2900 Palo Verde Drive NE, Albuquerque, NM 87112

$637,500
1
BD
1
BA
List Price
$637,500
MLS#
1062424
Property Type
Multifamily
Bedrooms
1
Bathrooms
1
Lot Size
8,276
Region
Foothills South
Status
ACTIVE

Property Description

Explore prime investment potential in this Albuquerque fourplex! Situated in the sought-after Foothills area east of Tramway Blvd, this property offers a rare opportunity. Each unit features desirable amenities like in-unit washer/dryer and stylish tile/wood floors, and fireplaces. TPO roof and other upgrades in the last few years. Plus, tenants will enjoy outdoor space with enclosed backyards. 1.5 parking spaces per unit (6 total) and a stable 5.6% cap rate from full occupancy, this investment is a solid choice for savvy investors. Don't let this rare chance slip by!

Additional Information

County
Bernalillo
Acres
0.19
Exterior Features
Lighting
Appliances
Dryer, Dishwasher, Free-Standing Electric Range, Refrigerator, Washer
Construction
Frame
Cooling
Evaporative Cooling
Flooring
Tile, Wood
Heating
Central, Forced Air
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning
PD*

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of 360 Ventures Real Estate.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.