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

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Bathrooms

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$522,720

1315 Madeira Drive Se, Albuquerque

3 Beds 2 Baths 3,233 SqFt Residential Income MLS® # 1108087

NM Apartment Advisors, Inc.

$522,500

2810 Vail Avenue Se, Albuquerque

8 Beds 4 Baths 3,100 SqFt Residential Income MLS® # 1108204

NM Apartment Advisors, Inc.

$518,800

1200 Edith Boulevard Se, Albuquerque

6 Beds 4 Baths 2,975 SqFt Residential Income MLS® # 1102986

Sperry Van Ness/WACB, Inc.

$514,500

↓ $9,995

1005 Carlisle Boulevard Se, Albuquerque

2 Beds 2 Baths 2,640 SqFt Residential Income MLS® # 1103321

Deacon Property Services

New

$510,000

205 Stanford Drive Se, Albuquerque

4 Beds 4 Baths 1,000 SqFt Residential Income MLS® # 1110079

Realty One of New Mexico, LLC

$510,000

↓ $37,931

1809 Girard Boulevard Se, Albuquerque

8 Beds 15 Baths 3,100 SqFt Residential Income MLS® # 1103323

NM Apartment Advisors, Inc.

$500,000

12704 Dunes Road Se, Albuquerque

2 Beds 4 Baths 3,104 SqFt Residential Income MLS® # 1109481

Coldwell Banker Legacy

$500,000

905 Coal Avenue Sw, Albuquerque

6 Beds 4 Baths 2,320 SqFt Residential Income MLS® # 1106191

Hunter Chase Realty

$500,000

110-114 Indiana Street Se 1-7, Albuquerque

6 Beds 5 Baths 2,867 SqFt Residential Income MLS® # 1097526

Keller Williams Realty

$499,999

↓ $50,000

3102 Rosendo Garcia Road Sw, Albuquerque

9 Beds 4 Baths 4,465 SqFt Residential Income MLS® # 1103768

EXP Realty, LLC

$499,000

↓ $26,000

425 Fitzgerald Road Nw, Albuquerque

4 Beds 3 Baths 1,898 SqFt Residential Income MLS® # 1107630

EXP Realty LLC

$499,000

4609 Douglas Macarthur Road Ne, Albuquerque

6 Beds 4 Baths 2,438 SqFt Residential Income MLS® # 1100193

Double Eagle Real Estate

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CONTACT US (505) 886-1432