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508 ALCAZAR ST SE ALBUQUERQUE, NM 87108
- 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: 100
- 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.