834 Griegos Rd NW

Welcome to 834 Griegos NW, a unique five-unit compound-style property in Albuquerque's desirable North Valley. This mixed-use investment includes three residential units and two commercial spaces. Built in 1924 (per assessor records), local history suggests part of the building once served as a tack house. One commercial tenant has been in place for over 20 years, providing stability. Situated on a 0.40 -acre corner lot, the property boasts new roofs (March 2025) and strong walk, bike, and transit scores. Fully occupied and offering great potential. Motivated seller! NO SHOWINGS. 

Total Units: 5Unit Summary: Total Units: 5; Average Unit Size: 1,016; Average Actual Rent: 1,135; Annualized: 68,100; Total Actual Rent: 5,675       # of Unit Types (1): # of Units: 1; # of Bedrooms: 2; # Baths: 1.5; Approx. SqFt: 1,710; Actual Rent: 1,400; Max Rent: 1,600; Market Rent: 1,500         # of Unit Types (2): # of Units: 1; # of Bedrooms: 1; # Baths: 1; Approx. SqFt: 882; Actual Rent: 1,000; Max Rent: 1,200; Market Rent: 1,100                # of Unit Types (3): # of Units: 1; # of Bedrooms: 1; # Baths: 1; Approx. SqFt: 650; Actual Rent: 975; Max Rent: 1,200; Market Rent: 1,100                      # of Unit Types (4): # of Units: 1; # of Bedrooms: 0; # Baths: 1; Style: Hair Salon; Approx. SqFt: 919; Actual Rent: 850; Max Rent: 1,700; Market Rent: 1,600

# of Unit Types (5): # of Units: 1; # of Bedrooms: 1; # Baths: 1; Style: Hair Salon; Approx. SqFt: 919; Actual Rent: 1,450; Max Rent: 1,900; Market Rent: 1,850