601 Veranda Road Nw, Albuquerque, NM 87107

$420,000
  • 601 Veranda Road Nw, Albuquerque, NM 87107 Main Photo
New to the Market Active
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.

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 mmeyer.cblegacy.com today.

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: Matt Meyer
Agent Phone: (505) 710-8936
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 1,410.65 per month $934.74 Principal & Interest $353.42 Property Tax $122.50 Homeowner's Insurance

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