209 Texas Street Ne Albuquerque, NM 87108

4 Units
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$365,000 Est. $1,344 / mo.*
Details Directions
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Property Type: Quadruplex
Status: Active
Year Built: 1950
Neighborhood: Mesa Verde Add
Days on Website: 75

Courtesy of Criel and Associates, LLC.

Description

11.6% CAP RATE!! All unites are rented with renewable leases. 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.

Open House

Property Details and Features

  • Description: FreeStandingElectricRange,Refrigerator
  • Total Bathrooms: 2
  • Area: 2650
  • Building Area: 2650
  • Construction Materials: Frame,Stucco
  • Levels: One
  • Year Built: 1950
  • Details: EvaporativeCooling
  • Flooring: CarpetFree,Tile,Vinyl
  • Heating: Baseboard,Electric
  • Description: WasherHookup,DryerHookup,InUnit
  • Days on Market: 42
  • Listing Price: 365000
  • Status: Active
  • Address: 209 TEXAS Street NE
  • Area: 70 - Fairgrounds
  • City: Albuquerque
  • State: NM
  • Zip: 87108
  • County: Bernalillo
  • Subdivision: Mesa Verde Add
  • Directions: From Copper and Wyoming, go west to Texas. South to property, 4 plex on west side. No sign. Do not disturb tenants. 4-plex at 211 Texas is also available, and both buildings must be sold together. Seller financing available with substantial down payment, at least 20%.
  • Acres: 0.16
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: CableAvailable,ElectricityConnected,PhoneConnected,SewerConnected,WaterConnected

Location

$365,000 - 209 Texas Street Ne, Albuquerque, NM 87108
209 Texas Street Ne Albuquerque, NM 87108
Address: 209 TEXAS Street NE

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