What do you need? A work/live property, multi-generationl home, in-law suite,cash flow invest rentals, storage & parking, mechanic shop? This 5 bdr., home consists of an owner's suite plus 3 smaller aparts. Remodled w/new cabinets, marble counters & marble floors. One unit is an office/beauty salon-a sink, bath, bdr., but no stove. The 1700 sq ft., 22 ft tall, warehouse has 220 electrical, & pull through garage doors( F & B.) 1/2 acre lot offering plenty of parking-Zoned NRC (the old C-3.). Fantastic location only 3.4 miles to I-40, & 4 miles to I-25. Projected cap rate of 6% on multi-units. If you rent the warehouse for $2,000 a month, the cap rate for the property would increase to 9%. Owner financing (REC) is OK w/ $150K down. 7.5% interest, 5 year call. Wow!
Sold on 09/15/23
Price Unknown
716 Old Coors Dr SW, Albuquerque, NM 87121
5beds
4baths
2,121sqft
Quadruplex, Multi Family
Built in 1956
-- sqft lot
$445,200 Zestimate®
$--/sqft
$1,640 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 14, 2024 at 01:55pm
Listed by:
Jean A Chavez 505-620-5326,
RE/MAX SELECT
Bought with:
The Chavez Team
Keller Williams Realty
Source: SWMLS,MLS#: 1038260

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Ductless
Cooling
- Ductless, Evaporative Cooling, Multi Units, Refrigerated, Ceiling Fan(s)
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Ceiling Fan(s)
- Flooring: See Remarks, Tile
- Basement: Unfinished
Interior area
- Total structure area: 2,121
- Total interior livable area: 2,121 sqft
Property
Parking
- Total spaces: 12
Accessibility
- Accessibility features: Wheelchair Access
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Lot
- Size: 0.49 Acres
- Dimensions: 116
Details
- Has additional parcels: Yes
- Parcel number: 101105733701840203
- Zoning description: NR-C*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 1956
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Municipal Utilities, Phone Available, 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,Owner May Carry,VA Loan
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$445,200
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
$445,200