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510 Mesilla Street SE Albuquerque, NM $ 449,114
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$ 449,114 Get more info
510 Mesilla Street SE
$ 449,114
Back to search
Share Save

510 Mesilla Street SE

Albuquerque, NM, 87108
$ 449,114
Bedrooms2 Baths1.0 Sq 3,000

Monthly Estimate*

$ 3,137

510 Mesilla Street SE, Albuquerque, NM 87108 - Image 1
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 2
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 3
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 4
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 5
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 6
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 7
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 8
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 9
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 10
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 11
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 12
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 13
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 14
510 Mesilla Street SE, Albuquerque, NM 87108 - Image 15
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Multi-Family Home for sale in Albuquerque, NM

for $449,114 with 2 bedrooms and 1 full bath. This 3,000 square foot home was built in 1960 on a lot size of 0.16.

Measure of investment performance include 6.45% cap rate at $449,114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell 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.Couple that with the impact of the citywide expansion of Netflix, Facebook,Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth.

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Multi-Family Active

Price

$ 449,114

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,691

Style

Quadruplex

Lot Size

0.16

Year Built

1960

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1058525
Features
General
Heating Central ForcedAir
Cooling EvaporativeCooling
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Refrigerator
Construction Materials Frame
Year Built 1960
Electric None
Tenant Pays Other SeeRemarks
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 41757.0
Accessibility None
County Bernalillo
Operating Expense 28070.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Emil Mann
Garage Y/N N
Green Energy Generation None
Status Active
Directions From Central and San Mateo south to Zuni east to Mesilla south to property.
City Albuquerque
Buyer Agent Compensation 3.0%
Disclosures LeadBasedPaintDisclosure RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description R-ML*
Total Units 4
MLS Area 71 - Southeast Heights
Lot Size Square Feet 6969.6
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Mesilla
Listing Terms Cash Conventional FHA
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3691.54
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour http://www.nmapartment.com/mesillaUnitC3d http://www.nmapartment.com/mesillaUnitC3d
Days on Market 0
Builder Name Unknown
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description Lot 3 & 4 Emil Mann
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Interior
Flooring Vinyl
Total Stories 1
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
Number of Buildings 1
Spa N
Building Area Total 3000.0
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
Todd Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Email

Affordability Calculator

$3,445
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,137
Monthly Property Taxes
$308
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
3/9/2024$449,114 Listed Price

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510 Mesilla Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $449,114 with 3,000 sqft and a lot size of 0.16. 510 Mesilla Street SE has 2 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 87108 which is in Albuquerque, NM

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