121 Terrace Street Se Albuquerque, NM 87106

6 Units
Property Type: Multifamily
Status: Active
Year Built: 1955
Days on Website: 38

Courtesy of Maddox & Co/REALTORS.

Description

Prime UNM location! Silver Hills neighborhood. 2 buildings - 121 Terrace - Four - 1 bedroom 1 bath units. 500SF each. Wall heater and window units for cooling.Each rented for $800/month. Current lease agreements. 117 & 119 Terrace is separate duplex. Both units are 1 bedroom 1 bath unit with screened front porches. Hardwood floors. Living room, dining room, full bath of bedroom and each unit has a basement for storage. 117 Terrace - 650SF long term tenant at below market rent. $625/m. M/M lease. 119 Terrace - 800SF. $975/m. M/M lease. Add cosmetic updates for instant equity! Flooring and fixtures can go along way. Priced to sell AS-IS. Please do not disturb tenants. Offer subject to inspection. NO RECs. Portfolio financing options available.

Open House

Property Details and Features

  • Description: FreeStandingGasRange,Refrigerator
  • Total Bathrooms: 1
  • Area: 3450
  • Building Area: 3450
  • Construction Materials: Block,Frame
  • Levels: One
  • Year Built: 1955
  • Details: WindowUnits
  • Flooring: Laminate,Vinyl,Wood
  • Heating: FloorFurnace,WallFurnace
  • Days on Market: 15
  • Listing Price: 545000
  • Status: Active
  • Address: 121 TERRACE Street SE
  • Area: 42 - UNM South
  • City: Albuquerque
  • State: NM
  • Zip: 87106
  • County: Bernalillo
  • Directions: From Central and University, head East on Central to Terrace. South to property.
  • Acres: 0.08
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected