Multi-Family: MLS #1057567 Albuquerque, NM $ 395,000
Multi-Family: MLS #1057567
$ 395,000
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Multi-Family: MLS #1057567

Albuquerque, NM, 87108
$ 395,000
Bedrooms2 Baths1.0 Sq 2,546

Monthly Estimate*

$ 2,759

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Multi-Family Home for sale in Albuquerque, NM

for $395,000 with 2 bedrooms and 1 full bath. This 2,546 square foot home was built in 1972 on a lot size of 0.16.

This charming brick fourplex offers a desirable living arrangement with three 2-bedroom units and one 3-bedroom unit which includes a laundry room and boasts a spacious private yard providing a tranquil outdoor space. This setup presents an excellent opportunity for homeownership with the potential to generate rental income from the additional units, enabling the possibility of offsetting mortgage and maintenance costs. The property's layout and features, make it an attractive option for individuals seeking both a comfortable living space and a smart investment opportunity.

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Multi-Family Active

Price

$ 395,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,795

Style

Quadruplex

Lot Size

0.16

Year Built

1972

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1057567

Features
General
Heating WallFurnace
Cooling EvaporativeCooling
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances FreeStandingElectricRange Refrigerator RangeHood
Exterior Features Lighting
Construction Materials Frame
Year Built 1972
Tenant Pays Electricity Gas
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 35400.0
County Bernalillo
Operating Expense 5400.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Green Energy Generation None
Status Active
Directions West On Central From Wyoming North On Tennessee
City Albuquerque
Buyer Agent Compensation 3%
Disclosures LeadBasedPaintDisclosure PrincipalisRealEstateLicensed RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description R-ML*
Total Units 4
MLS Area 70 - Fairgrounds
Lot Size Square Feet 6969.6
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Tennessee
Listing Terms Cash Conventional FHA
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1795.76
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 0
Builder Name unknown
Standard Status Active
Year Built Source PublicRecords
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Laminate Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Total Bedrooms 2
Electric On Property Y/N N
Total Baths 1
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Exterior
Total Parking 6.0
Number of Buildings 4
Spa N
Building Area Total 2546.0
Lot Size Acres 0.16
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
Lidia Temple

Listing Agent

Re/Max Exclusive

Broker

lilytemple@remax.net

Email

Affordability Calculator

$2,909
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,759
Monthly Property Taxes
$150
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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Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/22/2024$395,000 Listed Price

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