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

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$1,190,000

↓ $207,298

613 Mesilla Street Se, Albuquerque

14 Beds 14 Baths 6,408 SqFt Residential Income MLS® # 1105932

Trinity Apartment Company LLC

$1,144,491

609 Mesilla Street Se, Albuquerque

9 Beds 7 Baths 6,896 SqFt Residential Income MLS® # 1108384

Trinity Apartment Company LLC

$1,000,000

313 Iron Avenue Sw, Albuquerque

7 Beds 4 Baths 5,603 SqFt Residential Income MLS® # 1087921

Sperry Van Ness/WACB, Inc.

$999,565

1104 Palomas Drive Se, Albuquerque

6 Beds 3 Baths 7,720 SqFt Residential Income MLS® # 1109470

Deacon Property Services

$994,495

↓ $13,995

1003-1005 Carlisle Boulevard Se, Albuquerque

8 Beds 7 Baths 4,805 SqFt Residential Income MLS® # 1107259

Deacon Property Services

$950,000

1321 15th Street Nw, Albuquerque

10 Beds 5 Baths 4,100 SqFt Residential Income MLS® # 1104437

EXP Realty LLC

$950,000

3505 Lafayette Drive Ne, Albuquerque

2 Beds 1 Bath 9,100 SqFt Residential Income MLS® # 1103496

NM Apartment Advisors, Inc.

$899,900

↓ $90,100

807 8th Street Nw, Albuquerque

5 Beds 5 Baths 3,201 SqFt Residential Income MLS® # 1098626

RE/MAX SELECT

$850,000

1606 Roma Avenue Ne, Albuquerque

6 Beds 6 Baths 3,263 SqFt Residential Income MLS® # 1107557

RE/MAX SELECT

$850,000

511 Spruce Street Se, Albuquerque

7 Beds 6 Baths 3,749 SqFt Residential Income MLS® # 1105527

NAI SunVista Commercial RE

$798,456

635 Mesilla Street Se, Albuquerque

8 Beds 8 Baths 2,688 SqFt Residential Income MLS® # 1104663

Trinity Apartment Company LLC

$797,000

907 Silver Avenue Sw, Albuquerque

5 Beds 6 Baths 3,806 SqFt Residential Income MLS® # 1109166

Coldwell Banker Legacy

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CONTACT US (505) 886-1432