512 Mesilla Street SE

Albuquerque, NM 87108 · Mann Add
$389,160

About this property

On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market such a well-priced, updated 4-plex with sizeable two bedroom, one bathroom units and secured courtyard entry.Recent building modernization includes: new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers, new evaporative cool-ers, updated electrical, wrought iron security fencing, updated toilets, as well as more recent updates to some of the mechanical systems on the property.Exceptional and very rare opportunity for such a well-updated 4-plex priced with an 8 Cap and nearly a 10% cash on cash return for an owner occupant or a 7.2Cap for an investor with professional property management.

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Details

Price
$389,160
Beds
8
Baths
4
Square feet
2,700
Lot size
0.16 acres
Year built
1960
Type
Quadruplex
Neighborhood
Mann Add
Heating
WallFurnace
Cooling
EvaporativeCooling
MLS #
1109467

Listed by Kyle E Deacon, Deacon Property Services · (505) 878-0100. Data from the Southwest MLS, refreshed every 15 minutes.

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