301 Graceland Drive SE

Albuquerque, NM 87108 · Grande Add
$695,000

About this property

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.

Location

Loading the neighborhood…
Want to see this property?
Find it on the interactive map and explore the neighborhood.
Open Map Search →

Details

Price
$695,000
Beds
9
Baths
5
Square feet
3,335
Lot size
0.19 acres
Year built
1962
Type
MultiFamily
Neighborhood
Grande Add
Heating
Central,ForcedAir
Cooling
EvaporativeCooling
MLS #
1109351

Listed by Julie Turner, Realty One Group Concierge · (505) 318-1111. Data from the Southwest MLS, refreshed every 15 minutes.

Similar listings in Albuquerque

3212 Wellesley Court NE
$540,000
3212 Wellesley Court NE
525 Mesilla Street SE 1-6
$525,000
525 Mesilla Street SE 1-6
306 Carlisle Boulevard SE
$570,000
306 Carlisle Boulevard SE
2100 High Street SE
$735,000
2100 High Street SE
1502 Gold Avenue SE
$553,865
1502 Gold Avenue SE
1237 Menaul Boulevard NW
$545,000
1237 Menaul Boulevard NW