1028 Alvarado Drive Se Albuquerque, NM 87108

12 Units
Property Type: Multifamily
Status: Active
Year Built: 1955
Days on Website: 265

Courtesy of R1 Commercial.

Description

12 unit apartment complex for sale! back to market! Price has been lowered $220K, motivated seller priced to sell! The property is turn-key with over $200K in capex put into the property. All of the major components have been replaced/updated. Property consists of 9 top to bottom rehabbed units, newer windows, roof, electric panels, exterior paint, all new AC units, and newer wall heaters as well. Property brings in a total of $8,420 in rent monthly and has low operational costs.

Open House

Property Details and Features

  • Description: Refrigerator,RangeHood
  • Total Bathrooms: 1
  • Construction Materials: Brick,Frame,Stucco
  • Levels: One
  • Year Built: 1955
  • Details: EvaporativeCooling
  • Features: Landscaping,Lighting
  • Flooring: Carpet,Tile
  • Heating: WallFurnace
  • Days on Market: 176
  • Listing Price: 1030000
  • Status: Active
  • Address: 1028 Alvarado Drive SE
  • Area: 71 - Southeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87108
  • County: Bernalillo
  • Directions: Google maps.
  • Acres: 0.37
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityAvailable,NaturalGasAvailable,SewerConnected,WaterAvailable,WaterConnected