$433,651

512 Mesilla Street Se , Albuquerque, NM 87108

 
Bedrooms:2 beds
Bathrooms:0 baths
Residential:3,000 sqft
Lot:0.16
Year Built:1960
Listing Status:Active

Listing Agent

Todd Clarke
http://www.nmapartment.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

potential owner occupant, courtyard style fourplex with two bedroom, one bathroom units each with washer/dryer hookups or washer/dryers.The prior owner remodeled the property with a new roof, new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers new evaporative coolers updated electrical, wrought iron security fence, new toilets as well 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. Measures of investment performance at ask price of $433,651 and current average rent of $906 are a GRM of 9.97, a 6.71% cap rate, $108,413 per unit, $144.55/sf.If rents are raised to closer to market rates of $1,075 the cap rate improves to 8.10%

Detailed Items

Other Information

512 Mesilla Street Se, Albuquerque, NM, 87108 is a residential listing of 3,000 sqft on a lot of 0.16. This residential listing has 2 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property512 Mesilla Street Se, Albuquerque, NM
Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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