$625,000
Active
12 Days Online
1 Bed1 Bath0 SQFT
Active
2900 Palo Verde Drive NE Albuquerque, NM 87112
Explore prime investment potential in this Albuquerque fourplex! Situated in the sought-after Foothills area east of Tramway Blvd, this property offers a rare opportunity. Each unit features desirable amenities like in-unit washer/dryer and stylish tile/wood floors, and fireplaces. TPO roof and other upgrades in the last few years. Plus, tenants will enjoy outdoor space with enclosed backyards. 1.5 parking spaces per unit (6 total) and a stable 5.6% cap rate from full occupancy, this investment is a solid choice for savvy investors. Don't let this rare chance slip by!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyBernalillo
- Taxes$4,734
- HOA/Condo/Coop Fees$0
- Days on Site12 Days
- MLS StatusActive
- MLS ID Number1062424
- Home Size Source N/A
- Year Built1979
- Lot Size0.19 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Frame
- Number of Stories 11
- Acreage 0.19
- Zoning PD*
- Property Sub Type Quadruplex
- Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Interior Features
- Cooling Evaporative Cooling
- Heating CentralForced Air
- Appliances DryerDishwasherFree Standing Electric RangeRefrigeratorWasher
- Flooring TileWood
- Fireplace Features Option
- Laundry Features Washer HookupDryer HookupElectric Dryer HookupIn Unit
- Fireplace Yes
Exterior Features
- Exterior Lighting
Community Features
- MLS Area 51 - Foothills South
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Monthly Payment (Est.)
$3,333Copyright ©2024 Information is deemed reliable but not guaranteed.