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About This Home
This 9-bedroom, 6-bathroom residential multi family at 301 Graceland Drive SE in Albuquerque, NM is listed for $850,000 ($255 per sqft). Built in 1962, the home offers 3,335 sqft of living space on a 0.19 acres lot.
Mid-century Nob Hill investment opportunity offering immediate income and long-term upside. This five-unit property consists of four twobedroom units and one one-bedroom unit, all fully renovated with modern kitchens, updated bathrooms, new plumbing, flooring, and washer/dryer hookups no deferred maintenance required.
One unit is currently leased and generating cash flow, providing in-place income. Located in a prime Nob Hillneighborhood with strong rental demand, the property presents an attractive opportunity for investors seeking stable returns, rent growth potential, and long term appreciation.
Key Features
- Built in 1962
- 0.19 acre lot
Property Details
Amenities
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
301 Graceland Drive SE
Albuquerque, NM 87108
Grande Add
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Appliances
Questions & Answers
This 9-bedroom, 6-bathroom residential multi family at 301 Graceland Drive SE is listed at $850,000 ($255/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1962, 0.19 acre lot. Interior Features: Skylights.
This property is listed by Jose Luis Juarez and can be reached at 5052058997 or nmhomes@gmail.com.