4200 Montgomery Boulevard #315
Albuquerque, NM 87109
3
Bed
2
Bath
23,100Sqft
2.98Acres(Lot)
Exceptional investment opportunity near UNM! This versatile property features two separate units, creating the perfect setup for an owner-occupant, investor, or anyone looking to offset their mortgage with rental income. Live in one unit and rent the other, lease both for long-term income, or explore short-term rental opportunities where permitted.The property offers excellent income potential, with estimated rents of approximately $1,500 per month for the larger unit and $800 per month for the second unit. An added bonus is the absence of a gas bill, helping keep operating expenses low and improving overall cash flow.Recent improvements include new windows that provide excellent sound insulation, increased energy efficiency, and enhanced comfort throughout the property.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 -
Flooring Information
Carpet, Tile -
Interior Features
Master Downstairs Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Washer Laundry Features: Electric Dryer Hookup Window Features: Double Pane Windows, Insulated Windows -
Heating & Cooling
Has Heating: Yes Has Cooling: Yes
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Building Information
Year Built: 1978 Building Area Total: 23100 Construction Materials: Frame, Stucco Stories: 3 Pool Features: Gunite, Heated, Pool Cover, Screen Enclosure, Community Private Pool: Yes Association Fee Frequency: Monthly -
Exterior Features
Exterior Features: Balcony, Courtyard
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Lot Information
Lot Size Acres: 2.98 Lot Size Source: Public Records Lot Size Square Feet: 129852 Lot Description: Landscaped, ViewsProperty Information
Subdivision: Of Volandia Add Source Property Type: Residential Postal Code Plus 4: 1159 Zoning Description: R-MH* Property SubType: Condominium Direction Faces: North Levels: Three Or More Property Age: 48
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Listing Price Information
Listing Price: $174000 Cash
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Tax Information
Parcel Number: 101706022750921520 Annual Tax: $45951.42
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Homeowners Association InformationHas Association: Yes Included Fees: Insurance, Utilities HOA: $604.00 Community Features: Gated
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School Information
Elementary School: HodginJunior High School: McKinleySenior High School: Del Norte -
Utility Information
Cable Available, Electricity Connected, Sewer Connected, Water Connected -
Location Information
Direction: ON South side of Montgomery between Morningside and Washington WaterSource: Public Security Features: Security Gate, Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6501 San Antonio Drive .., Albuquerque, NM, 87109 | $300,000 | 2 | 3 | 1,300 | 1,300 SqFt |
| 4200 Montgomery Bouleva.., Albuquerque, NM, 87109 | $124,900 | 1 | 1 | 650 | 650 SqFt |
| 3827 Montgomery Bouleva.., Albuquerque, NM, 87109 | $145,000 | 3 | 2 | 1,117 | 1,117 SqFt |
| 3833 Montgomery Bouleva.., Albuquerque, NM, 87109 | $169,000 | 3 | 2 | 1,122 | 1,122 SqFt |
| 3857 Montgomery Bouleva.., Albuquerque, NM, 87109 | $86,000 | 2 | 2 | 917 | 917 SqFt |
| 4601 Carlisle Boulevard.., Albuquerque, NM, 87109 | $110,000 | 2 | 1 | 740 | 740 SqFt |
| 4601 Carlisle Boulevard.., Albuquerque, NM, 87109 | $121,500 | 2 | 2 | 794 | 794 SqFt |
| 4601 Carlisle Boulevard.., Albuquerque, NM, 87109 | $121,500 | 2 | 1 | 794 | 794 SqFt |
| 4601 Carlisle Boulevard.., Albuquerque, NM, 87109 | $137,000 | 3 | 2 | 964 | 964 SqFt |
| 4601 Carlisle Boulevard.., Albuquerque, NM, 87109 | $121,500 | 2 | 2 | 794 | 794 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/16/2026 @ 02:51
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