Turnkey 4-plex with major upgrades and strong upside potential. Three of four 1BR/1BA units fully remodeled including brand new kitchen cabinets and countertops, new bath surrounds and vanities, new water heaters, new wall heater units, and many new windows. Refinished hardwood floors, fresh paint, and updated lighting throughout. New roof currently being installed, reducing near-term capital expenses. Current gross rents $3,556/month with one inherited lease at $650 well below market, creating built-in value-add opportunity.
Listed By
Agency Name: LPT Realty
Agency Phone: (877) 366-2213
Shown By
Agent Name: Mae Cordova
Agent Phone: Primary: (505) 898-2700
Agency Title: Coldwell Banker Legacy
Estimated Payment
$ 1,228.62 per month $930.29 Principal & Interest $176.42 Property Tax $121.92 Homeowner's Insurance
805 Ortiz Drive Se | MLS# 1098651
This multi-family property located at 805 Ortiz Drive Se, Albuquerque, NM 87108 is currently listed for sale with an asking price of $417,999. Search Albuquerque real estate on mcordova.cblegacy.com today.