Albuquerque NM Real Estate & Homes for Sale

Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.

Well maintained property in NE Heights. 4-plex with two bedroom, one full bath units. Laundry facility on-site. Please do not disturb tenants.

Check Out This Newly Renovated Home! Dreaming of a fresh start? This home is like a brand new adventure waiting for you! With a shiny TPO roof, you won't have to worry about leaks during those rainy days. And on hot or cold days? The new heating and cooling will make sure you're always comfy! Love spending time outside? The big yard is perfect for fun and games. It is a blank canvas for you to create your masterpiece, and there's even backyard access! Inside, the newly renovated home with an open floorplan is perfect for gatherings or just enjoying a nice relaxing evening. The cool grey and blue colors will make you feel like you're in a modern dream. Come see it today!

This gem of a property is the affordable home you've been waiting for. Located in the NE Heights, this lovely home has only been owned by one family since it was built. Newer carpet, new paint, and a newer water heater (Aug 2022). A cozy interior gives you the space you need while still having access to a great backyard. 3 bedrooms, en-suite bathroom with shower for the primary bedroom, a full bath with tub for the remaining rooms. The converted garage gives you even more space for an office, rec room, or just about whatever else you can dream up. Xeriscaped to minimize water consumption and ease of maintenance. Make an appointment to see this property today!