1401 5th Street Nw

Albuquerque, NM 87102

About this property

Step into an early 1900s farmhouse, perfectly blending historic charm with modern convenience in Albuquerque's vibrant Wells Park neighborhood. This property is designed for cash flow with two fully updated, separate living units--each featuring contemporary finishes, gleaming wood floors, upgraded systems (roof, plumbing, HVAC, electrical), and double-hung windows that preserve its character. The main level includes an office space and renovated basement, offering flexible options for small businesses, all within the unique MX-T zone's character protection overlay (CPO#12).Ideal for investors, the property includes three fully furnished apartments--consistently rented over the past four years for reliable income--along with ample gated parking, RV access, and a lighted patio area.

About this property

Step into an early 1900s farmhouse, perfectly blending historic charm with modern convenience in Albuquerque's vibrant Wells Park neighborhood. This property is designed for cash flow with two fully updated, separate living units--each featuring contemporary finishes, gleaming wood floors, upgraded systems (roof, plumbing, HVAC, electrical), and double-hung windows that preserve its character. The main level includes an office space and renovated basement, offering flexible options for small businesses, all within the unique MX-T zone's character protection overlay (CPO#12).Ideal for investors, the property includes three fully furnished apartments--consistently rented over the past four years for reliable income--along with ample gated parking, RV access, and a lighted patio area.

Features and Additional Information

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$599,000 Active
1 Bed
1
Bath
2,999 SQFT

Presented By Ranch Pros Real Estate

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Brokerage
Equity New Mexico
1-505-271-2228
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Area Information

80 Downtown Area | Bernalillo County |

$ 599,000
This listing is play_arrow 117.8% higher than the average in the area
$ 275,000 in the area
2,999 SqFt
This listing is play_arrow 179.5% larger than the average in the area
1,073 SqFt in the area
$ 200 $/SqFt
This listing is play_arrow 22.1% less than the average in the area
$ 256 $/SqFt in the area
15 days on site
This listing is play_arrow 275.0% above the average in the area
4 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Trung D Doan
Brokerage: Equity New Mexico

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