• Asking Price $375,000
  • Estimated Value: $150,926
  • 508 ALCAZAR ST SE ALBUQUERQUE, NM 87108

  • 4 Beds 4 Baths 2,870 SqFt
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 508 ALCAZAR ST SE, ALBUQUERQUE, NM 87108

Features

  • Price/sqft: $130
  • Lot Size: 6752 sq. ft.
  • Total Units: 4
  • Room List: Bedroom 1, Bedroom 2
  • Stories: 1
  • Roof Type: FLAT
  • Heating: Central Furnace,Forced Air

Facts

  • Year Built: 01/01/1945
  • Property ID: 910144922
  • MLS Number: 1069385
  • Parcel Number: 1-019-056-042-446-2-11-16
  • Property Type: Multi-family (5 or more units)
  • County: BERNALILLO
  • Legal Description: * 003 011EMIL MANN
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Incredible investment opportunity for this one story 4 unit property. Each unit is 2 bedrooms 1 bath with exceptional but improvable rents. 1 off street parking for each tenant plus on street parking. Current HUD guidelines have rents from $900-1144 for a 2/1. All units separately metered for electric and gas (tenant pays). Owner pays water, sewer, trash. The property is gated with a low maintenance yard. Call for lease information. Avg rent of $837.50 and $93,750 per unit $130.66 per sq/ft. Minimal expenses with current cap rate of 7.5%.

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Property Brokerage: Keller Williams Realty 6240 Riverside Plaza NW #100 Albuquerque NM 87120
Copyright © 2024 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.