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Off market
    • $436,700

    507 Vancouver Rd SE, Rio Rancho, NM 87124

    --beds
    0baths
    3,200sqft
    MultiFamily
    Built in 1985
    -- sqft lot
    $436,700 Zestimate®
    $136/sqft
    $1,640 Estimated rent

    What's special

    This excellent fourplex is located near restaurants, Wal-Mart, financial institutions, medical, automotive as well as numerous other businesses. Rio Rancho has grown over 14% between 2010 - 2016 and the need for rental units is great. Rio Rancho has a shortage of rentals and is why these units are nearly always full. This is a great investment opportunity for a seasoned investor, or someone just getting started with a 7% CAP rate and a value-add upside. Please do not disturb the residents.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • Central, Evaporative
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Tile, Carpet, Laminate
    Interior area
    • Total interior livable area: 3,200 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Stories: 1
    • Exterior features: Stucco
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: R025000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1985

    Utilities & green energy

    • Utilities for property: All City, Electric, Community Water

    Community & neighborhood

    Location
    • Region: Rio Rancho

    Other

    Other facts
    • Cooling: Ceiling Fans(s)
    • Construction: Frame
    • Roof: Shingle
    • Parking: Paved Lot, 2+Spaces Per Unit
    • Amenities: Outside Lights, Laundry Community, Tenant Storage
    • Appliances included: Blt-In Gas Stve/Oven
    • Utilities: All City, Electric, Community Water
    • Metering: Individual Electric, Individual Gas, Laundry Separate
    • Property Sub-Type: Four Plex
    • Disability Access: Unknown
    • Rental Info: Call Listing Broker, Rental History Avail
    • Source: Broker Provided
    • Operating Expenses: Call Listing Broker
    • Stories: 1
    • GRT Code: 29-524
    • Flood Zone: Unknown
    • Service Type: Full Service
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $436,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $436,700

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