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1424 Arenal Road SW

Albuquerque, NM 87105
  • $279,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 1017410
UPDATED: 55 min ago
$279,000
  • 2
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,838
    SQFT
  • $152
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Great investment opportunity in the South Valley! Seller has updated both units with mini-split systems. Seller also hired an architect to design plans to build 14 units on this lot. There is an irrigation well on the property. The larger house has a lease that is up 7/31/22 and will go month to month after. The small house is on a lease that is month to month. Potential for new owner to live in one unit while earning passive income on the second unit.

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IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Shear Team | Realty ONE Group Concierge. Data last updated: 2022-07-03T00:05:10.
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1424 Arenal Road SW Albuquerque, NM 87105

  • Price: $279,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 55 min ago
  • MLS #: 1017410
2
Beds
0
Baths
0
½ Baths
0.84
Acres
1,838
SQFT
$152
$/SQFT
1940
Built
Neighborhood:
90 - Near South Valley
County:
Bernalillo
Area:
90 - Near South Valley
Property Description
Great investment opportunity in the South Valley! Seller has updated both units with mini-split systems. Seller also hired an architect to design plans to build 14 units on this lot. There is an irrigation well on the property. The larger house has a lease that is up 7/31/22 and will go month to month after. The small house is on a lease that is month to month. Potential for new owner to live in one unit while earning passive income on the second unit.
Exterior Features

Construction Materials Frame Irrigation Source Well Levels One

Interior Features

Appliances DishwasherFree-Standing Gas Range Basement YN No Bathrooms Total Integer 2 Cooling Evaporative CoolingRefrigerated Cooling YN Yes Electric None Fireplace Features Option Flooring CarpetLaminateTile Heating Ductless Laundry Features Washer HookupDryer HookupElectric Dryer Hookup

Property Features

Builder Name Unknown Building Area Total 1838 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Resale Structure Type House Tax Annual Amount 2927.56 Tenant Pays ElectricityGas Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description Sd-Ivc

Southwest MLS] logo Listing courtesy of Simply Real Estate. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Shear Team | Realty ONE Group Concierge. Data last updated: 2022-07-03T00:05:10.
 
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The Shear Team | Realty ONE Group Concierge
100 Sun Ave., NE. Suite 150
Albuquerque NM, 87109