About 304-308 Pennslvania Street Ne
Welcome to this exceptional investment opportunity in Albuquerque! We are proud to present a well-maintained 10-unit multifamily property offering affordable housing solutions. This property offers an opportunity for a reliable stream of rental income fulfilling a vital community need through the Section 8 housing program. Socially conscious investors provide much-needed 2-bed units with 850 SQFT layouts, with its own w/d hookups. SECT 8 housing provides stability & direct deposit of rent payments. Current rents are 50% below SECT 8 rates with current leases all at month to month. Viewing the property is available AFTER an accepted offer. Current tenants have rights. Secure your investment in this lucrative opportunity.
Features of 304-308 Pennslvania Street Ne
| MLS® # | 1058913 |
|---|---|
| Price | $945,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Acres | 0.37 |
| Year Built | 1980 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Pending |
Community Information
| Address | 304-308 Pennslvania Street Ne |
|---|---|
| Area | 70 - Fairgrounds |
| Subdivision | La Mesa |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87108 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile |
|---|---|
| Appliances | Free-Standing Electric Range, Refrigerator |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Lighting |
|---|---|
| Construction | Frame |
Additional Information
| Date Listed | March 15th, 2024 |
|---|---|
| Days on Market | 40 |
| RE / Bank Owned | No |
Listing Details
| Office | Realty One of New Mexico |
|---|