NM > Albuquerque
Albuquerque, NM 87108,517 PALOMAS DR SE
Albuquerque, NM 87108,517 PALOMAS DR SE
Albuquerque, NM 87108,517 PALOMAS DR SE
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Listed by Congress Realty, Inc
$444,900
Est. payment /mo
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2 Beds
1 Bath
3,080 SqFt
New

517 PALOMAS DR SE Albuquerque, NM 87108

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Brad Leigh Patton

Brad Leigh Patton

+1(505) 917-5133

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,080 sqft

Price per Sqft $144

MLS Listing ID 1091367

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1963

Annual Tax Amount $5,143

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions Appraiser

Property Sub-Type Quadruplex

Property Description

4 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and can be sold together for a combined $900,000. Consist of 2B/1B x2 units & 1B/1B x2 units. This well-maintained 4-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. With one unit currently vacant, investors have the option to capture immediate upside at market rent or to leverage a house-hack model by occupying a unit while collecting income from the others.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Interior Features Ceiling Fan(s)

Heating Central, Forced Air

Cooling Evaporative Cooling, Ceiling Fan(s)

Flooring Tile

Fireplace No

Appliance Dryer, Disposal, Refrigerator, Range Hood, Washer

Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup, In Unit

Exterior

Exterior Feature Lighting

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Accessibility None

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101805608950522708

Security Features Security Gate

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

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Brad Leigh Patton

Brad Leigh Patton

Broker Associate | License ID: 52414

+1(505) 917-5133

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517 PALOMAS DR SE