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121 Terrace Street SE

Albuquerque, NM 87106
  • $545,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 1085186
UPDATED: 79 min ago
$545,000
  • 1
    BEDS
  • 0.08
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,450
    SQFT
  • $158
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

Prime UNM location! Silver Hills neighborhood. 2 buildings - 121 Terrace - Four - 1 bedroom 1 bath units. 500SF each. Wall heater and window units for cooling.Each rented for $800/month. Current lease agreements. 117 & 119 Terrace is separate duplex. Both units are 1 bedroom 1 bath unit with screened front porches. Hardwood floors. Living room, dining room, full bath of bedroom and each unit has a basement for storage. 117 Terrace - 650SF long term tenant at below market rent. $625/m. M/M lease. 119 Terrace - 800SF. $975/m. M/M lease. Add cosmetic updates for instant equity! Flooring and fixtures can go along way. Priced to sell AS-IS. Please do not disturb tenants. Offer subject to inspection. NO RECs. Portfolio financing options available.

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2025-06-16T13:05:09.56.
www.trtnm.com/homes/164496459
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121 Terrace Street SE Albuquerque, NM 87106

  • Price: $545,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 79 min ago
  • MLS #: 1085186
1
Beds
1
Baths
0
½ Baths
0.08
Acres
3,450
SQFT
$158
$/SQFT
1955
Built
Neighborhood:
42 - UNM South
County:
Bernalillo
Area:
42 - UNM South
Property Description
Prime UNM location! Silver Hills neighborhood. 2 buildings - 121 Terrace - Four - 1 bedroom 1 bath units. 500SF each. Wall heater and window units for cooling.Each rented for $800/month. Current lease agreements. 117 & 119 Terrace is separate duplex. Both units are 1 bedroom 1 bath unit with screened front porches. Hardwood floors. Living room, dining room, full bath of bedroom and each unit has a basement for storage. 117 Terrace - 650SF long term tenant at below market rent. $625/m. M/M lease. 119 Terrace - 800SF. $975/m. M/M lease. Add cosmetic updates for instant equity! Flooring and fixtures can go along way. Priced to sell AS-IS. Please do not disturb tenants. Offer subject to inspection. NO RECs. Portfolio financing options available.
Exterior Features

Construction Materials Block Frame Levels One Stories Total 2

Interior Features

Appliances Free- Standing Gas Range Refrigerator Basement YN Yes Cooling Window Unit(s) Cooling YN Yes Flooring Laminate Vinyl Wood Heating Floor Furnace Wall Furnace Heating YN Yes

Property Features

Accessibility Features None Builder Name Unknown Building Area Total 3450 Community Features Storage Facilities Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN No Occupant Type Owner Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 944.32 Tenant Pays Electricity Gas Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of Maddox & Co/REALTORS: (505) 764-0400. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2025-06-16T13:05:09.56.
 
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