Nestled in a prime location close to downtown ABQ, museums, library, theaters & north of the National Hispanic Cultural Center, this triplex presents an opportunity for seasoned investors and owner-occupants looking to make a smart real estate move. Each unit is 2 bed 1 bath with their own back yard. Units A & B have been updated with fresh paint, new flooring, new fixtures and restroom/kitchen upgrades. Unit A has W&D & new electric oven. Owner recently added security pedestrian gate, secured parking and sewer cleanouts. Unit A is currently owner-occupied. This arrangement can be a savvy way to offset your living expenses and simultaneously build wealth through real estate investment.
Sold on 02/02/24
Price Unknown
501 Simpier Ln SW, Albuquerque, NM 87102
6beds
3baths
2,539sqft
Triplex, Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$--/sqft
$2,338 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,338/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 05, 2024 at 08:46am
Listed by:
Alexandria D. Oberbeck 505-804-4903,
Southwest Elite Real Estate,
Jonathan M Ortiz 505-363-8451,
Southwest Elite Real Estate
Bought with:
Jose Luis Tinoco-Lopez, REC20220662
Re/Max Exclusive
Source: SWMLS,MLS#: 1044696
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Free-Standing Electric Range, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
- Flooring: Carpet, Laminate, Vinyl
- Has basement: No
Interior area
- Total structure area: 2,539
- Total interior livable area: 2,539 sqft
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 sqft
Details
- Parcel number: 101405603346021012
- Zoning description: R-T*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1980
Utilities & green energy
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Security
- Security features: Security Gate
Location
- Region: Albuquerque
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2024 | Sold | -- |
Source:  SWMLS #1044696 | ||
| 12/13/2023 | Pending sale | $399,900$158/sqft |
Source: SWMLS #1044696 | ||
| 11/21/2023 | Listed for sale | $399,900$158/sqft |
Source: SWMLS #1044696 | ||
| 11/16/2023 | Pending sale | $399,900$158/sqft |
Source: SWMLS #1044696 | ||
| 11/13/2023 | Listed for sale | $399,900+67%$158/sqft |
Source: SWMLS #1044696 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,787 -0.7% | $80,479 +3% |
| 2023 | $3,813 +5.6% | $78,135 +3% |
| 2022 | $3,611 +190% | $75,859 +44.4% |
Find assessor info on the county website
Neighborhood: Barelas
Nearby schools
GreatSchools rating
- 6/10Dolores Gonzales Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Washington Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Albuquerque High SchoolGrades: 9-12Distance: 2.2 mi