Duplex in Nob Hill - close to UNM

In a great area of Abq, these two back to back units (address = 4204 and 4206 Mesa Grande Pl. SE) are centrally located.  The University of New Mexico, Kirkland AFB, Albuquerque Uptown/ Coronado Shopping Center (Trader Joes), and several hospitals are all located within a three-mile radius.  Both an official bike route and O’Niell’s pub are just around the corner. 

Each unit of the duplex is over 700 sq. ft. (see floor plan).  In addition to the one bedroom in each unit there is a second room that can be used as a bedroom, study, or workroom.  Current rents are a little low and could be increased approximately 7.5 percent to over $1300 per month (based on similar, adjacent property).  Renting out one unit is a great way to pay off a mortgage. 

Each unit has off-street parking, a private courtyard, and separate meters for gas and electricity.  Nice interior features include wood-beam ceilings, a wall of windows into the courtyard, and ceramic tile floors (great if used as a rental).  The 2000 sq ft back yard includes two small storage sheds and lots of room for gardening. 

The adjacent property (4208 and 4210) is also for sale ($193K).  If both properties were to be purchased together, I would reduce the total price by over 5%.  Thank you for your interest.