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, Over $1,000,000

• 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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$5,317,173

419 Monroe Street Ne, Albuquerque

1 Bed 1 Bath 33,000 SqFt Residential Income MLS® # 1092700

NM Apartment Advisors, Inc.

$3,015,000

3601 Wellesley Drive Ne, Albuquerque

3 Beds 3 Baths 14,266 SqFt Residential Income MLS® # 1092688

NM Apartment Advisors, Inc.

$2,700,000

802 Gold Avenue Sw, Albuquerque

3 Beds 3 Baths 16,426 SqFt Residential Income MLS® # 1108431

Rhino Realty Property Mgmt LLC

$2,323,232

433 Mesilla & 437 (4 Lots) Street Se, Albuquerque

3 Beds 2 Baths 14,688 SqFt Residential Income MLS® # 1105475

NM Apartment Advisors, Inc.

$1,739,530

1008 Alvarado Drive Se, Albuquerque

1 Bed 2 Baths 6,090 SqFt Residential Income MLS® # 1104004

NAI SunVista Commercial RE

$1,660,470

1024 Alvarado Drive Se Apt 6, Albuquerque

3 Beds 3 Baths 8,360 SqFt Residential Income MLS® # 1104005

NAI SunVista Commercial RE

$1,594,615

↓ $198,819

8600 Zuni Road Se, Albuquerque

3 Beds 2 Baths 16,020 SqFt Residential Income MLS® # 1104629

NM Apartment Advisors, Inc.

$1,500,000

615 Iron Avenue Sw, Albuquerque

12 Beds 12 Baths 6,574 SqFt Residential Income MLS® # 1102929

Berkshire Hathaway NM Prop

$1,450,000

1711 Park Avenue Sw, Albuquerque

10 Beds 4 Baths 4,499 SqFt Residential Income MLS® # 1097514

Realty One of New Mexico

$1,424,506

808 Ortiz Drive Se, Albuquerque

5 Beds 3 Baths 9,650 SqFt Residential Income MLS® # 1108861

NM Apartment Advisors, Inc.

$1,375,000

1508 Edith Boulevard Ne, Albuquerque

11 Beds 8 Baths 5,304 SqFt Residential Income MLS® # 1101065

LPT Realty

$1,249,000

↓ $126,000

24 Matisse Road Ne, Albuquerque

7 Beds 6 Baths 8,134 SqFt Residential Income MLS® # 1094511

Keller Williams Realty

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CONTACT US (505) 886-1432