1216 Coal AVE SW, Albuquerque, NM 87102
1216 Coal AVE SW, Albuquerque, NM 87102
1216 Coal AVE SW, Albuquerque, NM 87102
1216 Coal AVE SW, Albuquerque, NM 87102
1216 Coal AVE SW, Albuquerque, NM 87102
1216 Coal AVE SW, Albuquerque, NM 87102
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Henry Padilla

Henry Padilla

+1(505) 702-2304
Listed by RE/MAX SELECT
$ 575,000
Est. payment | /mo

4 Beds

4 Baths

3,000 SqFt

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$ 575,000
Est. payment | /mo
Save Virtual Tour

4 Beds

4 Baths

3,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $191

Subdivision Downtown Zoo Acc

MLS Listing ID 1109687

Bedrooms 4

Construction Status Resale

HOA Y/N No

Year Built 1941

Annual Tax Amount $11,039

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

CHECK THIS OUT- FOURPLEX a great Downtown Investment Opportunity! The property features four one bedroom - one bath units with small private patios. Rents are currently below market with 3 longtime tenants on mo to mo leases. MANY CAPITAL IMPROVEMENTS - see documents for list. Units are in average cosmetic condition. This property offers exceptional convenience and appeal to tenants...just blocks from downtown cafes & restaurants, the bustling farmers market, the historic charm of Old Town,.Downtown , Tingley Beach, Rio Grande Pool & Park, Zoo and ACC. Offering bike access to the extensive trail system along the Rio Grande Bosque this 4-plex is a great investment at $143,750/unit. ABQ apartments still show appreciation while offering rent growth potential from entities such as Amazon, Facebook and Netflix Whether you're seeking a steady income stream or a versatile rental investment this fourplex combines location, updates, and strong rental history in one compelling package.

Location

State NM

County Bernalillo

Area 80 - Downtown Area

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling Refrigerated, Ceiling Fan(s)

Flooring Wood

Fireplace No

Appliance Free-Standing Gas Range, Refrigerator, Range Hood

Laundry Washer Hookup, Dryer Hookup, Gas Dryer Hookup, In Unit

Exterior

Exterior Feature Patio

Community Features Patio

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

Accessibility None

Porch Patio

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101305736332810810

Security Features Security Gate

Acceptable Financing Cash, Conventional, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, VA Loan

Virtual Tour https://kuula.co/share/collection/7T2cL?logo=-1&info=0&fs=1&vr=1&sd=1&initload=0&autop=4&thumbs=1

Southwest MLS (SWMLS IDX Plus)

NEARBY SCHOOLS & PROPERTIES

Henry Padilla

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 702-2304

henry.p@socialteamnm.com

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1216 Coal AVE SW