717 Grace Street NE, Albuquerque, NM 87123

$275,000 Asking Price

3 beds
2 baths
1,040  sqft
Built in 1960

**Perfect Investment Opportunity or First-Time Home in NE Heights!** This charming 3-bedroom, 2-bath, single-story home sits on an oversized lot, ideal for investors or first-time homebuyers. Features recently updated within the last 3 years such as windows, plumbing, roofing, cabinets, flooring, and more. Priced to sell quickly at $275,000.Currently occupied by tenants until February 2025, generating $1,800 per month in rent and professionally managed by Maddox MGT. Don't miss out on this incredible value!

Features & Amenities

Interior

General:
Ceiling Fan(s),Home Office,Main Level Primary,Pantry
Appliances:
Free-Standing Gas Range,Disposal
Laundry:
Washer Hookup,Dryer Hookup,ElectricDryer Hookup
Flooring:
Carpet,Tile
A/C:
true, Evaporative Cooling
Heating:
true, Central,Forced Air,Natural Gas
Disability Feature:
None
Eco/Green Feature:
Water-Smart Landscaping, None

Exterior

General:
Private Yard
Style:
Ranch

Construction

Roofing:
Pitched,Shingle
Windows:
Double Pane Windows,Insulated Windows,Sliding,Thermal Windows,Vinyl
General:
Brick, 1

Location

Road/Access:
City Street
HOA Amenities:
None
Originating MLS:
SWMLS
County:
Bernalillo

Lot

Zoning:
102105733443011506
Fencing:
Wall

Utilities

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

Financial

Source:
SWMLS

This listing courtesy of:
Coldwell Banker Legacy, John M Lopez

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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