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209-211 Texas Street NE

Albuquerque, NM 87108
  • $730,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 1077518
UPDATED: 29 min ago
$730,000
  • 2
    BEDS
  • 0.32
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 5,150
    SQFT
  • $142
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

11.6% CAP RATE!! All units rented, no vacancies, auto-renewal on leases. New fencing, new TPO roof, new stucco surfaces. Low maintenance, no carpet, freshly painted. All electric for inexpensive easy repairs. Four units have washer hookups. All units have stoves and refrigerators. This is a property with two four-plexes surrounding a courtyard. Both four-plexus must be sold together. Get the advantage of an 8 plex with residential funding, or use seller financing: 20% down, 6% interest

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2025-02-19T07:05:06.687.
www.trtnm.com/homes/159969022
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209-211 Texas Street NE Albuquerque, NM 87108

  • Price: $730,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 29 min ago
  • MLS #: 1077518
2
Beds
1
Baths
0
½ Baths
0.32
Acres
5,150
SQFT
$142
$/SQFT
1950
Built
Neighborhood:
Mesa Verde Add
County:
Bernalillo
Area:
70 - Fairgrounds
Property Description
11.6% CAP RATE!! All units rented, no vacancies, auto-renewal on leases. New fencing, new TPO roof, new stucco surfaces. Low maintenance, no carpet, freshly painted. All electric for inexpensive easy repairs. Four units have washer hookups. All units have stoves and refrigerators. This is a property with two four-plexes surrounding a courtyard. Both four-plexus must be sold together. Get the advantage of an 8 plex with residential funding, or use seller financing: 20% down, 6% interest
Exterior Features

Construction Materials Frame Stucco Levels One Parking Total 12 Stories Total 1

Interior Features

Appliances Free- Standing Electric Range Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Carpet Free Tile Vinyl Heating Baseboard Electric Heating YN Yes Laundry Features Washer Hookup Dryer Hookup In Unit

Property Features

Accessibility Features Wheelchair Access Builder Name Unknown Building Area Total 5150 Green Energy Generation None Gross Income 118884 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA Owner May Carry VA Loan New Construction YN No Operating Expense 33540 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 3062.32 Tenant Pays Other See Remarks Utilities Electricity Connected Phone Connected Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of Criel and Associates, LLC: (505) 615-3333. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2025-02-19T07:05:06.687.
 
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