304-308 Pennslvania Street NE Albuquerque, NM 87108
Welcome to this exceptional investment opportunity in Albuquerque! We are proud to present a well-maintained 10-unit multifamily property offering affordable housing solutions. This property offers an opportunity for a reliable stream of rental income fulfilling a vital community need through the Section 8 housing program. Socially conscious investors provide much-needed 2-bed units with 850 SQFT layouts, with its own w/d hookups. SECT 8 housing provides stability & direct deposit of rent payments. Current rents are 50% below SECT 8 rates with current leases all at month to month. Viewing the property is available AFTER an accepted offer. Current tenants have rights. Secure your investment in this lucrative opportunity.
- Property TypeMulti-Family
- NeighborhoodLa Mesa
- CountyBernalillo
- Taxes$5,596
- HOA/Condo/Coop Fees$0
- Days on Site42 Days
- MLS StatusPending
- MLS ID Number1058913
- Home Size Source N/A
- Year Built1980
- Lot Size0.37 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Frame
- Number of Stories 22
- Acreage 0.37
- Zoning R-ML*
- Property Sub Type Multi Family
- Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedWater Connected
Interior Features
- Cooling Evaporative Cooling
- Heating CentralForced Air
- Appliances Free Standing Electric RangeRefrigerator
- Flooring CarpetTile
- Laundry Features Washer HookupDryer HookupElectric Dryer HookupIn Unit
Exterior Features
- Exterior Lighting
Community Features
- MLS Area 70 - Fairgrounds