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1028 Alvarado Drive SE

Albuquerque, NM 87108
  • $1,250,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 1058187
UPDATED: 143 min ago
$1,250,000
  • 1
    BEDS
  • 0.37
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

SELLER FINANCING:5 year call, 5% interest, 30 year amortization, 15% down payment.12 unit apartment complex for sale! This multifamily property is settled in one of Albuquerque's up and coming neighborhoods: South San Pedro. Significant investor activity has lead to improving properties all throughout the area which helps to increase rent and tenant basis. This property offers off-street tenant parking and backyards. Property consists of 8 rehabbed units, newer windows, roof, electric panels, exterior paint, all new AC units, and some newer wall heaters as well.

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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 Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2024-04-24T00:06:23.313.
www.sandisells.com/homes/148268091
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1028 Alvarado Drive SE Albuquerque, NM 87108

  • Price: $1,250,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 143 min ago
  • MLS #: 1058187
1
Beds
1
Baths
0
½ Baths
0.37
Acres
1955
Built
Neighborhood:
71 - Southeast Heights
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
SELLER FINANCING:5 year call, 5% interest, 30 year amortization, 15% down payment.12 unit apartment complex for sale! This multifamily property is settled in one of Albuquerque's up and coming neighborhoods: South San Pedro. Significant investor activity has lead to improving properties all throughout the area which helps to increase rent and tenant basis. This property offers off-street tenant parking and backyards. Property consists of 8 rehabbed units, newer windows, roof, electric panels, exterior paint, all new AC units, and some newer wall heaters as well.
Exterior Features

Construction Materials Brick Frame Exterior Features Landscaping Lighting Levels One

Interior Features

Appliances Refrigerator Range Hood Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Carpet Tile Heating Wall Furnace Heating YN Yes

Property Features

Builder Name Unkown Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN No Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 3600.78 Tenant Pays Electricity Gas Water Utilities Electricity Available Natural Gas Available Sewer Connected Water Available Water Connected Zoning Description MX- M*

Southwest MLS] logo Listing courtesy of Rhino Realty Property Mgmt LLC: (505) 856-0033. © 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 Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2024-04-24T00:06:23.313.
 
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Sandi Pressley Team | Coldwell Banker Legacy
10400 Academy Rd NE Suite 100
Alburquerque NM, 87111