501-505 Mesilla Street SE Albuquerque, NM ^$ 699,000

501-505 Mesilla Street SE

^$ 699,000

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501-505 Mesilla Street SE

Albuquerque, NM, 87108

^$ 699,000

Bedrooms1 Baths1.0

Monthly Estimate*

^$ 4,646

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501-505 Mesilla Street SE, Albuquerque, NM 87108 - Image 8

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501-505 Mesilla Street SE, Albuquerque, NM 87108 - Image 13

Multi-Family Home for sale in Albuquerque, NM

for $699,000 with 1 bedroom and 1 full bath. This home was built in 1960 on a lot size of 0.16.

Welcome to your premier investment opportunity! 6-unit property that seamlessly blends modern upgrades with timeless appeal. Step into meticulously remodeled units where no detail has been overlooked. Stylish and durable tile flooring that sets the tone for sophistication throughout, recessed lighting that illuminates your spaces, enhanced security features, including sturdy steel doors, offering peace of mind for residents and property owners alike. Embrace sustainability with 80% energy-efficient furnaces and new windows in select units. Close to schools, shopping and eateries.

Multi-Family Active

Price

^$ 699,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,607

Style

MultiFamily

Lot Size

0.16

Year Built

1960

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1060143

Features

General

Heating Central ForcedAir Gas

Cooling EvaporativeCooling

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Appliances Dryer FreeStandingGasRange Refrigerator Washer

Construction Materials Frame Stucco

Year Built 1960

Tenant Pays None

Stories 1

Levels One

Property SubType MultiFamily

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 East on Zuni from Louisiana south on Mesilla to address. Do not disturb tenants

City Albuquerque

Disclosures LeadBasedPaintDisclosure RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-2

NumberOfUnitsTotal 6

MLS Area 71 - Southeast Heights

Lot Size Square Feet 6970.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Mesilla

Listing Terms Cash Conventional FHA VALoan

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 2607.74

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 51

Builder Name Unknown

Standard Status Active

Interior

Flooring Tile Wood

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features WasherHookup DryerHookup ElectricDryerHookup

Total Bedrooms 1

Electric On Property Y/N N

Total Baths 1

Exterior

Number of Buildings 2

Spa N

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

Jeremiah Collins

Listing Agent

Coldwell Banker Legacy

Broker

redbooth@gmail.com

Affordability Calculator

$4,863

Per Month

Monthly Principal & Interest: $4,646
Monthly Property Taxes: $217
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$697,611

Percent of Sale Price 0%

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
4/5/2024	$699,000		Listed Price

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501-505 Mesilla Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $699,000 with a lot size of 0.16. 501-505 Mesilla Street SE has 1 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 87108 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 6/13/2024.

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501-505 Mesilla Street SE

Multi-Family Home for sale in Albuquerque, NM

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