1812 Mary Ellen Street Ne Albuquerque, NM 87112

8 Units
Property Type: Multifamily
Status: Active
Year Built: 1971
Neighborhood: Snow Height Addition
Days on Website: 24

Courtesy of Coldwell Banker Legacy.

Description

Value-add investment with immediate upside! Two 4-plexes (1812 Mary Ellen and 1816 Mary Ellen, 8 units total) sold together--each on its own deeded lot. 6 of 8 units currently rented, offering solid income with significant upside. Below-market rents present a strong opportunity to increase cash flow and long-term ROI. All units are 2 bed, 1 bath with functional layouts that are easy to rent. Located in a high-demand, appreciating area near transit, major employers, schools, and shopping. A units have private backyards; B units have side yards. All units include storage. Well-lit off-street parking.

Open House

Property Details and Features

  • Description: FreeStandingElectricRange,Refrigerator
  • Total Bathrooms: 2
  • Levels: One
  • Year Built: 1971
  • Details: EvaporativeCooling
  • Features: Landscaping
  • Flooring: Carpet,Vinyl
  • Heating: Central,ForcedAir
  • Days on Market: 1
  • Listing Price: 990000
  • Status: Active
  • Address: 1812 Mary Ellen Street NE
  • Area: 50 - Northeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87112
  • County: Bernalillo
  • Subdivision: Snow Height Addition
  • Directions: From I-40 and Eubank, north to Indian School, east to Mary Ellen, north to property.
  • Acres: 0.25
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,SewerConnected,WaterConnected