Skip To Content

205 Texas Street NE

Albuquerque, NM 87108
  • $198,500
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 1014137
Price Reduced
UPDATED: 28 min ago
$198,500
  • 3
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,168
    SQFT
  • $170
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:

School Ratings & Info

Description

This home has been a rental for the past 30+ years. Last tenants paid $1,250 / month plus utilities. The home has two separate entrances & could possible be converted into a duplex. Huge benefit of this property is the lot. The property consists of 4 city lots numbered 45, 46, 47 & 48. The home currently sits on lots 45 & 46 per the survey, leaving lots 47 & 48 available for possible development w/ approval from the city. The property offers upside potential for a savvy investor w/ R-ML zoning which provides for a variety of low- to medium-density housing options. The primary land uses are townhouses and small-scale multi-family development, as well as civic & institutional uses to serve the surrounding residential area per the City of ABQ. Come take a look & see what you think.

Monthly Payment Calculator



IDX information © 2022 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: 2022-05-23T22:04:58.393.
www.trtnm.com/homes/128456891
Print Image

205 Texas Street NE Albuquerque, NM 87108

  • Price: $198,500
  • Status: Active
  • On Site: 16 Days
  • Updated: 28 min ago
  • MLS #: 1014137
3
Beds
0
Baths
0
½ Baths
0.31
Acres
1,168
SQFT
$170
$/SQFT
1945
Built
Neighborhood:
70 - Fairgrounds
County:
Bernalillo
Area:
70 - Fairgrounds
Property Description
This home has been a rental for the past 30+ years. Last tenants paid $1,250 / month plus utilities. The home has two separate entrances & could possible be converted into a duplex. Huge benefit of this property is the lot. The property consists of 4 city lots numbered 45, 46, 47 & 48. The home currently sits on lots 45 & 46 per the survey, leaving lots 47 & 48 available for possible development w/ approval from the city. The property offers upside potential for a savvy investor w/ R-ML zoning which provides for a variety of low- to medium-density housing options. The primary land uses are townhouses and small-scale multi-family development, as well as civic & institutional uses to serve the surrounding residential area per the City of ABQ. Come take a look & see what you think.
Exterior Features

Construction Materials BlockFrame Levels One

Interior Features

Appliances Built-In Gas OvenBuilt-In Gas RangeRefrigerator Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring CarpetTile Heating ElectricRadiantWall Furnace Heating YN Yes Laundry Features Washer HookupDryer HookupElectric Dryer HookupIn Unit

Property Features

Accessibility Features None Additional Parcels YN Yes Builder Name Unk Building Area Total 1168 Community Features Storage Facilities Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 15000 Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Resale Property Sub Type Other Property Sub Type Additional Other Tax Annual Amount 1303.78 Tenant Pays ElectricityGas Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-Ml*

Listing courtesy of Berkshire Hathaway Nm Prop. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 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: 2022-05-23T22:04:58.393.
 
https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1014137-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1014137-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1014137-2.jpg
Logo
The Team | Realty Executives Advantage
2440 Lousiana Blvd
Albuquerque NM, 87110