1028 Alvarado Drive SE, Albuquerque NM, 87108
(Active)
$1,250,000
|
1 beds, 1 baths
|
MLS# 1058187
Last Updated: 4/27/2024 10:50 AM
Description for
1028 Alvarado Drive SE
Albuquerque, NM 87108
SELLER FINANCING:5 year call, 5% interest, 30 year amortization, 15% down payment.12 unit apartment complex for sale! This multifamily property is settled in one of Albuquerque's up and coming neighborhoods: South San Pedro. Significant investor activity has lead to improving properties all throughout the area which helps to increase rent and tenant basis. This property offers off-street tenant parking and backyards. Property consists of 8 rehabbed units, newer windows, roof, electric panels, exterior paint, all new AC units, and some newer wall heaters as well.
Price
$1,250,000
Bernalillo
1
1
1058187
Active
Description
SELLER FINANCING:5 year call, 5% interest, 30 year amortization, 15% down payment.12 unit apartment complex for sale! This multifamily property is settled in one of Albuquerque's up and coming neighborhoods: South San Pedro. Significant investor activity has lead to improving properties all throughout the area which helps to increase rent and tenant basis. This property offers off-street tenant parking and backyards. Property consists of 8 rehabbed units, newer windows, roof, electric panels, exterior paint, all new AC units, and some newer wall heaters as well.
Listing Information
| Property Type: Multi-Family, 1 Story | ||
| 1 | 1 | |
| 0.37 Acres | 1955 | 1 |
| Brick,Frame | ||
Electricity Available, Natural Gas Available, Sewer Connected, Water Available, Water Connected
Neighborhood
Room Information
Interior Features
Refrigerator, Range Hood
Tile, Carpet
Evaporative
Other,
Wall Furnace
Exterior / Lot Features
Brick, Frame
MX-M*
Lighting
Driving Directions
Google maps.
Financial Considerations
| 101805614015331714 |
| $3,601 |
Cash, Conventional, Owner May Carry
Listing Price History
Albuquerque Real Estate
Albuquerque is located in New Mexico. Albuquerque, New Mexico 87108 has a population of 572,777.
The median household income in Albuquerque, New Mexico 87108 is $32,346. The median household income for the surrounding county is $56,090 compared to the national median of $66,222. The median age of people living in Albuquerque 87108 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/4/2024 | Active | $1,250,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $3,726 USD | 3.47% | $87,198 USD | 3.00% |
| 2022 | $3,601 USD | 0.47% | $84,658 USD | - |
| 2021 | $3,584 USD | -1.29% | $84,658 USD | - |
| 2020 | $3,631 USD | 0.03% | $84,658 USD | - |
| 2019 | $3,630 USD | 0.67% | $84,658 USD | - |