🏠 1408 Walter St SE, Albuquerque, NM 87102

πŸ’° Wholesale Price: $180,000

πŸ“ˆ ARV: $300,000

πŸ“… COE: 3/6/2026

πŸ’΅ EMD: $5,000 (Non-Refundable)

πŸ“¦ Post Possession: No


πŸ“ OVERVIEW:

β€’ Property Type: Single-Family Residence (Brick)

β€’ Bedrooms/Bathrooms: 3 bed / 1 bath + office

β€’ Living Area: 1,416 SQ FT

β€’ Lot Size: 7,000 SQ FT

β€’ Year Built: 1951

β€’ Parking: Detached Garage (2-car)

β€’ Occupancy: Vacant at COE

β€’ Foundation Type: Crawlspace


πŸ”§ CONDITION SUMMARY:

β€’ Heavy rehab – best suited for experienced investor

β€’ Deferred maintenance throughout

β€’ Wall separation and foundation cracking observed – repair required

β€’ Gas service currently NOT connected – will need to be re-established after repairs

β€’ Interior requires full cosmetic renovation

β€’ Small basement houses furnace and water heater


πŸš— GARAGE / ADDITIONAL UPSIDE:

β€’ Detached 2-car garage in good condition

β€’ Upgraded electrical

β€’ Potential upside: garage may support casita or ADU-style conversion (buyer to verify zoning and permits)


πŸšͺ ACCESS INSTRUCTIONS:

Vacant – By appointment only

Contact Dalton Pierce for showings and offers


πŸ“Ž LINKS TO RESOURCES:

πŸ“· Pictures: https://drive.google.com/drive/folders/10gdTpRAKoqB5foatuKEr4KwKCffNuKTb?usp=sharing

πŸ“Š Comps: https://drive.google.com/drive/folders/1U05LRtRg3ylWr-0hvCXA8cCnXYQO4pF0?usp=sharing


πŸ“ž CONTACT:

Dalton Pierce

Business Cell: 505-456-3929

Personal: 505-414-3195