The NMWelcomeHome Team Blog

Looking For That 1st Investment Property?

Located at 1516 Spence Ave SE Albuquerque, NM 87106 | 2 Bedrooms | 1 Bathroom | 806 sqft.

Fixer-Upper Opportunity with Possible Owner Financing! Owner willing to work with buyer on terms. Make an offer and let's make a deal! Looking for a long-term investment in a thriving area? This property, located just south of UNM, could be your next project. The neighborhood has seen significant development in recent years, including major businesses like Chick-fil-A, Starbucks, Subway, Dion's, and Chili's, all within half a mile. According to the owner, the property features a newer roof (installed within the last five years) and an updated sewer line. It's being sold as-is, where-is, with no repairs provided. Inspections are for buyer's information only. Don't miss this chance to invest in an up-and-coming area!

Call 505-886-1432 today for more information.

Link to photos and more information

Investment Albuquerque Real Estate Listings

• All Listings
• $100,000 - $200,000
• $200,000 - $300,000
• $300,000 - $400,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000
• $800,000 - $900,000
• $900,000 - $1,000,000
• Over $1,000,000

Bedrooms

Bathrooms

Price Range

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$275,000

1303-1305 Iron Avenue Sw, Albuquerque

1 Bed 1 Bath 1,128 SqFt Residential Income MLS® # 1109233

Maestas Real Estate Services

$269,900

↓ $15,100

520 Kentucky Street Se, Albuquerque

4 Beds 2 Baths 1,980 SqFt Residential Income MLS® # 1103756

Bonita Ulibarri Realty LLC

$265,999

425 Grove Street Se, Albuquerque

4 Beds 2 Baths 1,386 SqFt Residential Income MLS® # 1109078

Keller Williams Realty

$260,000

↑ $15,000

1646 Ferris Avenue Sw, Albuquerque

4 Beds 2 Baths 1,613 SqFt Residential Income MLS® # 1108934

EXP Realty LLC

$260,000

↓ $39,000

1100 Alvarado Drive Se, Albuquerque

5 Beds 4 Baths 0 SqFt Residential Income MLS® # 1101833

Beach Realty

$255,000

336 Rhode Island Street Ne, Albuquerque

2 Beds 1 Bath 2,375 SqFt Residential Income MLS® # 1109419

Berkshire Hathaway NM Prop

$250,000

320 Rosemont Avenue Ne, Albuquerque

3 Beds 3 Baths 1,527 SqFt Residential Income MLS® # 1108952

Q Realty

$250,000

633 Grove Street Se, Albuquerque

2 Beds 2 Baths 0 SqFt Residential Income MLS® # 1105198

Keller Williams Realty

$249,900

↓ $100

416 Kentucky Street Se, Albuquerque

4 Beds 3 Baths 1,584 SqFt Residential Income MLS® # 1101400

Bright House Real Estate LLC

$245,499

↓ $4,501

636 San Pablo Street Se, Albuquerque

2 Beds 2 Baths 1,242 SqFt Residential Income MLS® # 1106981

Keller Williams Realty

$239,000

201 San Pablo Street Ne, Albuquerque

3 Beds 2 Baths 1,230 SqFt Residential Income MLS® # 1099969

Realty One of New Mexico

$229,900

120 Veranda Road Nw, Albuquerque

4 Beds 3 Baths 0 SqFt Residential Income MLS® # 1106009

Consumer Advantage RE Services

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CONTACT US (505) 886-1432