1412 Goff Blvd SW, Albuquerque, NM 87105
4 Bedroom | 3 Bathroom | SqFt: 3,220 | Lot: 18,295 | Built: 1960
Price: $340,000 net | ARV: $475,000 | COE: 5/30/25 | EMD: $5,000
💡Overview:
- Gated property on a cul-de-sac
- 2 full kitchens + kitchenette (multi-gen or income-producing layout potential)
- Jacuzzi room
- RV/Boat gate
- Garage
- Large backyard
- 2-story home
- Storage shed
- ADU Setup Potential
- No known major issues reported
Rental Income Potential (Not Zoned Multi-Family)
This property features two full kitchens and one kitchenette, making it attractive for house hacking, multi-gen, or non-conforming income-producing strategies.
Comparable 1/1 Rents (within 5-mile radius):
- Average: $1,443/month
- Median: $1,500/month
- Range: $1,212 (25th percentile) – $1,673 (75th percentile)
📊 Scenario – If rented as 3 separate 1-bed units (non-conforming layout):
- 1st Unit: $1,500
- 2nd Unit: $1,500
- 3rd Unit (kitchenette): $1,200–$1,300
💵 Estimated Monthly Gross: $4,200 – $4,300
⚠️ Buyer to confirm rental strategy with city planning due to single-family zoning.
Pictures: https://drive.google.com/drive/folders/1ZGNyRvZxoLihk5kR0UOIFwn1DHbxyffq
Comps: https://drive.google.com/file/d/12yv-MSGyukmepFMeCzWhtOr8Kt6rQ2OB/view?usp=sharing