801 Ortiz Drive SE, Albuquerque NM, 87108
(Pending)
$499,000
|
1 beds, 1 baths, 2,437 sqft
|
MLS# 1054932
Last Updated: 4/28/2024 6:46 PM
Description for
801 Ortiz Drive SE
Albuquerque, NM 87108
Vacant units, completely updated over the last 3 years from with new stucco, Metal Roof, Windows, Paint, Security Bars, Refrigerated A/C, Windows, Water Heater and Appliances. All Tile flooring. Proforma Cap Rate from 6.0%. REC Considered at 50% down. Amazing and rare opportunity to invest in Albuquerque with a tenant ready 4 Plex. Contact Broker or Your Buyer Broker for Showings. Finance/Cash approved showings only. ''Exceptional income property opportunity! This well-maintained 4-plex boasts a prime location, offering a combination of modern amenities and classic charm. Each unit features spacious layouts, updated kitchens, and comfortable living spaces. With a strong rental history, this property promises a steady income stream. Take advantage of the thriving rental market.
Price
$499,000
Bernalillo
1
1
2,437 (approx)
1054932
Pending
Description
Vacant units, completely updated over the last 3 years from with new stucco, Metal Roof, Windows, Paint, Security Bars, Refrigerated A/C, Windows, Water Heater and Appliances. All Tile flooring. Proforma Cap Rate from 6.0%. REC Considered at 50% down. Amazing and rare opportunity to invest in Albuquerque with a tenant ready 4 Plex. Contact Broker or Your Buyer Broker for Showings. Finance/Cash approved showings only. ''Exceptional income property opportunity! This well-maintained 4-plex boasts a prime location, offering a combination of modern amenities and classic charm. Each unit features spacious layouts, updated kitchens, and comfortable living spaces. With a strong rental history, this property promises a steady income stream. Take advantage of the thriving rental market.
Listing Information
| Property Type: Fourplex, Multi-Family, 1 Story | ||
| 1 | 1 | |
| 0.18 Acres | 2,437 (approx) | 1952 |
| 1 | Frame | |
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
Neighborhood
Room Information
Interior Features
Free-Standing Gas Range, Refrigerator
Tile
Central Air, Ceiling Fan(s)
Other,
Forced Air, Central
Security Gate
Ceiling Fan(s)
Exterior / Lot Features
4 Parking Spaces,
Frame
R-MH*
Community Features
Security Gate
Driving Directions
San Mateo, East on Trumbell to Ortiz.
Financial Considerations
| 101805602339320910 |
| $1,292 |
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 |
|---|---|---|---|
| 4/22/2024 | Pending | $499,000 USD |
|
| 3/3/2024 | Active | $499,000 USD -9.27% |
|
| 1/4/2024 | Active | $550,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $1,337 USD | 3.48% | $31,286 USD | 3.00% |
| 2022 | $1,292 USD | 3.44% | $30,374 USD | 3.00% |
| 2021 | $1,249 USD | 1.71% | $29,490 USD | 3.00% |
| 2020 | $1,228 USD | 3.02% | $28,632 USD | - |
| 2019 | $1,192 USD | -41.91% | $28,632 USD | -41.64% |