$174,000
$8/sqftactive4200 Montgomery Boulevard NE 315, Albuquerque, NM 87109
Beds
3
Baths
2
Sqft
23,100
Lot
2.98 ac
Built
1978
Type
condo
About This Property
Exceptional investment opportunity near UNM! This versatile property features two separate units, creating the perfect setup for an owner-occupant, investor, or anyone looking to offset their mortgage with rental income. Live in one unit and rent the other, lease both for long-term income, or explore short-term rental opportunities where permitted.The property offers excellent income potential, with estimated rents of approximately $1,500 per month for the larger unit and $800 per month for the second unit. An added bonus is the absence of a gas bill, helping keep operating expenses low and improving overall cash flow.Recent improvements include new windows that provide excellent sound insulation, increased energy efficiency, and enhanced comfort throughout the property.
Features & Amenities
Property Details
| MLS # | 1105552 |
| Property Type | condo |
| Year Built | 1978 |
| Heating | Combination |
| Cooling | Refrigerated |
| Lot Size | 2.98 acres (129,852 sqft) |
| HOA | $604/mo |
| Property Tax (est.) | $45,951/yr ($3,829/mo) |
| Price / Sqft | $8 |
| Status | Active |
| Days on Market | 0 |
About Uptown / Journal Center → Full Guide
Price vs. Neighborhood
This home
Uptown / Journal Center median
50% below the Uptown / Journal Center median. Homes here sell in an average of 32 days.
Nearby Schools
Zia Elementary
K-5 · APS
Eisenhower Middle School
6-8 · APS
Sandia High School
9-12 · APS
Neighborhood Guide
Explore Uptown / Journal Center
Urban Convenient
Listing courtesy of Helix Real Estate Group. © 2026 Southwest Multiple Listing Service, Inc. All rights reserved. Listing data provided by SWMLS IDX. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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