Bought with MORE Realty, Inc
$730,000
$730,000
For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
5,150 SqFt
SOLD DATE : 06/10/2025
Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,150 sqft
Price per Sqft $141
Subdivision Mesa Verde Add
MLS Listing ID 1077518
Sold Date 06/10/25
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,062
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions Public Records
Property Sub-Type Multi Family
Property Description
11.6% CAP RATE!! All units rented, no vacancies, auto-renewal on leases. New fencing, new TPO roof, new stucco surfaces. Low maintenance, no carpet, freshly painted. All electric for inexpensive easy repairs. Four units have washer hookups. All units have stoves and refrigerators. This is a property with two four-plexes surrounding a courtyard. Both four-plexus must be sold together. Get the advantage of an 8 plex with residential funding, or use seller financing: 20% down, 6% interest
Location
State NM
County Bernalillo
Area 70 - Fairgrounds
Interior
Heating Baseboard, Electric
Cooling Evaporative Cooling
Flooring Carpet Free, Tile, Vinyl
Fireplace No
Appliance Free-Standing Electric Range, Refrigerator
Laundry Washer Hookup, Dryer Hookup, In Unit
Exterior
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Accessibility Wheelchair Access
Total Parking Spaces 12
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101905736915241903/4
Security Features Complex Fenced
Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan
Green/Energy Cert None
Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan
Financing Conventional
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