1812 Mary Ellen ST NE Pending

Albuquerque,NM 87112

$ 990000

2 Beds

1 Bath

6720 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,720 sqft

Price per Sqft $147

Subdivision Snow Height Addition

MLS Listing ID 1089406

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1971

Annual Tax Amount $8,208

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

Value-add investment with immediate upside! Two 4-plexes (1812 Mary Ellen and 1816 Mary Ellen, 8 units total) sold together--each on its own deeded lot. 7 of 8 units currently rented, offering solid income with significant upside. Below-market rents present a strong opportunity to increase cash flow and long-term ROI. All units are 2 bed, 1 bath with functional layouts that are easy to rent. Located in a high-demand, appreciating area near transit, major employers, schools, and shopping. A units have private backyards; B units have side yards. All units include storage. Well-lit off-street parking.

Location

State NM

County Bernalillo

Area 50 - Northeast Heights

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet, Vinyl

Fireplace No

Appliance Free-Standing Electric Range,Refrigerator

Exterior

Exterior Feature Landscaping

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 102105904505630213

Acceptable Financing Cash,Conventional,FHA

Green/Energy Cert None

Listing Terms Cash,Conventional,FHA

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