NM > Albuquerque
Albuquerque, NM 87102,607 PACIFIC AVE SE
Albuquerque, NM 87102,607 PACIFIC AVE SE
Albuquerque, NM 87102,607 PACIFIC AVE SE
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MORE Realty

MORE Realty

+1(877) 344-6673
Listed by Rhino Realty Property Mgmt LLC
$425,000
Est. payment /mo
3 Beds
2 Baths
6,969 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1080663

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1916

Annual Tax Amount $6,717

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Value add opportunity! There are four detached units on one parcel. 607, 609, 611 Pacific Ave SE and 820 Walter St SE. You can lot split, raise rents to market, split 607 into 2 units, or live in 607 and let the rentals pay your mortgage. 607 unit received a new water heater, swamp cooler, and windows in 2024. The whole unit has fresh stucco as of 2023. 611 has a new TPO roof in the flat section as of 2023. Property is fully occupied with two tenants on month to month. Total monthly income is $3,810. Market rates for rents would bring income up to $4,900.

Location

State NM

County Bernalillo

Area 80 - Downtown Area

Interior

Heating Central, Forced Air, Hot Water

Cooling Evaporative Cooling

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Free-Standing Gas Range, Refrigerator

Exterior

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

Accessibility None

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101405746506541901

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

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607 PACIFIC AVE SE

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