204 Monroe Street NE, Albuquerque, NM 87108

$675,000
6
BD
4
BA
3,108
SqFt

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List Price
$675,000
Status
ACTIVE
MLS#
1112646
Property Type
Detached
Bedrooms
6
Bathrooms
4
Living Area
3,108
Lot Size
13,939
Region
UNM

Property Description

Live in one and rent the other three or have multigenerational living! An opportunity for owner-occupied multi-unit living in Albuquerque's desirable UNM North neighborhood near Nob Hill. This charming, updated 1950s 4-plex offers a vacant 2-bedroom residence ready for its new owner, plus three additional units with long-term tenants providing rental income potential. Originally two duplexes on separate lots, now replated as one property, the four residences include two 1-bedroom and two 2-bedroom units. Each offers original oak hardwood floors, granite countertops, refrigerated air, tankless water heater, individually metered gas & electric, and its own washer & dryer. Every residence enjoys a private backyard and garage, plus additional off-street parking with two double carports and gated alley access. At the center of the property, an enchanting, tree-shaded courtyard with lush grass and inviting seating areas creates a peaceful gathering place and wonderful sense of community while preserving each residence's privacy. Enjoy living near UNM, Nob Hill, Uptown, shopping, restaurants, and public transportation. With four units, this property may qualify for FHA or conventional owner-occupied financing, subject to lender and property requirements. A unique opportunity to enjoy the character of an established Albuquerque neighborhood while building equity through real estate! Address is both 204 & 206 Monroe St NE

Additional Information

County
Bernalillo
Subdivison
Reservoir Sub
Acres
0.32
Interior Features
Ceiling Fan(s), Main Level Primary
Exterior Features
Courtyard, Private Yard
Appliances
Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
Carport Spaces
2
Cooling
Refrigerated
Flooring
Tile, Wood
Garage Spaces
4
Heating
Central
Roof
Flat
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water
Public
Elementary School
Zia
Middle School
Jefferson
High School
Highland

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Listing courtesy of RE/MAX SELECT.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.