1501 Central Avenue NE Albuquerque, NM $ 465,000
1501 Central Avenue NE
$ 465,000
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1501 Central Avenue NE

Albuquerque, NM, 87106
$ 465,000
Bedrooms1 Baths1.0 Sq 1,472

Monthly Estimate*

$ 2,785

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Multi-Family Home for sale in Albuquerque, NM

for $465,000 with 1 bedroom and 1 full bath. This 1,472 square foot home was built in 1920 on a lot size of 0.07.

Discover a fantastic investment opportunity with this great triplex, ideally situated just two blocks from UNM and Presbyterian Hospital. This property has been thoughtfully updated and boasts good tenants, ensuring high occupancy and solid returns. With its prime location, it's incredibly easy to rent and manage, making it a hassle-free addition to your portfolio. Don't miss out on this well-maintained triplex that promises both convenience and profitability!

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Multi-Family Active

Price

$ 465,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,835

Style

Triplex

Lot Size

0.07

Year Built

1920

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1063717

Features
General
Interior Features CeilingFans
Heating WallFurnace
Cooling EvaporativeCooling WindowUnits CeilingFans
Utilities ElectricityConnected NaturalGasConnected
Appliances FreeStandingGasRange Refrigerator
Exterior Features Landscaping
Construction Materials Frame Stucco
Year Built 1920
Tenant Pays Electricity Gas
Stories 1
Levels One
Property SubType Triplex
Accessibility None
County Bernalillo
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Green Energy Generation None
Status Active
Directions West on Central from University to NE corner of Maple and Central
City Albuquerque
Disclosures LeadBasedPaintDisclosure PrincipalisRealEstateLicensed RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description MX-M*
NumberOfUnitsTotal 3
MLS Area 40 - UNM
Lot Size Square Feet 3049.2
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms Cash Conventional VALoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2835.66
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 92
Builder Name Unknown
Standard Status Active
Property Sub Type Additional Triplex
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Interior
Flooring Tile Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 1
Electric On Property Y/N N
Total Baths 1
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Exterior
Number of Buildings 2
Spa N
Building Area Total 1472.0
Lot Size Acres 0.07
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
Aldo Reza

Listing Agent

Reza Realty

Broker

aldo@rezarealtynm.com

Email

Affordability Calculator

$3,021
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,785
Monthly Property Taxes
$236
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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
5/23/2024$465,000 Listed Price

Map


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1501 Central Avenue NE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $465,000 with 1,472 sqft and a lot size of 0.07. 1501 Central Avenue NE has 1 bedrooms, 1.0 baths, and was built in 1920. The property's zip code is 87106 which is in Albuquerque, NM