208-212 Espanola Street Ne, Albuquerque, 87108

Beds
Baths
4,292Sqft
.34Acres
1950Built
22DOM

$346,000

Carl T Bruere Jr
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What this complex does is make money. $53,400 annualized income. $34,600 per unit. Low vacancy, many long term (+10 year tenancy) tenants. 5 buildings on 2 lots. Sewer lines replaced in 2014, 4 buildings got new TPO roofs in December, 2017, 2 front buildings got new windows last fall. Each unit is individually metered. Owner pays city utilities only. Present owner in place for 22+ years. She refers to her tenants as a ''Community''.

Essential Information

MLS® #: 961424
Price: $346,000
Square Footage: 4,292
Acres: 0.34
Year Built: 1950
Type: Residential Income
Sub-Type: 9 or More Units
Status: Active

Community Information

Address: 208-212 Espanola Street Ne
Area: 70 - Fairgrounds
City: Albuquerque
County: Bernalillo
State: NM
Zip Code: 87108

Amenities

Amenities: Enclosed Yard
Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected, Phone Available
Parking: Covered, 1 Space Per Unit

Interior

Appliances: Frestnd Gas Stv/Ovn, Refrigerator
Heating: Wall Unit
Cooling: Evaporative
# of Stories: 1
Stories: 1 Story

Exterior

Roof: Tar Gravel, Rolled Roofing, TPO (G)
Construction: Frame, Block

Additional Information

Date Listed: January 29th, 2020
Days on Market: 22
Zoning: R-ML*

Listing Details

Listing Agent: Carl Bruere Jr
Listing Office: AllPro Realty
Office Phone: (505) 296-2822

Financials

$/SqFt: $81

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Listing information last updated on April 4th, 2020 at 11:41am MDT.