508 Alcazar Street SE, Albuquerque NM 87108

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$375,000

508 Alcazar Street SE, Albuquerque, NM 87108

bedrooms

bathrooms

square feet

2,870

Acreage

0.16

Open Houses

year built

1945

Full Baths

Half Baths

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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 electric 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%.

Location
Subdivision	-
County	Bernalillo
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 1069385

Listing agent: Carlos Martinez #39676

Listing broker: Keller Williams Realty (505) 897-1100

Last update: Tuesday, November 19 2024 at 7:52 p.m. EST

Kotohomes National