508 Alcazar Street Se Albuquerque, NM 87108

4 Units
 Print
$375,000 Est. $1,381 / mo.*
Details Directions
 Print
Property Type: Quadruplex
Status: Active
Year Built: 1945
Days on Website: 88

Courtesy of Keller Williams Realty.

Description

Incredible investment opportunity for this one story 4 unit property. Each unit is 2 bedrooms 1 bath with exceptional but improvable rents. 1 off street parking for each tenant plus on street parking. Current HUD guidelines have rents from $900-1144 for a 2/1. All units separately metered for electric and gas (tenant pays). Owner pays water, sewer, trash. The property is gated with a low maintenance yard. Call for lease information. Avg rent of $837.50 and $93,750 per unit $130.66 per sq/ft. Minimal expenses with current cap rate of 7.5%.

Open House

Property Details and Features

  • Description: FreeStandingGasRange
  • Total Bathrooms: 2
  • Area: 2870
  • Building Area: 2870
  • Levels: One
  • Year Built: 1945
  • Details: EvaporativeCooling
  • Flooring: Tile
  • Heating: Central,ForcedAir
  • Days on Market: 64
  • Listing Price: 375000
  • Status: Active
  • Address: 508 Alcazar Street SE
  • Area: 71 - Southeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87108
  • County: Bernalillo
  • Directions: Louisiana Blvd South to Bell. East on Bell to Alcazar. South on Alcazar to property on the right.
  • Acres: 0.16
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected

Location

$375,000 - 508 Alcazar Street Se, Albuquerque, NM 87108
508 Alcazar Street Se Albuquerque, NM 87108
Address: 508 Alcazar Street SE

Street View

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby