2706/2710 Granada Road SW

Albuquerque, NM 87105
$199,000

About this property

nvestment opportunity with immediate rental income! Rare chance to acquire two residential properties being sold together for $199,000 at 2706 & 2710 Granada Rd SW. Situated on a .23-acre lot, each property has its own parcel (UPC), electric meter, and sewer connection, with a shared water service.2706 Granada Rd SW features a 2-bedroom, 2-bath single-wide manufactured home (active title), while 2710 Granada Rd SW is a 504 sq ft cinderblock home with 1 bedroom and 1 bathroom.Both properties are tenant occupied through October 31, 2026, with tenants interested in remaining, providing immediate income for the next owner. The homes are currently rented for $900 per month each but market rate would be higher. Investors may choose to renovate and increase rental income or explore replacing the existing manufactured home with a newer model to maximize the property's long-term potential (subject to buyer verification of all requirements).Sold together in as-is condition. Cash offers only.

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Details

Price
$199,000
Beds
3
Baths
3
Square feet
1,500
Lot size
0.23 acres
Year built
1950
Type
Other
Heating
ForcedAir
Cooling
EvaporativeCooling,WindowUnits
MLS #
1108722

Listed by Margaret L Henderson, Momentum Real Estate Group · (505) 515-6500. Data from the Southwest MLS, refreshed every 15 minutes.

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