517-521 Palomas Drive Se Albuquerque, NM 87108

8 Units
 Print
$900,000 Est. $3,314 / mo.*
Details Directions
 Print
Property Type: Multifamily
Status: Active
Year Built: 1963
Days on Website: 6

Courtesy of Congress Realty, Inc.

Description

8 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and must be sold together for a combined $900,000. Consist of 2B/1B x4 units & 1B/1B x4 units. This well-maintained 8-unit portfolio is located in a strong rental area and features low-maintenance brick construction with secured gated parking. Units have been updated with new appliances, in-unit washers and dryers, fresh paint, upgraded plumbing, new furnaces, a swamp cooler, enhanced security gates, and a 2017 roof. Fully occupied with strong rent roll and additional upside through future lease-up at market rates.

Open House

Property Details and Features

  • Description: Dryer,Disposal,Refrigerator,RangeHood,Washer
  • Total Bathrooms: 2
  • Area: 6080
  • Building Area: 6080
  • Construction Materials: Brick,BrickVeneer
  • Levels: One
  • Year Built: 1963
  • Details: EvaporativeCooling,CeilingFans
  • Features: Lighting,Patio
  • Patio Features: Patio
  • Flooring: Tile
  • Heating: Central,ForcedAir
  • Description: WasherHookup,DryerHookup,InUnit
  • Days on Market: 1
  • Listing Price: 900000
  • Status: Active
  • Address: 517-521 PALOMAS Drive SE
  • Area: 71 - Southeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87108
  • County: Bernalillo
  • Directions: At Central and San Mateo intersection go south on San Mateo until you reach Zuni. Turn left (east) on Zuni. Take a right (south) on Palomas Dr. The property will be on the right hand side.
  • Acres: 0.16
  • Size: 0
  • Size Source: Survey
  • Parking Total: 9
  • Utilities: ElectricityAvailable,NaturalGasAvailable,SewerAvailable,WaterAvailable

Location

$900,000 - 517-521 Palomas Drive Se, Albuquerque, NM 87108
517-521 Palomas Drive Se Albuquerque, NM 87108
Address: 517-521 PALOMAS Drive SE

Street View

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby