510 Mesilla Street SE Albuquerque, NM 87108
Measure of investment performance include 6.45% cap rate at $449, 114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment.Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth.
- Property TypeMulti-Family
- NeighborhoodEmil Mann
- CountyBernalillo
- Taxes$3,691
- HOA/Condo/Coop Fees$0
- Days on Site62 Days
- MLS StatusActive
- MLS ID Number1058525
- Home Size Source N/A
- Year Built1960
- Lot Size0.16 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 510 Mesilla Street SE Albuquerque, NM 87108
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General Features
- Construction Frame
- Number of Stories 111
- Acreage 0.16
- Zoning R-ML*
- Property Sub Type Quadruplex
- Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Interior Features
- Cooling Evaporative Cooling
- Heating CentralForced Air
- Appliances Refrigerator
- Flooring Vinyl
Community Features
- MLS Area 71 - Southeast Heights