1709 Walter Street Se, Albuquerque, NM 87102

$295,000
  • 1709 Walter Street Se, Albuquerque, NM 87102 Main Photo

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New to the Market Active
BEDS2 BATHS SQUARE FEET1,219 MLS#1108732
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEastern Add

Property Description

Investment opportunity with built-in income and exciting future flexibility. This updated two-unit property offers options to maintain as a fully occupied rental, potentially occupy one unit while renting the other as leases permit, or explore a future multigenerational living arrangement. The front studio is leased at $775 through 11/30/26, and the rear 2BR/1BA is rented month-to-month at $1,320, producing current gross income of $2,095/month. Recent improvements completed from 2022-2026 include ductless heat-pump systems, sewer-line work, Unit B electrical-panel and gas-line upgrades, Unit A metal roof, tankless water heater, insulation, kitchen and bath updates, flooring and xeriscaping. Gas and electric are separately metered and tenant-paid; owner pays water, sewer and trash. Four confirmed off-street parking spaces plus potential additional tandem parking. City certification dated 5/2/22 supports the existing two-unit use as legally nonconforming. Both units occupied. APOD in docs, rent roll available. Buyers should independently confirm square footage, zoning and permitted use, financing eligibility, lease terms, parking configuration, and whether the property suits their intended use. Also listed as Residential, SWMLS #1108825.

1709 Walter Street Se | MLS# 1108732

This multi-family property located at 1709 Walter Street Se, Albuquerque, NM 87102 is currently listed for sale with an asking price of $295,000. Search Albuquerque real estate on www.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ductless, Heat Pump, Refrigerated
Heating: Ductless, Electric, Heat Pump
Lot Size: 0.13 Acres
Stories: 1.0
Taxes: $2,575
Year Built: 1930

Amenities

Landscaping
Lighting

Feature Descriptions

Appliances: Free-Standing Gas Range, Refrigerator, Range Hood
Days on Site: 2
Exterior: Stucco
Flooring: Carpet Free, Tile, Vinyl
Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
Lot Dimensions: 40.01 Rear /Alley
Parcel#: 101405644828610509
Units: 2
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: Realty One Group Concierge
Agency Phone: (505) 318-1111

Shown By

Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 293-3700

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Estimate Your Payment

Estimated Payment

$ 957.17 per month $656.54 Principal & Interest $214.58 Property Tax $86.04 Homeowner's Insurance

Change Payment Information

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Top REALTORS® in this Area

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Casey Landis From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable, trustworthy, and committed realtor.— Gregory Howell
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Ashly Jaramillo I had an excellent experience working with Ashly. I would recommend her to anyone that is in the process of buying a home.— Martha Edwards

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