510 Mesilla St Se Unit 1-4, Albuquerque, NM 87108

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List Price
$430,000
Property Type
Multifamily
Lot Size
6,850
Region
Southeast Heights
Status
ACTIVE

Property Description

Great opportunity for an investor looking to add a four-unit property to their portfolio. This multifamily property features four 2-bedroom, 1-bath units, each offering a practical floor plan and its own private patio. Each unit has one designated parking space, while the property also offers the convenience of private outdoor space for residents. Heating is provided by wall-unit heaters, with swamp coolers located on the roof for cooling. The property does not currently offer on-site laundry. The roof has been recently serviced, although its exact age is unknown. The units have not had recent updates, providing an investor with the opportunity to improve and modernize the property while potentially increasing rents and long-term value. A solid opportunity for an investor seeking a multifamily property with four separate income-producing units and potential upside through future improvements. Pet deposit: $250 pet fee non-refundable $30 pet monthly pet rent Rent amounts: -Unit A&D $960 -Unit B $979 & starting 9/1 $1009 -Unit C $979 plus pet rent $25 Late fee: 5% of rent Roofing proposal (work is completed, proposal attached): $6,075

Additional Information

County
Bernalillo
Subdivison
Mann Add
Acres
0.16
Interior Features
Ceiling Fans
Appliances
Gas Range, Convection Oven, Refrigerator
Cooling
Evaporative Cooling
Flooring
Tile, Vinyl
Heating
Wall Furnace
Tenant Pays
Electricity, Gas
Roof
Tar/Gravel
Utilities
Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Zoning
R-ML*

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Calculator source: Real Geeks

Listing courtesy of Realty One of New Mexico.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.