Description
Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1157, $799, and $799 with one recently renewed for $925. Property has a 7-9% cap rate. Rents should be able to be increased. Tenants are seasoned and pay all utilities except water, sewer, and trash. NO HOA. The Property: MAJORITY of the units are Freshly painted with a lot of money put in!! Includes all the appliances. Sewer line recently replaced, with newer roof and hot-water heaters. EACH comes with its OWN BACKYARD, and designated parking. The Area: You won't believe the area as it's right next to the Eubank Center, The Downs Casino, Uptown Plaza, and in fact, it is a short distance to an I-40 entrance/ exit!Showings only permitted with offer.
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1BEDS
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0.16ACRES
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1BATHS
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01/2 BATHS
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2,700SQFT
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$154$/SQFT
School Ratings & Info
Description
Buy N Hold Alert!!! Turn-KEY!!! Property is rented for $1157, $799, and $799 with one recently renewed for $925. Property has a 7-9% cap rate. Rents should be able to be increased. Tenants are seasoned and pay all utilities except water, sewer, and trash. NO HOA. The Property: MAJORITY of the units are Freshly painted with a lot of money put in!! Includes all the appliances. Sewer line recently replaced, with newer roof and hot-water heaters. EACH comes with its OWN BACKYARD, and designated parking. The Area: You won't believe the area as it's right next to the Eubank Center, The Downs Casino, Uptown Plaza, and in fact, it is a short distance to an I-40 entrance/ exit!Showings only permitted with offer.
IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-03-26T07:05:27.35.
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Listing courtesy of EA Property Management: (505) 750-0255. © 2025 Southwest Multiple Listing Service, Inc.