505 Los Arboles Avenue NW, Albuquerque, NM 87107

$275,000 Asking Price

4 beds
2 baths
1,979  sqft
Built in 1941

Bring your highest and best offer, Seller will be accepting the best offer next week. After Repaired Value (ARV) is between $500k-$550k. This property offers a fantastic opportunity whether you're an owner-user, flipper, or short-term VRBO investor to take advantage of sweat equity. Bring your crew and start right away using the fully approved City of Albq. building plans conveys with the property. The plans include a 4-bedroom, 4.5-bathroom, 1928 sq.ft main house, and a 625 sq.ft casita, all situated on an oversized lot.See private remarks for comps

Features & Amenities

Interior

General:
Breakfast Area,Ceiling Fan(s),Separate/Formal Dining Room,Home Office,Multiple Living Areas,Main Level Primary,Utility Room
Appliances:
Dishwasher,Free-Standing Gas Range,Refrigerator,Range Hood
Laundry:
Gas Dryer Hookup,Washer Hookup,Dryer Hookup,ElectricDryer Hookup
Flooring:
Carpet,Vinyl,Wood
A/C:
true, Evaporative Cooling,Multi Units
Heating:
true, Floor Furnace,Multiple Heating Units,Wall Furnace
Fireplace:
Custom,Wood Burning, Fireplace, Fireplaces: 1
Eco/Green Feature:
None

Exterior

General:
Fence,Private Yard,RV Parking/RV Hookup, Guest House,Storage,Workshop
Style:
Custom,Ranch
Other Structures:
Guest House,Storage,Workshop
Parking:
Detached,Garage

Construction

Roofing:
Pitched,Shingle
Windows:
Casement Window(s),Metal,Sliding
General:
Frame,Stucco, 1

Location

Road/Access:
Paved
Originating MLS:
SWMLS
County:
Bernalillo

Lot

Zoning:
101405929452712506
Fencing:
Back Yard

Utilities

Utilities:
Electricity Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
SWMLS

This listing courtesy of:
EXP Realty LLC, Alex Cordova

About Albuquerque, NM

Housing

Number of Units
289,047
Median Home Value
$231,021
Median Rent
$836

38.21% of housing units are renter occupied.

6.68% are vacant.

Commute

Car
73.88%
Public Transportation
1.27%
Walk to Work
1.50%
Work from Home
21.95%
Other
0.53%

The median travel time to work is 19 minutes.

People

Population
657,307
Median Age
38.70
Median Household Size
2.49

Education

High School
23.44%
Associate’s Degree
8.93%
Bachelor’s Degree
19.46%
Graduate Degree
16.07%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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