510 Mesilla Street Se, Unit 1-4, Albuquerque, NM 87108

$430,000
  • 510 Mesilla Street Se, Unit 1-4, Albuquerque, NM 87108 Main Photo

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New to the Market Active
BEDS2 BATHS SQUARE FEET2,700 MLS#1109913
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMann Add

Property Description

Great opportunity for an investor looking to add a four-unit property to their portfolio. This multifamily property features four 2-bedroom, 1-bath units, each offering a practical floor plan and its own private patio.Each unit has one designated parking space, while the property also offers the convenience of private outdoor space for residents. Heating is provided by wall-unit heaters, with swamp coolers located on the roof for cooling. The property does not currently offer on-site laundry.The roof has been recently serviced, although its exact age is unknown. The units have not had recent updates, providing an investor with the opportunity to improve and modernize the property while potentially increasing rents and long-term value.A solid opportunity for an investor seeking a multifamily property with four separate income-producing units and potential upside through future improvements.Pet deposit:$250 pet fee non-refundable$30 pet monthly pet rentRent amounts:-Unit A&D $960-Unit B $979 & starting 9/1 $1009-Unit C $979 plus pet rent $25Late fee:5% of rentRoofing proposal (work is completed, proposal attached):$6,075

510 Mesilla Street Se, Unit 1-4 | MLS# 1109913

This multi-family property located at 510 Mesilla Street Se, Unit 1-4, Albuquerque, NM 87108 is currently listed for sale with an asking price of $430,000. Search Albuquerque real estate on jlong.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling, Ceiling Fan(s)
Heating: Wall Furnace
Lot Size: 0.16 Acres
Stories: 1.0
Taxes: $4,409
Year Built: 1960

Amenities

Ceiling Fan(s)
Patio

Feature Descriptions

Accessibility: None
Appliances: Built-In Gas Range, Convection Oven, Refrigerator
Community Features: Patio
Exterior: Synthetic Stucco
Flooring: Tile, Vinyl
Parcel#: 101905610544621315
Patio/Porch: Patio
Security: Security Gate
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: Realty One of New Mexico
Agency Phone: (505) 883-9400

Shown By

Agent Name: John Long
Agent Phone: (505) 263-1499
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 1,449.83 per month $956.99 Principal & Interest $367.42 Property Tax $125.42 Homeowner's Insurance

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