510 Mesilla Street SE, Albuquerque NM, 87108
(Active)
$449,114
|
2 beds, 1 baths, 3,000 sqft
|
MLS# 1058525
Last Updated: 5/11/2024 8:48 PM
Description for
510 Mesilla Street SE
Albuquerque, NM 87108
Measure of investment performance include 6.45% cap rate at $449,114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment.Couple that with the impact of the citywide expansion of Netflix, Facebook,Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth.
Price
$449,114
Emil Mann
Bernalillo
2
1
3,000 (approx)
1058525
Active
Description
Measure of investment performance include 6.45% cap rate at $449,114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment.Couple that with the impact of the citywide expansion of Netflix, Facebook,Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth.
Listing Information
| Property Type: Fourplex, Multi-Family, 1 Story | ||
| 2 | 1 | |
| 0.16 Acres | 3,000 (approx) | 1960 |
| 1 | Frame | |
Emil Mann
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Neighborhood
Room Information
Interior Features
Refrigerator
Vinyl
Evaporative
Other,
Forced Air, Central
Exterior / Lot Features
Frame
R-ML*
Driving Directions
From Central and San Mateo south to Zuni, east to Mesilla, south to property.
Financial Considerations
| 101905610544621315 |
| $3,692 |
Cash, Conventional, FHA
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 |
|---|---|---|---|
| 3/9/2024 | Active | $449,114 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $3,709 USD | 0.46% | $86,792 USD | - |
| 2022 | $3,692 USD | 94.51% | $86,792 USD | 93.58% |
| 2021 | $1,898 USD | 1.66% | $44,835 USD | 3.00% |
| 2020 | $1,867 USD | 31.48% | $43,529 USD | - |
| 2019 | $1,420 USD | 3.65% | $43,529 USD | 31.39% |