Description
This home has been a rental for the past 30+ years. Last tenants paid $1,250 / month plus utilities. The home has two separate entrances & could possible be converted into a duplex. Huge benefit of this property is the lot. The property consists of 4 city lots numbered 45, 46, 47 & 48. The home currently sits on lots 45 & 46 per the survey, leaving lots 47 & 48 available for possible development w/ approval from the city. The property offers upside potential for a savvy investor w/ R-ML zoning which provides for a variety of low- to medium-density housing options. The primary land uses are townhouses and small-scale multi-family development, as well as civic & institutional uses to serve the surrounding residential area per the City of ABQ. Come take a look & see what you think.
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3BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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1,168SQFT
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$170$/SQFT
School Ratings & Info
Description
This home has been a rental for the past 30+ years. Last tenants paid $1,250 / month plus utilities. The home has two separate entrances & could possible be converted into a duplex. Huge benefit of this property is the lot. The property consists of 4 city lots numbered 45, 46, 47 & 48. The home currently sits on lots 45 & 46 per the survey, leaving lots 47 & 48 available for possible development w/ approval from the city. The property offers upside potential for a savvy investor w/ R-ML zoning which provides for a variety of low- to medium-density housing options. The primary land uses are townhouses and small-scale multi-family development, as well as civic & institutional uses to serve the surrounding residential area per the City of ABQ. Come take a look & see what you think.
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 Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2022-05-24T00:05:09.463.
Listing courtesy of Berkshire Hathaway Nm Prop. © 2022 Southwest Multiple Listing Service, Inc.