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908 Alcazar Street NE , A-D

Albuquerque, NM 87110
  • $765,000
  • STATUS: Active
  • ON SITE: 275 Days
  • MLS #: 1030492
UPDATED: 86 min ago
$765,000
  • 2
    BEDS
  • 0.21
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,100
    SQFT
  • $247
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Description

Are you ready to take your investment portfolio to the next level?! This fabulous four-plex has been operating as a month to month rental and has an excellent income record. Current CAP rate is 7.9% Average rent per unit is $1520 per month!!! Three of the four units come furnished and have been remodeled and are turnkey. Unit C has a long term tenant that is month to month, no lease. Renovate Unit C and mid-term rent it to increase income even more! Super convenient Abq Uptown location provides great upside!! There is room to grow the already excellent income on this property!

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IDX information © 2023 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: 2023-12-05T18:05:15.713.
www.trtnm.com/homes/137458603
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908 Alcazar Street NE , A-D Albuquerque, NM 87110

  • Price: $765,000
  • Status: Active
  • On Site: 275 Days
  • Updated: 86 min ago
  • MLS #: 1030492
2
Beds
1
Baths
0
½ Baths
0.21
Acres
3,100
SQFT
$247
$/SQFT
1977
Built
Neighborhood:
70 - Fairgrounds
County:
Bernalillo
Area:
70 - Fairgrounds
Property Description
Are you ready to take your investment portfolio to the next level?! This fabulous four-plex has been operating as a month to month rental and has an excellent income record. Current CAP rate is 7.9% Average rent per unit is $1520 per month!!! Three of the four units come furnished and have been remodeled and are turnkey. Unit C has a long term tenant that is month to month, no lease. Renovate Unit C and mid-term rent it to increase income even more! Super convenient Abq Uptown location provides great upside!! There is room to grow the already excellent income on this property!
Exterior Features

Construction Materials Frame Exterior Features Lighting Patio Levels One Parking Total 6 Patio And Porch Features Patio

Interior Features

Appliances Dryer Dishwasher Free Standing Electric Range Disposal Microwave Refrigerator Self Cleaning Oven Washer Basement YN No Cooling Central Air Refrigerated Cooling YN Yes Electric Other Fireplace YN Yes Flooring Tile Heating Central Forced Air Wood Stove Heating YN Yes

Property Features

Builder Name unknown Building Area Total 3100 Community Features Patio Gross Income 75000 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN No Occupant Type Owner Operating Expense 9900 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 4217.9 Tenant Pays None Utilities Cable Available Cable Connected Electricity Connected Phone Available Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 983-5151. © 2023 Southwest Multiple Listing Service, Inc.


IDX information © 2023 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: 2023-12-05T18:05:15.713.
 
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The Team | Realty Executives Advantage
2440 Lousiana Blvd
Albuquerque NM, 87110