BEDS6
BATHS4 full
SQUARE FEET2,640
MLS#1110853
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMonkbridge Add
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.
Property Features
Property Type: Residential - Single Family
Cooling: Evaporative Cooling
Garage: 1
Heating: Natural Gas
Lot Size: 0.16 Acres
Roof Type: Flat
Stories: 1.0
Taxes: $4,241
Year Built: 1940
Amenities
Main Level Primary
None
Feature Descriptions
Flooring: Carpet, Laminate, Tile
Laundry: Other
Parcel#: 101406025121431102
Sewer: Public Sewer
Units: 2
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Window: Single Pane, Thermal Windows
Local Schools
High School: Valley
Middle School: Garfield
Elementary School: La Luz
Listed By / Shown By
Listed By
Agency Name: LPT Realty
Agency Phone: (877) 366-2213
Shown By
Agent Name: Christine Gabaldon
Agent Phone: Cell: (505) 480-4768
Agency Title: Coldwell Banker Legacy
Estimate Your Payment
Estimated Payment
$ 1,410.65 per month $934.74 Principal & Interest $353.42 Property Tax $122.50 Homeowner's InsuranceChange Payment Information
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601 Veranda Road Nw | MLS# 1110853
This single family home located at 601 Veranda Road Nw, Albuquerque, NM 87107 is currently listed for sale with an asking price of $420,000. This property was built in 1940 and has 6 bedrooms and 4 full baths with 2640 sq. ft. Veranda Road Nw is located in the Monkbridge Add subdivision. Search Monkbridge Add real estate on cgabaldon.cblegacy.com today.