204 Monroe St Ne, Albuquerque, NM 87108

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List Price
$675,000
MLS#
1112645
Property Type
Multifamily
Lot Size
13,939
Region
UNM
Status
PENDING

Property Description

Rare investment opportunity in Albuquerque's desirable UNM North neighborhood near Nob Hill! This charming, updated 4-plex offers four rental units, including two 1-bedroom and two 2-bedroom residences, with three long-term tenants and one vacant 2-bedroom unit offering flexibility for a traditional rental, potential Airbnb/short-term rental, or owner-occupant. Originally built in 1950 as two duplexes on separate lots, now replatted as one property, this unique multifamily investment combines vintage character with modern conveniences. Each unit features original oak hardwood floors, granite countertops, refrigerated air, tankless water heater, individually metered gas & electric, and its own washer & dryer. Each residence also has a private backyard and garage. Additional parking includes two double carports and gated alley access. A beautiful, tree-shaded central courtyard with grass and seating creates an inviting gathering space and sense of community for residents. Conveniently located near UNM, Nob Hill, Uptown, shopping, restaurants, and public transportation. An exceptional opportunity to acquire an established Albuquerque income property with flexible rental options and additional income potential! Address is both 204 & 206 Monroe St NE

Additional Information

County
Bernalillo
Subdivison
Reservoir Sub
Acres
0.32
Exterior Features
Lighting, Storage
Appliances
Dishwasher, Microwave, Dryer, Gas Range, Refrigerator, Washer
Cooling
Refrigerated
Flooring
Wood, Tile
Heating
Central
Tenant Pays
Electricity, Gas
Roof
Flat
Utilities
Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Zoning
R-MH*

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Calculator source: Real Geeks

Listing courtesy of Jennifer L Wilson from RE/MAX SELECT

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.