12809 Dorado Drive SE Albuquerque, NM ^$ 495,000

12809 Dorado Drive SE

^$ 495,000

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12809 Dorado Drive SE

Albuquerque, NM, 87123

^$ 495,000

Bedrooms2 Baths1.0 Sq 3,220

Monthly Estimate*

^$ 3,290

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12809 Dorado Drive SE, Albuquerque, NM 87123 - Image 8

12809 Dorado Drive SE, Albuquerque, NM 87123 - Image 9

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Multi-Family Home for sale in Albuquerque, NM

for $495,000 with 2 bedrooms and 1 full bath. This 3,220 square foot home was built in 1981 on a lot size of 0.16.

This well maintained 4-plex features fully rented and renovated units, 0% vacancy rate in 2023. Room for rental increases by adjusting to market rates.Recently upgraded with a new TPO roof and landscaping including new fencing. Units 1 and 2 underwent extensive renovations in 2022, offering modern amenities. Unit 3 was renovated in 2021, while Unit 4 remains in clean and original condition.Perfect for stable income and growth, with a great rental history, this 4-plex presents an ideal investment opportunity. The vacant storage units/laundry facility offer potential for additional income. Showings are available upon accepted offer; please refrain from disturbing tenants.

Multi-Family Active

Price

^$ 495,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,882

Style

Quadruplex

Lot Size

0.16

Year Built

1981

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1057832

Features

General

Heating Central ForcedAir

Cooling EvaporativeCooling

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Appliances FreeStandingElectricRange Refrigerator RangeHood

Year Built 1981

Tenant Pays Electricity Gas

Stories 2

Levels Two

Property SubType Quadruplex

Community Features DeckPorch LaundryFacilities StorageFacilities

Accessibility None

County Bernalillo

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Green Energy Generation None

Status Active

Directions From I-40 and Tramway Take Tramway South Right on Central Left on Dorado Pl Right on Dorado Dr- follow around the curve to property on right

City Albuquerque

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-2

Total Units 4

MLS Area 71 - Southeast Heights

Lot Size Square Feet 6969.6

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Dorado

Listing Terms Cash Conventional FHA VALoan

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2882.04

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 88

Builder Name unknown

Standard Status Active

Property Sub Type Additional Quadruplex

Interior

Flooring Tile

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Drive

Total Bedrooms 2

Electric On Property Y/N N

Total Baths 1

Exterior

Total Parking 7.0

Number of Buildings 1

Spa N

Building Area Total 3220.0

Lot Size Acres 0.16

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Leslie Villareal

Listing Agent

The Villarealty Group

Broker

leslie@villarealtynm.com

Affordability Calculator

$3,530

Per Month

Monthly Principal & Interest: $3,290
Monthly Property Taxes: $240
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$708,512

Percent of Sale Price 43%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/27/2024	$495,000		Listed Price

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12809 Dorado Drive SE, Albuquerque, NM, 87123 is a Multi-Family Home for sale at $495,000 with 3,220 sqft and a lot size of 0.16. 12809 Dorado Drive SE has 2 bedrooms, 1.0 baths, and was built in 1981. The property's zip code is 87123 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/5/2024.

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12809 Dorado Drive SE

Multi-Family Home for sale in Albuquerque, NM

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