1036 MADEIRA DR SE new Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87108
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,865 sqft
Price per Sqft $139
MLS Listing ID 1085343
Bedrooms 1
Construction Status Resale
HOA Y/N No
Year Built 1960
Annual Tax Amount $1,745
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
Discover this updated, low-maintenance income producing property! An ideal opportunity for both first-time & seasoned investors. This well-maintained asset offers a desirable unit mix, featuring (3) 1-bedroom/1-bath units (Units A, B & C), & a spacious 3-bedroom/2-bath unit (Unit D) complete with a detached 1-car garage. In 2020, the owner completed upgrades to ensure long-term value & energy efficiency, including: Mini-split heating & refrigerated air systems in all units, Upgraded electrical service, pro-panel metal roof, Fresh stucco, dual-pane windows, perimeter fencing & landscaping. Units A & D have been fully remodeled with tasteful, modern interiors. Units B & C are occupied by long-term tenants & currently rented below market value, offering potential for future rental growth!
Location
State NM
County Bernalillo
Area 71 - Southeast Heights
Interior
Heating Ductless
Cooling Multi Units, Refrigerated
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Free-Standing Electric Range,Refrigerator
Laundry Washer Hookup, Dryer Hookup, In Unit
Exterior
Exterior Feature Landscaping
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 8
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101805607520632201
Security Features Security Gate
Acceptable Financing Cash,Conventional,FHA,VA Loan
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA,VA Loan