209-211 Texas Street Ne Albuquerque, NM 87108

8 Units
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$730,000 Est. $2,688 / mo.*
Details Directions
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Property Type: Multifamily
Status: Active
Year Built: 1950
Neighborhood: Mesa Verde Add
Days on Website: 40

Courtesy of Criel and Associates, LLC.

Description

11.6% CAP RATE!! All units rented, no vacancies, auto-renewal on leases. New fencing, new TPO roof, new stucco surfaces. Low maintenance, no carpet, freshly painted. All electric for inexpensive easy repairs. Four units have washer hookups. All units have stoves and refrigerators. This is a property with two four-plexes surrounding a courtyard. Both four-plexus must be sold together. Get the advantage of an 8 plex with residential funding, or use seller financing: 20% down, 6% interest

Open House

Property Details and Features

  • Description: FreeStandingElectricRange,Refrigerator
  • Total Bathrooms: 2
  • Area: 5150
  • Building Area: 5150
  • 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: 1
  • Listing Price: 730000
  • Status: Active
  • Address: 209-211 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, No sign. Do not disturb tenants. Both buildings must be sold together. Seller financing available with at least 20%.down payment, 6% interest
  • Acres: 0.32
  • Size: 0
  • Size Source: PublicRecords
  • Parking Total: 12
  • Utilities: ElectricityConnected,PhoneConnected,SewerConnected,WaterConnected

Location

$730,000 - 209-211 Texas Street Ne, Albuquerque, NM 87108
209-211 Texas Street Ne Albuquerque, NM 87108
Address: 209-211 TEXAS Street NE

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