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    510 & 512 Mesilla Street SE

    Albuquerque, NM 87108
    • $699,500
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: 999286
    UPDATED: 36 min ago
    $699,500
    • 2
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,200
      SQFT
    • $135
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Hard-to-find remodeled 8-plex at 6.6% cap rate! Easily improvable to 7.1%! Perfect for an investor who is looking for a high return with the major improvements already completed. 2020 remodel includes new roof, windows, updated electrical panels, synthetic stucco, evaporative coolers, washers and dryers, bath vanities, toilets, paint and wrought iron privacy gate. Other updates include many new water heaters and heaters, and solid surface flooring. No carpet in any of these units. This offering is part of a 37-unit portfolio. For details see attachment.

    Monthly Payment Calculator



    IDX information © 2021 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: 2021-09-21T15:04:55.737.
    www.sandisells.com/homes/120647164
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    510 & 512 Mesilla Street SE Albuquerque, NM 87108

    • Price: $699,500
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 999286
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,200
    SQFT
    $135
    $/SQFT
    1960
    Built
    Neighborhood:
    71 - Southeast Heights
    County:
    Bernalillo
    Area:
    71 - Southeast Heights
    Property Description
    Hard-to-find remodeled 8-plex at 6.6% cap rate! Easily improvable to 7.1%! Perfect for an investor who is looking for a high return with the major improvements already completed. 2020 remodel includes new roof, windows, updated electrical panels, synthetic stucco, evaporative coolers, washers and dryers, bath vanities, toilets, paint and wrought iron privacy gate. Other updates include many new water heaters and heaters, and solid surface flooring. No carpet in any of these units. This offering is part of a 37-unit portfolio. For details see attachment.
    Exterior Features

    Construction Materials Frame Exterior Features Landscaping Levels One Parking Total 8

    Interior Features

    Appliances DryerFree-Standing Electric RangeMicrowaveRefrigeratorWasher Basement YN No Bathrooms Total Integer 1 Cooling Evaporative CoolingCeiling Fan(S) Cooling YN Yes Electric None Flooring LaminateTile Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

    Property Features

    Accessibility Features None Additional Parcels YN Yes Builder Name Unknown Building Area Total 5200 Disclosures Lead Based Paint DisclosurePrincipal is Real Estate LicensedRanm 2100 Disclosure Gross Income 46337 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 30188 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 3734 Tenant Pays OtherSee Remarks Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedWater Connected Zoning Description R-Ml*

    Listing courtesy of Dave Slade & Associates Llc. © 2021 Southwest Multiple Listing Service, Inc.


    IDX information © 2021 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: 2021-09-21T15:04:55.737.
     
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    Sandi Pressley Team | Coldwell Banker Legacy
    10400 Academy Rd NE Suite 100
    Alburquerque NM, 87111