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211 Texas Street NE

Albuquerque, NM 87108
  • $365,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 1077519
UPDATED: 12 min ago
$365,000
  • 1
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,500
    SQFT
  • $146
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

11.6% CAP RATE!! New TPO roof with warranty. New fencing and new stucco surfaces. No carpet. Easy maintenance. All electrical for easy inexpensive repairs. All unites have stoves and refrigerators. Some have washer hookups. Both 209 and 211 Texas must be sold together. You get the advantage of an 8-plex with the advantage of residential funding, or use seller financing with 20% down, 6% interest. Seller needs to move to another project so these units are priced to sell.

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IDX information © 2025 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: 2025-02-14T16:05:10.177.
www.sandisells.com/homes/159969021
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211 Texas Street NE Albuquerque, NM 87108

  • Price: $365,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 12 min ago
  • MLS #: 1077519
1
Beds
1
Baths
0
½ Baths
0.16
Acres
2,500
SQFT
$146
$/SQFT
1950
Built
Neighborhood:
Mesa Verde Add
County:
Bernalillo
Area:
70 - Fairgrounds
Property Description
11.6% CAP RATE!! New TPO roof with warranty. New fencing and new stucco surfaces. No carpet. Easy maintenance. All electrical for easy inexpensive repairs. All unites have stoves and refrigerators. Some have washer hookups. Both 209 and 211 Texas must be sold together. You get the advantage of an 8-plex with the advantage of residential funding, or use seller financing with 20% down, 6% interest. Seller needs to move to another project so these units are priced to sell.
Exterior Features

Construction Materials Frame Stucco Levels One

Interior Features

Appliances Free- Standing Electric Range Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Carpet Free Tile Vinyl Heating Baseboard Electric Heating YN Yes Laundry Features Washer Hookup Dryer Hookup In Unit

Property Features

Accessibility Features Wheelchair Access Builder Name Unknown Building Area Total 2500 Green Energy Generation None Gross Income 118884 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA Owner May Carry VA Loan New Construction YN No Operating Expense 33540 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 1531.16 Tenant Pays Other See Remarks Utilities Cable Available Electricity Connected Phone Connected Sewer Connected Water Connected Zoning Description R- ML*

Southwest MLS] logo Listing courtesy of Criel and Associates, LLC: (505) 615-3333. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 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: 2025-02-14T16:05:10.177.
 
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Sandi Pressley Team | Coldwell Banker Legacy
10400 Academy Rd NE Suite 100
Alburquerque NM, 87111