't miss your chance to come and see it. It won't last long.

Three spacious & unique units - two 2 bed / 1 bath apartments and one 1 bed / 1 bath apartment. Residents enjoy distinct floor plans with rooms big enough for multi-purpose functionality. All three units are updated and properly restored with solid surface flooring - hardwood, tile, and luxury vinyl plank), classic built-ins, new fixtures, and newer appliances.Apartments also feature unique amenities: 4011 and 4011A have extra large yard spaces. 4009 and 4011 both have awesome covered porches. All units offer washer / dryers in the unit or washer /dryer hookups, multi-functional / spacious floor plans, and large kitchens. Each residence also comes with quality off street parking right next to front door entries. Exceptional south UNM / Ridgecrest area

a core asset in a beloved Nob Hill neighborhood. Well-built and well maintained - each apartment at 201 Manzano and 202 Quincy NE offers a unique floor plan with amazing vintage and classic touches. Units come with carports/garages, refrigerated air and forced central heating, private off-street parking, bonus storage, on-site laundry, and lots of unique extras. Some units have private yards as well. Quality bones, well-made vintage finishes, solid and modern mechanical systems - a buyer with vision can reap the benefits of easy cosmetic updating and modernization to push rents in alliance with the improving east Nob Hill submarket. These back to back communities, separated only by a public alley are within close proximity to mass transit and extra space would be ideal for any owner.

Zia at Nob-Hill's current ownership is on a runway towards achieving a 8.15% cap rate with individual unit renovations and higher rents.The owner has done all of the non-sexy capital items including upgrading landscaping (2019), improved the parking lot (2020), installed new gas-lines (2019), a new roof (2019) and a security gate for parking. As units turn-over, the owner has developed a unit upgrade plan allowing them to capture higher rents. This combination makes the property a value add with the potential to renovate units and raise rents to a level closer to the neighboring property creating a potential cap rate of a 8.15%.Property amenities included high speed internet and laundry care facilities. This is a core asset with stabilized cash flows that could also be