$675,000

About This Property

Live in one and rent the other three or have multigenerational living! An opportunity for owner-occupied multi-unit living in Albuquerque's desirable UNM North neighborhood near Nob Hill. This charming, updated 1950s 4-plex offers a vacant 2-bedroom residence ready for its new owner, plus three additional units with long-term tenants providing rental income potential. Originally two duplexes on separate lots, now replated as one property, the four residences include two 1-bedroom and two 2-bedroom units. Each offers original oak hardwood floors, granite countertops, refrigerated air, tankless water heater, individually metered gas & electric, and its own washer & dryer. Every residence enjoys a private backyard and garage, plus additional off-street parking with two double carports and gated alley access. At the center of the property, an enchanting, tree-shaded courtyard with lush grass and inviting seating areas creates a peaceful gathering place and wonderful sense of community while preserving each residence's privacy. Enjoy living near UNM, Nob Hill, Uptown, shopping, restaurants, and public transportation. With four units, this property may qualify for FHA or conventional owner-occupied financing, subject to lender and property requirements. A unique opportunity to enjoy the character of an established Albuquerque neighborhood while building equity through real estate! Address is both 204 & 206 Monroe St NE

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Property Details