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525 Mesilla Street SE

Albuquerque, NM 87108
  • $420,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: 1009350
UPDATED: 19 min ago
$420,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Do not disturb tenants. Viewing subject to offer. Incredible 6-plex with room to improve rents. Has new plumbing and tankless water heaters. Mult-unit property is selling fast due to the high demand for rentals. This is great long term investment with immediate returns. Currently sitting at 6.8% Cap Rate. Total Units: 6; Average Unit Size: 340; Average Actual Rent: 605.83; Annualized: 43,620; Total Actual Rent: 3,635 - Owner pays utilities.

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IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2022-05-16T10:04:51.577.
www.mynmdreamhome.com/homes/126021619
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525 Mesilla Street SE Albuquerque, NM 87108

  • Price: $420,000
  • Status: Active
  • On Site: 83 Days
  • Updated: 19 min ago
  • MLS #: 1009350
0
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
71 - Southeast Heights
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
Do not disturb tenants. Viewing subject to offer. Incredible 6-plex with room to improve rents. Has new plumbing and tankless water heaters. Mult-unit property is selling fast due to the high demand for rentals. This is great long term investment with immediate returns. Currently sitting at 6.8% Cap Rate. Total Units: 6; Average Unit Size: 340; Average Actual Rent: 605.83; Annualized: 43,620; Total Actual Rent: 3,635 - Owner pays utilities.
Exterior Features

Construction Materials BlockMasonryStucco Parking Features None Parking Total 3 Road Surface Type Paved Stories Total 1

Interior Features

Cooling Evaporative Cooling Cooling YN Yes Heating BaseboardElectric Heating YN Yes

Property Features

Accessibility Features None Building Area Total 2134 Disclosures Ranm 2100 Disclosure Gross Income 43620 Land Lease YN No Leasable Area 100 Lease Considered YN No Lease Term Month To Month Listing Agreement Exclusive Right To Sell Operating Expense 10200 Property Sub Type Other Property Sub Type Additional Other Tax Annual Amount 1282.72 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-Ml*

Listing courtesy of Keller Williams Realty. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2022-05-16T10:04:51.577.
 
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The Buchman Group | Keller Williams Realty
6703 Academy Rd NE
Albuquerque NM, 87109