Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1149, 1149, and $1099 a month with one vacant currently listed for rent. Property has a 8-10% cap rate. Tenants are seasoned and pay all utilities except water, sewer, and trash. NO HOA. The Property: FOUR Freshly painted 2 bedrooms, 1 baths with a lot of money put in!! Includes all the appliances. EACH comes with its OWN BACKYARD, washer/dryer hookups, and designated parking. Brand new roof, newer furnaces and hot-water heaters. The Area: You won't believe the area as it's right next to Nob Hill, EXPO New Mexico State Fair grounds and The Downs Casino, Albuquerque International Airport, and in fact, it is only a 5 minute drive to University of New Mexico!
Sold on 05/28/24
Price Unknown
545 Palomas Dr SE, Albuquerque, NM 87108
2beds
1baths
3,664sqft
Quadruplex, Multi Family
Built in 1963
-- sqft lot
$441,200 Zestimate®
$--/sqft
$1,288 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 29, 2024 at 07:40am
Listed by:
Karl Kessler 928-432-5477,
EA Property Management
Bought with:
Faithe Real Estate Group
Keller Williams Realty
Source: SWMLS,MLS#: 1054715

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Disposal, Refrigerator, Range Hood
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
Features
- Flooring: Carpet, Tile
- Has basement: No
Interior area
- Total structure area: 3,664
- Total interior livable area: 3,664 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Lighting, Patio
Lot
- Size: 6,969 sqft
Details
- Parcel number: 101805608946922702
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Brick Veneer
Condition
- Resale
- New construction: No
- Year built: 1963
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Community
- Community features: Patio
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Services availability
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Estimated market value
$441,200