MLS# 1098651 – 805 Ortiz Drive Se, Albuquerque, NM 87108
Turnkey 4-plex with major upgrades and strong upside potential. Three of four 1BR/1BA units fully remodeled including brand new kitchen cabinets and countertops, new bath surrounds and vanities, new water heaters, new wall heater units, and many new windows. Refinished hardwood floors, fresh paint, and updated lighting throughout. New roof currently being installed, reducing near-term capital expenses. Current gross rents $3,556/month with one inherited lease at $650 well below market, creating built-in value-add opportunity.
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