$375,000
Active
55 Days Online
2 Beds1 Bath2,870 SQFT
Active
508 Alcazar Street SE Albuquerque, NM 87108
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%.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyBernalillo
- Taxes$4,091
- HOA/Condo/Coop Fees$0
- Days on Site55 Days
- MLS StatusActive
- MLS ID Number1069385
- Home Size Source N/A
- Year Built1945
- Lot Size0.16 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 508 Alcazar Street SE Albuquerque, NM 87108
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| 2 months ago |
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General Features
- Number of Stories 11
- 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 Free Standing Gas Range
- Flooring Tile
Community Features
- MLS Area 71 - Southeast Heights
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Monthly Payment (Est.)
$1,884Copyright ©2024 Information is deemed reliable but not guaranteed.