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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

    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!

    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#: 1038260MLS Logo

    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

    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

    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