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About This Home
This 3-bedroom, 3-bathroom residential multi family at 412 Tennessee Street NE in Albuquerque, NM is listed for $225,000 ($142 per sqft). Built in 1958, the home offers 1,582 sqft of living space on a 0.15 acres lot.
Great investment opportunity! Units A & B have been remodeled and feature electric baseboard heat (Unit A also includes a gas wall furnace). Both units offer gas and electric stove hookups, electric hot water heaters, and washer hookups with a 220-volt outlet for an electric dryer.
Units are individually metered.There are Security guards on doors and windows which add peace of mind. Peace of mind for investors: gas, electric, and water systems have been newly updated to meet current code requirements, and the property has no back taxes. Both Unit A and Unit B are rent-ready, making this a great opportunity for immediate cash flow.Unit C is ready for a total remodel--for another unit or storage, ideal value-add potential to increase rents and overall returns.
Key Features
- Built in 1958
- 0.15 acre lot
- 6 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,203/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
412 Tennessee Street NE
Albuquerque, NM 87108
Property Details
Flooring
Construction
Heating
Questions & Answers
This 3-bedroom, 3-bathroom residential multi family at 412 Tennessee Street NE is listed at $225,000 ($142/sqft). The estimated monthly payment is $975 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.15 acre lot, 6 parking spaces.
This property is listed by Christine V Chaves and can be reached at 5052594909 or christinevchaves@comcast.net.
