601 Veranda RD NW, Albuquerque, NM 87107
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Listed by LPT Realty
$ 420,000
Est. payment | /mo

6 Beds

4 Baths

2,640 SqFt


Save
$ 420,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,640 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,640 sqft

Price per Sqft $159

Subdivision Monkbridge Add

MLS Listing ID 1110853

Bedrooms 6

Full Baths 3

Three Quarter Bath 1

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $4,241

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Detached

Property Description

Two permitted houses on one lot. One loan, one tax bill, two rent checks. That is the pitch. The back house runs 1,391 square feet with 3 bedrooms and 2 baths. The second is 1,258 square feet, 3 bed and 1.5 bath, for roughly 2,649 square feet of rentable space. Both were built in 1940 and both are on record as legal dwellings, so the second unit is not a zoning argument waiting to happen at appraisal. Price reflects it an opportunity waiting for that savvy investor. What you are buying is a corrected rent roll, not a turnkey product. One side carries a tenant, so the numbers start working while the other side gets its rehab. North Valley, 87107, close to Fourth Street and a quick shot to I-40 and Old Town. Bring a contractor, run your own numbers, and schedule a showing.

Location

State NM

County Bernalillo

Area 101 - Near North Valley

Interior

Interior Features Main Level Primary

Heating Natural Gas

Cooling Evaporative Cooling

Flooring Carpet, Laminate, Tile

Fireplace No

Laundry Other

Exterior

Exterior Feature None

Garage Spaces 1.0

Garage Description 1.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Flat

Private Pool No

Building

Faces East

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Resale

Schools

Elementary Schools La Luz

Middle Schools Garfield

High Schools Valley

Others

Tax ID 101406025121431102

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

Jeremiah Collins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 710-5478

redbooth@gmail.com

150 Washington Ave Suite 201, Santa Fe, NM 87501, USA

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601 Veranda RD NW