Bought with Realty One of New Mexico, LLC
$509,000
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2 Beds
1 Bath
2,161 SqFt
SOLD DATE : 09/04/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,161 sqft
Price per Sqft $229
MLS Listing ID 1061113
Sold Date 09/04/24
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $3,780
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions Public Records
Property Sub-Type Duplex
Property Description
Presenting an exceptional duplex in Albuquerque's sought-after MLS area 40, near UNM. Shopping, restaurants and transit make this high walk score property perfect long-term, or medium term rental approach to investing. With RM-H zoning on .18 acres, this property offers a strategic investment opportunity for those looking to the future. Unit 1 is approximately 920 sq ft, while Unit 2 features around 1,241 sq ft. Low operating expenses ensure impressive cash-on-cash returns and ideal for investors looking for a 1031 exchange. Don't miss out on this turnkey investment opportunity in a prime location of Albuquerque!
Location
State NM
County Bernalillo
Area 40 - Unm
Interior
Heating Floor Furnace, Wall Furnace
Cooling Evaporative Cooling
Flooring Tile, Vinyl, Wood
Fireplaces Type Option
Fireplace No
Appliance Dryer, Dishwasher, Free-Standing Gas Range, Refrigerator, Washer
Exterior
Exterior Feature Patio
Community Features Patio
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Porch Patio
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101705744544112014
Security Features Complex Fenced
Acceptable Financing Cash, Conventional, VA Loan
Green/Energy Cert None
Listing Terms Cash, Conventional, VA Loan
Financing Contract
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