517-521 PALOMAS DR SE new Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87108
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,080 sqft
Price per Sqft $148
MLS Listing ID 1090425
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1963
Annual Tax Amount $10,286
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Survey
Property Sub-Type Multi Family
Property 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.
Location
State NM
County Bernalillo
Area 71 - Southeast Heights
Interior
Interior Features Ceiling Fan(s)
Heating Central, Forced Air
Cooling Evaporative Cooling, Ceiling Fan(s)
Flooring Tile
Fireplace No
Appliance Dryer,Disposal,Refrigerator,Range Hood,Washer
Laundry Washer Hookup, Dryer Hookup, In Unit
Exterior
Exterior Feature Lighting, Patio
Community Features Patio
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Accessibility None
Porch Patio
Total Parking Spaces 9
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101805608950522708
Security Features Security Gate
Acceptable Financing Cash,Conventional
Green/Energy Cert None
Listing Terms Cash,Conventional