Listing Courtesy of: Carlos Martinez - Keller Williams Realty
505-897-1100
505-350-8184
$375,000
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508 Alcazar Street Albuquerque, NM 87108
Fourplex
Residence
2
Beds
1
Baths
2,870
Sq. Ft.
0.16
Acre
Lot
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Incredible investment opportunity for this one story 4 unit property. Each unit is 2 bedrooms 1 bath with exceptional but improvable rents. 1 off street parking for each tenant plus on street parking. Current HUD guidelines have rents from $900-1144 for a 2/1. All units separately metered for electr...ic and gas (tenant pays). Owner pays water, sewer, trash. The property is gated with a low maintenance yard. Call for lease information. Avg rent of $837.50 and $93,750 per unit $130.66 per sq/ft. Minimal expenses with current cap rate of 7.5%.
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MLS#
1069385
Property Type
Fourplex
Bedrooms
2
Bathrooms
Year Built
1945
Square Feet
2,870
sq. ft
Lot Size
0.16
Sewer
Sewer Connected
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