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545 Palomas Drive SE

Albuquerque, NM 87108
  • $489,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 1054715
UPDATED: 27 min ago
$489,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,664
    SQFT
  • $133
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1149, 1149, and $1099 a month with one vacant currently listed for rent. Property has a 8-10% cap rate. Tenants are seasoned and pay all utilities except water, sewer, and trash. NO HOA. The Property: FOUR Freshly painted 2 bedrooms, 1 baths with a lot of money put in!! Includes all the appliances. EACH comes with its OWN BACKYARD, washer/dryer hookups, and designated parking. Brand new roof, newer furnaces and hot-water heaters. The Area: You won't believe the area as it's right next to Nob Hill, EXPO New Mexico State Fair grounds and The Downs Casino, Albuquerque International Airport, and in fact, it is only a 5 minute drive to University of New Mexico!

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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: 2024-02-26T13:05:08.313.
www.trtnm.com/homes/146253700
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545 Palomas Drive SE Albuquerque, NM 87108

  • Price: $489,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 27 min ago
  • MLS #: 1054715
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,664
SQFT
$133
$/SQFT
1963
Built
Neighborhood:
71 - Southeast Heights
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1149, 1149, and $1099 a month with one vacant currently listed for rent. Property has a 8-10% cap rate. Tenants are seasoned and pay all utilities except water, sewer, and trash. NO HOA. The Property: FOUR Freshly painted 2 bedrooms, 1 baths with a lot of money put in!! Includes all the appliances. EACH comes with its OWN BACKYARD, washer/dryer hookups, and designated parking. Brand new roof, newer furnaces and hot-water heaters. The Area: You won't believe the area as it's right next to Nob Hill, EXPO New Mexico State Fair grounds and The Downs Casino, Albuquerque International Airport, and in fact, it is only a 5 minute drive to University of New Mexico!
Exterior Features

Construction Materials Brick Exterior Features Lighting Patio Levels Two Patio And Porch Features Patio Stories Total 2

Interior Features

Appliances Disposal Refrigerator Range Hood Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Carpet Tile Heating Central Forced Air Heating YN Yes Laundry Features Washer Hookup Dryer Hookup Electric Dryer Hookup In Unit

Property Features

Accessibility Features None Builder Name Unknown Building Area Total 3664 Community Features Patio Green Energy Generation None Gross Income 40764 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VALoan New Construction YN No Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 2688.56 Tenant Pays Electricity Gas Utilities Electricity Connected Natural Gas Available Sewer Connected Water Connected Zoning Description R- MH*

Southwest MLS] logo Listing courtesy of EA Property Management: (505) 750-0255. © 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: 2024-02-26T13:05:08.313.
 
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The Team | Realty Executives Advantage
2440 Lousiana Blvd
Albuquerque NM, 87110