601 Veranda Road
Albuquerque, NM 87107
6
Bed
4
Bath
2,640Sqft
0.16Acre(Lot)
Two permitted houses on one lot. One loan, one tax bill, two rent checks. That is the pitch. The back house runs 1,391 square feet with 3 bedrooms and 2 baths. The second is 1,258 square feet, 3 bed and 1.5 bath, for roughly 2,649 square feet of rentable space. Both were built in 1940 and both are on record as legal dwellings, so the second unit is not a zoning argument waiting to happen at appraisal. Price reflects it an opportunity waiting for that savvy investor. What you are buying is a corrected rent roll, not a turnkey product. One side carries a tenant, so the numbers start working while the other side gets its rehab. North Valley, 87107, close to Fourth Street and a quick shot to I-40 and Old Town. Bring a contractor, run your own numbers, and schedule a showing.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 4 Full Baths: 3 -
Flooring Information
Carpet, Laminate, Tile -
Roofing Information
Flat -
Interior Features
Master Downstairs Roof: Flat Laundry Features: Other Window Features: Insulated Windows -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1940 Building Area Total: 2640 Stories: 1 Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Lot Size Acres: 0.16 Lot Size Source: Public Records Lot Size Square Feet: 7013Property Information
Subdivision: Monkbridge Add Source Property Type: Residential Postal Code Plus 4: 2542 Zoning Description: R-1A* Property SubType: Single Family Residence Direction Faces: East Levels: One Property Age: 86
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Listing Price Information
Listing Price: $360000 Original Price: $420000 Cash, Conventional
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Tax Information
Parcel Number: 101406025121431102 Annual Tax: $4241.8
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Garage Information
Has Garage: Yes Garage Space: 1
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School Information
Elementary School: La LuzJunior High School: GarfieldSenior High School: Valley -
Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: North on 4th - West on Veranda by Fastinos WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 411 Spanish Walk Place, Albuquerque, NM, 87107 | $460,550 | 3 | 2 | 1,649 | 0.11 Acre |
| 408 Spanish Walk Place, Albuquerque, NM, 87107 | $467,628 | 3 | 2 | 1,649 | 0.10 Acre |
| 415 Spanish Walk Place, Albuquerque, NM, 87107 | $433,920 | 3 | 2 | 1,501 | 0.10 Acre |
| 403 Spanish Walk Place, Albuquerque, NM, 87107 | $437,487 | 3 | 2 | 1,501 | 0.13 Acre |
| 505 Spanish Walk Place, Albuquerque, NM, 87107 | $539,972 | 4 | 2 | 1,752 | 0.10 Acre |
| 512 Spanish Walk Pl, Albuquerque, NM, 87107 | $447,775 | 4 | 2 | 1,752 | 0.10 Acre |
| 86 Rancho Pequenos Way, Albuquerque, NM, 87107 | $700,000 | 4 | 3 | 3,266 | 0.35 Acre |
| LOT 6 Los Ranchos Road, Albuquerque, NM, 87107 | $925,000 | 4 | 3 | 2,370 | 0.40 Acre |
| LOT 7 Los Ranchos Road, Albuquerque, NM, 87107 | $950,000 | 3 | 3 | 2,580 | 0.40 Acre |
| 126 Los Ranchos Road #L.., Albuquerque, NM, 87107 | $1,420,000 | 4 | 5 | 3,617 | 0.40 Acre |
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ByOwner last updated this listing 09/29/2026 @ 11:34
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