Commercial: MLS #1109677 Albuquerque, NM $ 760,000
Commercial: MLS #1109677
$ 760,000
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Commercial: MLS #1109677

Albuquerque, NM, 87110
$ 760,000
Bedrooms-- Baths-- Sq 3,116
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Property for Rent in Albuquerque, NM

for $760,000. This 3,116 square foot property was built on a lot size of 0.15.

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.

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Rental Active

Price

$ 760,000

Taxes

$ 7,713

Style

Lot Size

0.15

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1109677

Features
General
Heating Electric Natural Gas
Cooling Ductless Evaporative Cooling
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Property Subtype Other
County Bernalillo
Property Type Commercial Sale
Status Active
Directions Heading East on I-40 take exit 161 on the right onto San Mateo Blvd NE. Turn right onto San Mateo Blvd NE. Turn right onto Marble Ave NE.
City Albuquerque
Disclosures RANM 2100 Disclosure
Zoning Description R-ML*
MLS Area 40 - UNM
Lot Size Square Feet 6752
Listing Terms Cash Conventional FHA VA Loan
Land Lease Y/N false
Tax Annual Amount 7713.56
Leasable Area 90
Lease Considered Y/N false
Lease Type None
Standard Status Active
Property Sub Type Additional Other
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Parking Features Assigned
Total Parking 6
Building Area Total 3116
Lot Size Acres 0.15
Lot Size Source Public Records
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* Excluded Features
List By
Steven A Grant

Listing Agent

Keller Williams Realty

Broker

steve@grantprop.com

Email

Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/22/2026$760,000 Listed Price

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