Active
834 GRIEGOS Road NW
Albuquerque NM, 87107
$650,000
$127.95 per sqft
Active
2 Beds
2 Baths
5,080 sqft
Condos
Built in 1924
Courtesy of Keller Williams Realty
Welcome to 834 Griegos NW, a distinctive five-unit compound-style property in Albuquerque's sought-after North Valley. This mixed-use investment features three residential units and two commercial spaces, requiring commercial financing. Built in 1924 (per assessor records), local history suggests parts of the building once served as a tack house. The current owner has renovated one residential unit, while one of the commercial spaces has had the same tenant for over 20 years, providing long-term stability. With solid walk , bike, and transit scores, this fully occupied property offers a rare investment opportunity in a prime location. Cap Rate is calculated at 8.63%. Please do not request showings.
1079160
MLSⓇ ID
February 28, 2025
Listed
March 1, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
2
Total Bathrooms
2
Appliances
Free-Standing Gas Range, Refrigerator
Floor Description
Brick
Fireplace
No
Cooling
Yes
Cooling Description
Evaporative Cooling
Heating
Yes
Heating Description
Central, Forced Air
Exterior/Building Features
Lot Size
0.45 Acres
Other Property Details
Area Name
101 - Near North Valley
Taxes
$7,658
Tax Frequency
Annually
Garage
No
View
No
County
Bernalillo
Pool
No
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green Building Features
Green Features
None
The information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Anita Mora shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.