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.
Listed By
Agency Name: Realty One Group Concierge
Agency Phone: (505) 318-1111
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 898-2700
Estimated Payment
$ 957.17 per month $656.54 Principal & Interest $214.58 Property Tax $86.04 Homeowner's Insurance
1709 Walter Street Se | MLS# 1108825
This single family home located at 1709 Walter Street Se, Albuquerque, NM 87102 is currently listed for sale with an asking price of $295,000. This property was built in 1930 and has 2 bedrooms and 2 full baths with 1219 sq. ft. Walter Street Se is located in the Eastern Add subdivision. Search Eastern Add real estate on www.cblegacy.com today.