301 Graceland Drive SE, Albuquerque, NM 87108
- $695,000
- 9
- BD
- 5
- BA
- 3,335
- SqFt
- List Price
- $695,000
- Status
- ACTIVE
- Days on Market
- 34
- MLS#
- 1109351
- Subtype
- Residential Income
- Year Built
- 1962
- Bedrooms
- 9
- Bathrooms
- 5
- Living Area
- 3,335
- Lot Size
- 8,276
- Acres
- 0.19
- Subdivision
- Grande Add
- Neighborhood
- Grande Add
- MLS Area Major
- UNM South
Property Description
Huge Price Improvement!!! Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four two bedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required. Three units are currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hill neighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long-term appreciation.
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Additional Information
- Interior Features
- Skylights
- Taxes
- $5,500
- Zoning
- MX-T*
- Flooring
- Carpet, Concrete
- Appliances
- Free-Standing Electric Range, Refrigerator
- Heating
- Central, Forced Air
- Air Conditioning
- Evaporative Cooling
- Stories
- 1
- Levels
- One
Mortgage Calculator
Listing courtesy of Julie Turner from Realty One Group Concierge
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.