2900 PALO VERDE DR NE
ALBUQUERQUE, NM 87112

$625,000

1 Beds

1 Baths

N/A Sq Ft

Status Active

MLS# 1062424

Explore prime investment potential in this Albuquerque fourplex! Situated in the sought-after Foothills area east of Tramway Blvd, this property offers a rare opportunity. Each unit features desirable amenities like in-unit washer/dryer and stylish tile/wood floors, and fireplaces. TPO roof and other upgrades in the last few years. Plus, tenants will enjoy outdoor space with enclosed backyards. 1.5 parking spaces per unit (6 total) and a stable 5.6% cap rate from full occupancy, this investment is a solid choice for savvy investors. Don't let this rare chance slip by!

Details for 2900 PALO VERDE DR NE

Built in 1979

Evaporative Cooling

Central, Forced Air

13 Days on website

0.19 acres lot

Interior

Appliances

Dryer, Dishwasher, Free-standing Electric Range, Refrigerator, Washer

Bathrooms Total

Bedrooms Total

Flooring

Tile, Wood

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1979

Exterior And Lot

Exterior Features

Lighting

Lot Size Acres

0.19

Lot Size Square Feet

8276.4

Utilities

Cooling

Evaporative Cooling

Heating

Central, Forced Air

Area And Schools

City

Albuquerque

County Or Parish

Bernalillo

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$4,734.26