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801 Ortiz Drive SE Albuquerque, NM $ 499,000
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$ 499,000 Get more info
801 Ortiz Drive SE
$ 499,000
Back to search
Share Save

801 Ortiz Drive SE

Albuquerque, NM, 87108
$ 499,000
Bedrooms1 Baths1.0 Sq 2,437

Monthly Estimate*

$ 3,486

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Multi-Family Home for sale in Albuquerque, NM

for $499,000 with 1 bedroom and 1 full bath. This 2,437 square foot home was built in 1952 on a lot size of 0.18.

Vacant units, completely updated over the last 3 years from with new stucco, Metal Roof, Windows, Paint, Security Bars, Refrigerated A/C, Windows, Water Heater and Appliances. All Tile flooring. Proforma Cap Rate from 6.0%. REC Considered at 50% down. Amazing and rare opportunity to invest in Albuquerque with a tenant ready 4 Plex. Contact Broker or Your Buyer Broker for Showings. Finance/Cash approved showings only. ''Exceptional income property opportunity! This well-maintained 4-plex boasts a prime location, offering a combination of modern amenities and classic charm. Each unit features spacious layouts, updated kitchens, and comfortable living spaces. With a strong rental history, this property promises a steady income stream. Take advantage of the thriving rental market.

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Multi-Family Pending

Price

$ 499,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,291

Style

Quadruplex

Lot Size

0.18

Year Built

1952

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1054932
Features
General
Interior Features CeilingFans
Heating Central ForcedAir
Cooling CentralAir Refrigerated CeilingFans
Utilities ElectricityConnected NaturalGasAvailable NaturalGasConnected SewerConnected WaterAvailable WaterConnected
Appliances FreeStandingGasRange Refrigerator
Security Features SecurityGate
Construction Materials Frame
Year Built 1952
Tenant Pays Electricity Gas
Stories 1
Levels One
Property SubType Quadruplex
County Bernalillo
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Green Energy Generation None
Status Pending
Directions San Mateo East on Trumbell to Ortiz.
City Albuquerque
Buyer Agent Compensation 3%
Disclosures LeadBasedPaintDisclosure RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description R-MH*
Total Units 4
MLS Area 71 - Southeast Heights
Lot Size Square Feet 7840.8
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Ortiz
Listing Terms Cash Conventional OwnerMayCarry Other SeeRemarks
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1291.9
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 109
Builder Name Unknown
Standard Status Pending
Year Built Source PublicRecords
Property Sub Type Additional Quadruplex
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Interior
Flooring Tile
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Total Bedrooms 1
Electric On Property Y/N N
Total Baths 1
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Exterior
Total Parking 4.0
Number of Buildings 1
Spa N
Building Area Total 2437.0
Lot Size Acres 0.18
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Thomas Gallegos

Listing Agent

Berkshire Hathaway Nm Prop

Broker

tgallegos505@gmail.com

Email

Affordability Calculator

$3,593
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
$108
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/4/2024$499,000 -9.27% Price Down
1/4/2024$550,000 Listed Price

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801 Ortiz Drive SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $499,000 with 2,437 sqft and a lot size of 0.18. 801 Ortiz Drive SE has 1 bedrooms, 1.0 baths, and was built in 1952. The property's zip code is 87108 which is in Albuquerque, NM

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