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Listed price in listed location currency (USD).
$575,000

444

MLS® 1109687

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 3000 sqft
Garage 
Taxes $11,039
Days Active 2
Lot Size 0.16 Acres
Approx. Age 1941
Avg. Price Per Sqft $191
MLS® Number 1109687

Property Address: 1216 Coal Ave Sw, Albuquerque, NM, 87102-3718

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1109687
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1941
Basement
Driveway
Garage Spaces
HeatForced Air
A/CRefrigerated, Ceiling Fans

Extras

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