$225,000

About This Property

Charming single-family home in the heart of Albuquerque's North Downtown district offering an exceptional opportunity for both homeowners and savvy investors. . The property is ideally positioned within walking distance to parks, local restaurants, and retail, and just minutes from Old Town, Downtown, the medical corridor, and Albuquerque's expanding Rail Trail. Enjoy easy access to hundreds of miles of biking and hiking paths, plus close proximity to major employers including Netflix, Meta, Amazon, and Intel, making this location highly desirable.Recent renovations, new sewer and water line. The house is quite tucked in location and lot potentially could support an ADU or Casita or 2nd unit.Comps support $261,232 - and the owner owns 3 units next door, which are in the market for $535,150 - In the event that the two properties sell together, the owner will discount price for all 4 units to $725,000.Please note, seller has a loan on this property at 313 McKnight NW (Units A, B and Main) and they need to sell that property prior to or at the same time as this residence.

Features & Amenities

Property Details