• MLS® #: 960708
  • 440 Chama Street Se
  • Albuquerque, NM 87108
  • $225,000
  • 2 Beds, 1 Bath, 2700 SqFt, 0.15 Acres
  • Residential Income
  • Office: Abq Properties Llc

You won't find a better performing property anywhere in this area or price range! At $700 monthly per apartment the property produces Gross Annual Rents of $33,600. Cap rate is 10% and GRM is 6.70. All units are two bedroom one bath apartments recently renovated that includes new paint, trim, and bathrooms throughout. Units C and D have new kitchen cabinets replaced late 2017. All light fixtures and fans in bedrooms replaced late 2017. Parking is lit by efficient LED lighting. New electrical panel 2017. New roof replaced 2016 with warranty! All four units are separately metered and tenants pay for gas and electricity. Please do not walk the property or disturb the tenants.

Essential Information

  • MLS® #960708
  • Price$225,000
  • Bedrooms2
  • Bathrooms1.00
  • Square Footage2,700
  • Acres0.15
  • Year Built1959
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusPending

Community Information

  • Address440 Chama Street Se
  • Area71 - Southeast Heights
  • CityAlbuquerque
  • CountyBernalillo
  • StateNM
  • Zip Code87108

Interior

  • InteriorCarpet, Tile
  • Interior FeaturesCeiling Fan(s)
  • HeatingWall Furnace
  • CoolingEvaporative Cooling
  • # of Stories1
  • StoriesOne

Appliances

Dryer, Free-Standing Gas Range, Washer

Exterior

  • ConstructionFrame

Additional Information

  • Date ListedJanuary 18th, 2020
  • Days on Market13
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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on March 10th, 2020 at 4:31pm MDT.