1028 Alvarado Drive Se Albuquerque, NM 87108

12 Units
Property Type: Multifamily
Status: Active
Year Built: 1955
Days on Website: 75

Courtesy of Rhino Realty Property Mgmt LLC.

Description

SELLER FINANCING:5 year call, 5% interest, 30 year amortization, 15% down payment.12 unit apartment complex for sale! This multifamily property is settled in one of Albuquerque's up and coming neighborhoods: South San Pedro. Significant investor activity has lead to improving properties all throughout the area which helps to increase rent and tenant basis. This property offers off-street tenant parking and backyards. Property consists of 8 rehabbed units, newer windows, roof, electric panels, exterior paint, all new AC units, and some newer wall heaters as well.

Open House

Property Details and Features

  • Levels: One
  • Construction Materials: Brick,Frame
  • Year Built: 1955
  • Description: Refrigerator,RangeHood
  • Total Bathrooms: 1
  • Details: EvaporativeCooling
  • Features: Landscaping,Lighting
  • Flooring: Carpet,Tile
  • Heating: WallFurnace
  • Days on Market: 52
  • Listing Price: 1250000
  • 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