920 Forrester Street NW, Albuquerque, NM 87102

Property Description

Historic Victorian charm, modern luxury, and incredible income potential in the heart of Albuquerque! Discover this beautifully maintained 1901 Victorian home on beloved Forrester Street, where timeless architecture, lush gardens, and exceptional walkability create a truly special living experience.Step inside to soaring ceilings, gorgeous hardwood floors, an inviting entrance foyer with distinctive diamond-pane windows, and oversized windows that fill the home with natural light. The main residence features 2 bedrooms, 2 beautifully remodeled bathrooms, a spacious kitchen, dining room, living room, sun-filled enclosed porch, and laundry room. Thoughtful upgrades include brand-new mini-split heating and cooling systems, vinyl thermal windows, smart locks, and charming historic details, including a classic clawfoot tub.An exceptional opportunity awaits with the attached 1-bedroom, 1-bathroom guesthouse! Extensively remodeled and freshly painted in 2026, this versatile casita features its own private entrance, driveway, full kitchen, spacious living and dining areas, laundry, ample storage, and private garden. Previously connected to the main residence, interior access could potentially be restored.Even more exciting is the property's established rental history! The current owner has successfully operated the guesthouse as a short-term rental throughout ownership, with reported rental income reaching as much as $3,150 per month. This creates an attractive opportunity to explore supplemental income, with qualifying rental income potentially helping eligible buyers with mortgage qualification, subject to lender requirements. Future rental use and income are subject to applicable regulations and market conditions.Outside, extensively remodeled gardens, mature trees, fruit trees, a charming water feature, and inviting outdoor spaces create a peaceful private retreat. Additional garage/storage space provides everyday convenience, and all appliances convey.Perfectly positioned between Historic Old Town and Downtown Albuquerque, enjoy convenient access to local cafes, restaurants, breweries, galleries, museums, parks, shopping, and farmers markets. Forrester Street is celebrated for its distinctive neighborhood character, historic architecture, and cherished community traditions.A rare opportunity to own a piece of Albuquerque history with the added benefit of an established rental history and two distinct living spaces! Whether you're drawn to its Victorian elegance, beautifully updated interiors, versatile guesthouse, or income potential, this extraordinary property offers an exceptional combination of historic charm, modern comfort, and Downtown living.