301 Graceland Drive SE, Albuquerque, NM 87108

$695,000
9
BD
5
BA
3,335
SqFt

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List Price
$695,000
MLS#
1109351
Property Type
Multifamily
Bedrooms
9
Bathrooms
5
Sqft. of Residence
3,335
Lot Size
8,276
Region
UNM South
Status
ACTIVE

Property Description

Huge Price Improvement!!! 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. Three units are 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.

Additional Information

County
Bernalillo
Subdivison
Grande Add
Acres
0.19
Interior Features
Skylights
Appliances
Free-Standing Electric Range, Refrigerator
Cooling
Evaporative Cooling
Flooring
Carpet, Concrete
Heating
Central, Forced Air
Owner Pays
Common Area Maintenance, Parking Fee, Sewer, Trash Collection, Water
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning
MX-T*

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Calculator source: Real Geeks

Listing courtesy of Realty One Group Concierge.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.