716 ADAMS Street NE, Albuquerque, NM 87110

$265,000 Asking Price

3 beds
1 bath
1,126  sqft
Built in 1950

Nestled in an incredibly desirable area near the University of New Mexico, this property offers a unique chance to craft your dream home in an ideal location! While it needs some TLC, we've made the process simple by lining up everything you need to bring your vision to life. With the Fannie Mae HomeStyle renovation loan, you can finance both the purchase and the renovations with as little as 5% down, even on the renovation budget. Imagine moving in with your preferred colors, fixtures, and finishes, all customized by you! We've even partnered with a lender specializing in these loans and secured a contractor bid, providing a clear roadmap for your project. This opportunity is your canvas--design, transform, and create potential equity in a fantastic neighborhood!

Features & Amenities

Interior

Laundry:
None
Flooring:
Carpet
A/C:
Other
Heating:
Other,See Remarks
Disability Feature:
None
Eco/Green Feature:
None

Exterior

General:
None

Construction

Roofing:
Flat
Windows:
Clad,Double Pane Windows,Insulated Windows,Metal
General:
Stucco, One

Location

Originating MLS:
SWMLS
County:
Bernalillo

Lot

Zoning:
101705830910941013

Utilities

Utilities:
None, Other
Water:
Other,See Remarks
Sewer:
Other

Financial

Source:
SWMLS

This listing courtesy of:
Rio Grande Realty & Invest LLC, Juan Diego Chavez

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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