510 Mesilla Street Se Albuquerque, NM 87108

4 Units
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$449,114 Est. $1,597 / mo.*
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Property Type: Quadruplex
Status: Active
Year Built: 1960
Neighborhood: Emil Mann
Days on Website: 60

Courtesy of NM Apartment Advisors, Inc..

Description

Measure of investment performance include 6.45% cap rate at $449,114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment.Couple that with the impact of the citywide expansion of Netflix, Facebook,Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth.

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Property Details and Features

  • Description: Refrigerator
  • Total Bathrooms: 2
  • Area: 3000
  • Building Area: 3000
  • Construction Materials: Frame
  • Levels: One
  • Year Built: 1960
  • Details: EvaporativeCooling
  • Flooring: Vinyl
  • Heating: Central,ForcedAir
  • Days on Market: 0
  • Listing Price: 449114
  • Status: Active
  • Address: 510 Mesilla Street SE
  • Area: 71 - Southeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87108
  • County: Bernalillo
  • Subdivision: Emil Mann
  • Directions: From Central and San Mateo south to Zuni, east to Mesilla, south to property.
  • Acres: 0.16
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
$449,114 - 2Br/Ba - for Sale in Emil Mann, Albuquerque
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Location

$449,114 - 510 Mesilla Street Se, Albuquerque, NM 87108
510 Mesilla Street Se Albuquerque, NM 87108
Address: 510 Mesilla Street SE

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