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525 Mesilla Street SE

Albuquerque, NM 87108
  • $420,000
  • STATUS: Pending
  • ON SITE: 104 Days
  • MLS #: 1008274
Pending
UPDATED: 129 min ago
$420,000
  • 1
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,134
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

Do not disturb tenants. Viewing subject to offer. Incredible 6-plex with room to improve rents. Has new plumbing and tankless water heaters. Mult-unit property is selling fast due to the high demand for rentals. This is great long term investment with immediate returns. Currently sitting at 6.8% Cap Rate. Total Units: 6; Average Unit Size: 340; Average Actual Rent: 605.83; Annualized: 43,620; Total Actual Rent: 3,635 - Owner pays utilities

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IDX information © 2022 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 Carson & Carson | Keller Williams Santa Fe. Data last updated: 2022-05-18T00:07:31.173.
www.santafepropertyfinder.com/homes/125283664
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525 Mesilla Street SE Albuquerque, NM 87108

  • Price: $420,000
  • Status: Pending
  • On Site: 104 Days
  • Updated: 129 min ago
  • MLS #: 1008274
1
Beds
0
Baths
0
½ Baths
0.15
Acres
2,134
SQFT
$0
$/SQFT
1950
Built
Neighborhood:
71 - Southeast Heights
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
Do not disturb tenants. Viewing subject to offer. Incredible 6-plex with room to improve rents. Has new plumbing and tankless water heaters. Mult-unit property is selling fast due to the high demand for rentals. This is great long term investment with immediate returns. Currently sitting at 6.8% Cap Rate. Total Units: 6; Average Unit Size: 340; Average Actual Rent: 605.83; Annualized: 43,620; Total Actual Rent: 3,635 - Owner pays utilities
Exterior Features

Construction Materials BlockMasonry Exterior Features Landscaping Levels One

Interior Features

Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Tile Heating BaseboardElectric Heating YN Yes

Property Features

Accessibility Features None Builder Name Unknown Building Area Total 2134 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 1282.72 Tenant Pays OtherSee Remarks Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-Ml*

Listing courtesy of Keller Williams Realty. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 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 Carson & Carson | Keller Williams Santa Fe. Data last updated: 2022-05-18T00:07:31.173.
 
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Carson & Carson | Keller Williams Santa Fe
130 Lincoln Ave suite k
Santa Fe NM, 87501