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501 Charleston Street SE

Albuquerque, NM 87108
  • $375,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 1064575
$375,000
  • 2
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,880
    SQFT
  • $130
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Description

Great investment property! Always rented! Rents can be raised. Tenants are month to month. Current CAP rate is 8.01%.Seller pays some gas and electric for tenants with higher rents. Most flooring is laminate or tile. Only one unit has carpet in bedrooms. Each unit has a storage closet, Property is completely fenced with gate to courtyard, as well. Located near parks, school, and KAFB. Fourplex next door at 505 has its own legal but needs to be sold together with 501! Do not disturb tenants. 10 parking spaces for each four plex in gated and paved lot. Seller pays for outside lighting. Note: Seller pays gas and electric for one unit with higher rent of $950/mo. Call LA for more info.

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IDX information © 2024 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: 2024-06-15T00:05:10.557.
www.trtnm.com/homes/151388076
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501 Charleston Street SE Albuquerque, NM 87108

  • Price: $375,000
  • Status: Active
  • On Site: 8 Days
  • MLS #: 1064575
2
Beds
1
Baths
0
½ Baths
0.16
Acres
2,880
SQFT
$130
$/SQFT
1977
Built
Neighborhood:
Emil Mann Addition
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
Great investment property! Always rented! Rents can be raised. Tenants are month to month. Current CAP rate is 8.01%.Seller pays some gas and electric for tenants with higher rents. Most flooring is laminate or tile. Only one unit has carpet in bedrooms. Each unit has a storage closet, Property is completely fenced with gate to courtyard, as well. Located near parks, school, and KAFB. Fourplex next door at 505 has its own legal but needs to be sold together with 501! Do not disturb tenants. 10 parking spaces for each four plex in gated and paved lot. Seller pays for outside lighting. Note: Seller pays gas and electric for one unit with higher rent of $950/mo. Call LA for more info.
Exterior Features

Construction Materials Frame Stucco Exterior Features Landscaping Lighting Levels Two Parking Total 10 Stories Total 2

Interior Features

Appliances Free Standing Gas Range Refrigerator Range Hood Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Carpet Laminate Tile Heating Central Forced Air Heating YN Yes

Property Features

Additional Parcels YN Yes Builder Name Unknown Building Area Total 2880 Community Features Deck Porch Storage Facilities Green Energy Generation None Gross Income 40200 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN No Operating Expense 10173 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 3181.88 Tenant Pays Electricity Gas Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of RE/MAX SELECT: (505) 798-1000. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 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: 2024-06-15T00:05:10.557.
 
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