3208 Wellesley Court Ne Albuquerque, NM 87107

4 Units
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$485,000 Est. $1,725 / mo.*
Details Directions
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Property Type: Quadruplex
Status: Active
Year Built: 1973
Days on Website: 86

Courtesy of Duke City Real Estate Services.

Description

Renovated, solid four-plex with rents improved to market rates. Three new one-year leases and one month-to-month that could be improved as well. New roof, flooring, paint, appliances, and ductless mini-splits. Primary measure of investment is a 5.4% CAP rate at asking price. Record low inventory plus convenient central city location equals low vacancy.

Open House

Property Details and Features

  • Description: Dishwasher,FreeStandingGasRange,Refrigerator
  • Total Bathrooms: 2
  • Area: 2430
  • Building Area: 2430
  • Construction Materials: Frame
  • Levels: One
  • Year Built: 1973
  • Details: Ductless
  • Features: Lighting
  • Flooring: Vinyl
  • Heating: Ductless
  • Days on Market: 0
  • Listing Price: 485000
  • Status: Active
  • Address: 3208 Wellesley Court NE
  • Area: 41 - Uptown
  • City: Albuquerque
  • State: NM
  • Zip: 87107
  • County: Bernalillo
  • Directions: From Carlisle between Candelaria and Comanche, West on Aztec. South on Wellesley Ct. to end of cul-de-sac. Property is back left corner.
  • Acres: 0.22
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: CableConnected,ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected

Location

$485,000 - 3208 Wellesley Court Ne, Albuquerque, NM 87107
3208 Wellesley Court Ne Albuquerque, NM 87107
Address: 3208 Wellesley Court NE

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