311 Palomas DR NE Active

Albuquerque,NM 87108

$ 425000

2 Beds

1 Bath

4226 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,226 sqft

Price per Sqft $100

Subdivision Tijeras Place Addition

MLS Listing ID 1073663

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1957

Annual Tax Amount $2,969

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions Public Records

Property Description

Residents love the complex's private and secluded courtyard entry, the circular driveway and off-street parking options, the bonus exterior storage assigned to each apartment, and the large private yard spaces, almost as much as the quality and unique architectural finishes in each apartment. All units are separately metered for gas and electric and feature small slat oak floors, original custom tile, built-ins, and well-preserved vintage fixtures throughout. The residence at 309 Palomas NE has just been renovated to make the ideal owner occupancy apartment while also demonstrating where value-add renovation work will take the next investor with a market rent that is over 50% higher than the other 3 units.An owner occupant, w/ 3.5% down payment and a 30 yr amtz, could live here for $750

Location

State NM

County Bernalillo

Area 70 - Fairgrounds

Interior

Heating Floor Furnace

Cooling Evaporative Cooling

Flooring Vinyl, Wood

Fireplace No

Appliance Refrigerator

Exterior

Exterior Feature Landscaping

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101805710027020404

Acceptable Financing Cash,Conventional,FHA,VA Loan

Green/Energy Cert None

Listing Terms Cash,Conventional,FHA,VA Loan

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