BEDS4
BATHS
SQUARE FEET3,000
MLS#1109687
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDowntown Zoo ACC
Property Description
CHECK THIS OUT- FOURPLEX a great Downtown Investment Opportunity! The property features four one bedroom - one bath units with small private patios. Rents are currently below market with 3 longtime tenants on mo to mo leases. MANY CAPITAL IMPROVEMENTS - see documents for list. Units are in average cosmetic condition. This property offers exceptional convenience and appeal to tenants...just blocks from downtown cafes & restaurants, the bustling farmers market, the historic charm of Old Town,.Downtown , Tingley Beach, Rio Grande Pool & Park, Zoo and ACC. Offering bike access to the extensive trail system along the Rio Grande Bosque this 4-plex is a great investment at $143,750/unit. ABQ apartments still show appreciation while offering rent growth potential from entities such as Amazon, Facebook and Netflix Whether you're seeking a steady income stream or a versatile rental investment this fourplex combines location, updates, and strong rental history in one compelling package.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Refrigerated, Ceiling Fan(s)
Heating: Forced Air
Lot Size: 0.16 Acres
Stories: 1.0
Taxes: $11,039
Year Built: 1941
Amenities
Ceiling Fan(s)
Patio
Feature Descriptions
Accessibility: None
Appliances: Free-Standing Gas Range, Refrigerator, Range Hood
Community Features: Patio
Exterior: Block, Concrete
Flooring: Wood
Laundry: Washer Hookup, Dryer Hookup, GasDryer Hookup, In Unit
Parcel#: 101305736332810810
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: RE/MAX SELECT
Agency Phone: (505) 265-5111
Shown By
Agent Name: Patti Morrison
Agent Phone: (505) 702-2672
Agency Title: Coldwell Banker Legacy
Estimate Your Payment
Estimated Payment
$ 2,367.33 per month $1,279.70 Principal & Interest $919.92 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
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1216 Coal Avenue Sw | MLS# 1109687
This multi-family property located at 1216 Coal Avenue Sw, Albuquerque, NM 87102 is currently listed for sale with an asking price of $575,000. Search Albuquerque real estate on pmorrison.cblegacy.com today.