Bought with MORE Realty, Inc
$365,000
$365,000
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209 TEXAS ST NE Albuquerque, NM 87108
2 Beds
1 Bath
2,650 SqFt
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $137
Subdivision Mesa Verde Add
MLS Listing ID 1077517
Sold Date 06/06/25
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,531
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
11.6% CAP RATE!! All unites are rented with renewable leases. New TPO roof with warranty. New fencing and new stucco surfaces. No carpet. Easy maintenance. All electrical for easy inexpensive repairs. All unites have stoves and refrigerators. Some have washer hookups. Both 209 and 211 Texas must be sold together. You get the advantage of an 8-plex with the advantage of residential funding, or use seller financing with 20% down, 6% interest. Seller needs to move to another project so these units are priced to sell.
Location
State NM
County Bernalillo
Area 70 - Fairgrounds
Interior
Heating Baseboard, Electric
Cooling Evaporative Cooling
Flooring Carpet Free, Tile, Vinyl
Fireplace No
Appliance Free-Standing Electric Range, Refrigerator
Laundry Washer Hookup, Dryer Hookup, In Unit
Exterior
Utilities Available Cable Available, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Accessibility Wheelchair Access
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101905736915241903
Security Features Complex Fenced
Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan
Green/Energy Cert None
Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan
Financing Conventional
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