Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two-bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups--no deferred maintenance required. One unit is currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 6
Interior Features
- Skylights
- Flooring: Carpet, Concrete
- Window Features: Skylights
Appliances
- FreeStandingElectricRange
- Refrigerator
- Laundry Features: WasherHookup
Heating and Cooling
- Cooling Features: EvaporativeCooling
- Heating Features: Central, ForcedAir
- Heating: Yes
Land Info
- Lot Dimensions Source: PublicRecords
- Lot Size Acres: 0.19
- Lot Size Source: PublicRecords
- Lot Size Square Feet: 8276
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 5
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 2
- Bedrooms in Unit-4: 2
- Bedrooms in Unit-5: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 2
- Total Bathrooms in Unit-5: 1
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 1
- Full Bathrooms in Unit-4: 2
- Full Bathrooms in Unit-5: 1
- Unit 3 Total Actual Rent: 1000
- Unit 4 Total Actual Rent: 1200
- Unit 5 Total Actual Rent: 1250
Rental Info
- Tenant Pays: Electricity, Water
Other Property Info
- Annual Tax Amount: 8409
- Source Listing Status: Active
- County: Bernalillo
- Directions: From Central and Washington go south on Washington past Silver to Mesa Grande then west to Graceland. Property is on the NE corner of Mesa Grande and Graceland.
- Source Property Type: ResidentialIncome
- Area: 42 - UNM South
- Source Neighborhood: Grande Add
- Owner Pays: TrashCollection
- Parcel Number: 101705721914732905
- Postal City: Albuquerque
- Postal Code Plus 4: 2778
- Subdivision: Grande Add
- Zoning Description: R-1A*
- Property Subtype: Apartment
Building and Construction
- Total Square Feet Living: 3335
- Year Built: 1962
- Building Area Total: 3335
- Construction Materials: Frame
- Levels: One
- Property Age: 64
- Property Condition: Resale
- Levels or Stories: 1
Utilities
- ElectricityConnected
- SewerConnected
- WaterConnected
