NM > Albuquerque
Albuquerque, NM 87108,1036 MADEIRA DR SE
Albuquerque, NM 87108,1036 MADEIRA DR SE
Albuquerque, NM 87108,1036 MADEIRA DR SE
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MORE Realty

MORE Realty

+1(877) 344-6673
Listed by Southwest Elite Real Estate
$399,900
Est. payment /mo
1 Bed
1 Bath
2,865 SqFt
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UPDATED:

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

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16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224

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1036 MADEIRA DR SE

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