8 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and must be sold together for a combined $900,000. Consist of 2B/1B x4 units & 1B/1B x4 units. This well-maintained 8-unit portfolio is located in a strong rental area and features low-maintenance brick construction with secured gated parking. Units have been updated with new appliances, in-unit washers and dryers, fresh paint, upgraded plumbing, new furnaces, a swamp cooler, enhanced security gates, and a 2017 roof. Fully occupied with strong rent roll and additional upside through future lease-up at market rates.
For sale
$900,000
517 & 521 Palomas Dr SE, Albuquerque, NM 87108
9beds
6baths
6,080sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
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