512 Mesilla Street SE, Albuquerque, NM 87108
- $389,160
- 8
- BD
- 4
- BA
- 2,700
- SqFt
- List Price
- $389,160
- Status
- ACTIVE
- Days on Market
- 26
- MLS#
- 1109467
- Subtype
- Residential Income
- Year Built
- 1960
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 2,700
- Lot Size
- 6,752
- Acres
- 0.16
- Subdivision
- Mann Add
- Neighborhood
- Mann Add
- MLS Area Major
- Southeast Heights
Property Description
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market such a well-priced, updated 4-plex with sizeable two bedroom, one bathroom units and secured courtyard entry.Recent building modernization includes: new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers, new evaporative cool-ers, updated electrical, wrought iron security fencing, updated toilets, as well as more recent updates to some of the mechanical systems on the property.Exceptional and very rare opportunity for such a well-updated 4-plex priced with an 8 Cap and nearly a 10% cash on cash return for an owner occupant or a 7.2Cap for an investor with professional property management.
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Additional Information
- Exterior Features
- Lighting, Patio
- Taxes
- $3,890
- Zoning
- R-ML*
- Flooring
- Carpet Free, Tile, Vinyl
- Appliances
- Dryer, Free-Standing Gas Range, Refrigerator, Washer
- Heating
- Wall Furnace
- Air Conditioning
- Evaporative Cooling
- Exterior Construction
- Frame, Stucco, Synthetic Stucco
- Stories
- 1
- Levels
- One
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Listing courtesy of Kyle E Deacon from Deacon Property Services
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.