208 Stanford Drive Se Albuquerque, NM 87106

4 Units
Status: Active
Year Built: 1926
Days on Website: 32

Courtesy of Jones Realty of Albuquerque.

Description

Value Add Investment Opportunity! Just a few blocks from the University of New Mexico and near both UNM Hospital and Presbyterian Hospital, as well a wide variety of restaurants, this centrally located property is a prime investment opportunity. It includes a 2 bedroom house and a detached triplex with three studio apartments. Recent improvements include a full electrical upgrade in 2022 and new sewer/plumbing completed in 2024. The triplex presents strong value-add opportunity, just a bit of TLC could substantially boost its rental income potential. Ideal for investors seeking a long-term investment or those looking to maximize value through improvements, this property delivers location, flexibility, and upside in one of Albuquerque's most desirable rental pockets.

Open House

Property Details and Features

  • Description: FreeStandingGasRange,Refrigerator
  • Total Bathrooms: 2
  • Area: 1622
  • Building Area: 1622
  • Levels: One
  • Year Built: 1926
  • Details: EvaporativeCooling
  • Flooring: Tile,Wood
  • Heating: FloorFurnace,WallFurnace
  • Days on Market: 4
  • Listing Price: 365000
  • Status: Active
  • Address: 208 STANFORD Drive SE
  • Area: 42 - UNM South
  • City: Albuquerque
  • State: NM
  • Zip: 87106
  • County: Bernalillo
  • Directions: from 1-25/central, head east on Central Ave, right on Stanford Dr, property will be on the left.
  • Acres: 0.16
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected