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Sold on 06/26/24
  • Price Unknown

    304-308 Pennsylvania St SE, Albuquerque, NM 87108

    2beds
    1baths
    --sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $903,000 Zestimate®
    $--/sqft
    $1,172 Estimated rent

    What's special

    Welcome to this exceptional investment opportunity in Albuquerque! We are proud to present a well-maintained 10-unit multifamily property offering affordable housing solutions. This property offers an opportunity for a reliable stream of rental income fulfilling a vital community need through the Section 8 housing program. Socially conscious investors provide much-needed 2-bed units with 850 SQFT layouts, with its own w/d hookups. SECT 8 housing provides stability & direct deposit of rent payments. Current rents are 50% below SECT 8 rates with current leases all at month to month. Viewing the property is available AFTER an accepted offer. Current tenants have rights. Secure your investment in this lucrative opportunity.

    Zillow last checked: 7 hours ago

    Listing updated: June 26, 2024 at 11:01am

    Listed by:

    Joshua D Christensen 505-250-1944,

    Realty One of New Mexico

    Bought with:

    Joshua D Christensen, 20522

    Realty One of New Mexico

    Source: SWMLS,MLS#: 1058913MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Central, Forced Air
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Free-Standing Electric Range, Refrigerator
    • Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
    Features
    • Flooring: Carpet, Tile
    • Has basement: No

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Lighting
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: Not Available
    • Zoning description: R-ML*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Stucco
    Condition
    • Resale
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & neighborhood

    Location
    • Region: Albuquerque
    • Subdivision: La Mesa

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $903,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $903,000