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220 San Pablo St NE
Albuquerque, NM 87108
Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Lot Size 0.16 AC
Building Size 2,772 SF
No. Stories 1
Year Built 1954
Parking Ratio 1.8/1,000 SF

About 220 SAN PABLO ST NE , ALBUQUERQUE, NM 87108

This is a four unit buildings with pitched roof and brick structure. Great income property. Excellent investment opportunity for someone trying to add more units to their portfolio or even a starter investor that can live in one unit and rent the other three. This is an opportunity to acquire 4 units and apply for a single family residence loans. Two units are large 2Br, 1Ba and two units 1Br, 1Ba. Units have hardwood floor. The front unit has fireplace. All units are individually metered for gas and electric. Great cash flow property!. The CAP was calculate at low rent: 2Br at $550 per moth and 1Br at $475 per moth. If the Buyer will not use Property management company then the CAP can be 11.37% or higher! Please DO NOT disturb tenants, they are not aware of sell. Inspect units upon acceptance of Purchase Agreement.

Property Taxes

Property Taxes

Parcel Number
1-019-057-176165-3-17-18
Land Assessment
$9,087
Improvements Assessment
$81,186
Total Assessment
$90,273
  • Listing ID: 13833873

  • Date on Market: 9/19/2018

  • Last Updated:

  • Address: 220 San Pablo St NE, Albuquerque, NM 87108

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