209 Texas Street NE Albuquerque, NM $ 365,000
209 Texas Street NE
$ 365,000
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209 Texas Street NE

Albuquerque, NM, 87108
$ 365,000
Bedrooms2 Baths1.0 Sq 2,650

Monthly Estimate*

$ 2,426

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Multi-Family Home for sale in Albuquerque, NM

for $365,000 with 2 bedrooms and 1 full bath. This 2,650 square foot home was built in 1950 on a lot size of 0.16.

9% cap rate! New fencing and new stucco surface. TPO roof in some areas, still under warranty. . Low maintenance, no carpet. Some units have washer hookups. All units have stoves and refrigerators. Four-plex next door (211 Texas) also available, so could be eight-plex. Get an 8-plex with the benefits of residential financing. Call broker for info. BOTH 4 plexes must be sold together. Seller financing avalable with substantial down payment.

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Multi-Family Active

Price

$ 365,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,531

Style

Quadruplex

Lot Size

0.16

Year Built

1950

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1059864

Features
General
Heating Baseboard Electric
Cooling EvaporativeCooling
Utilities ElectricityConnected PhoneConnected SewerConnected WaterConnected
Appliances FreeStandingElectricRange Refrigerator
Security Features ComplexFenced
Year Built 1950
Electric None
Tenant Pays Electricity
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 98916.0
Accessibility WheelchairAccess
County Bernalillo
Operating Expense 34080.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Mesa Verde Add
Garage Y/N N
Green Energy Generation None
Status Active
Directions From Copper and Wyoming go west to Texas. South to property 4 plex on west side. No sign. Do not disturb tenants. 4-plex at 211 Texas is also available and both buildings must be sold together.
City Albuquerque
Disclosures LeadBasedPaintDisclosure RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description R-ML*
Total Units 4
MLS Area 70 - Fairgrounds
Lot Size Square Feet 6969.6
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Texas
Listing Terms Cash Conventional FHA OwnerMayCarry VALoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1531.16
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 53
Builder Name Unknown
Standard Status Active
Year Built Source PublicRecords
Property Sub Type Additional Quadruplex
Legal Description * 043 014MESA VERDE L43 & 44 & E 1 FT OF LTS 5 & 6
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Interior
Flooring Tile Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features WasherHookup DryerHookup InUnit
Total Bedrooms 2
Electric On Property Y/N N
Total Baths 1
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Exterior
Total Parking 6.0
Number of Buildings 2
Spa N
Building Area Total 2650.0
Lot Size Acres 0.16
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Vicki Criel

Listing Agent

Criel And Associates, Llc

Broker

vcriel@comcast.net

Email

Affordability Calculator

$2,553
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,426
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$365,000 -7.01% Price Down
4/2/2024$392,500 Listed Price

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209 Texas Street NE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $365,000 with 2,650 sqft and a lot size of 0.16. 209 Texas Street NE has 2 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 87108 which is in Albuquerque, NM