508 Tennessee Street Ne, Albuquerque, NM 87108

$315,000
  • 508 Tennessee Street Ne, Albuquerque, NM 87108 Main Photo

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New to the Market Active
BEDS8 BATHS SQUARE FEET3,200 MLS#1111950
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **Excellent investment opportunity with this 4-unit multifamily property in Albuquerque! Each unit offers approximately **800 square feet with 2 bedrooms and 1 bathroom**, providing a total of **8 bedrooms and 4 bathrooms** across the property.Previously fully rented for the past several years, this property offers flexibility for the next owner. **Update and improve the units to maximize future rental potential, or prepare them for tenants with minimal turnaround.** The established multifamily configuration makes this a great opportunity for investors looking to add doors to their portfolio.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)With **seller financing available**, buyers may have additional flexibility when structuring their purchase. Whether you're looking for your next value-add project or a multifamily rental opportunity, 508 Tennessee St SE is ready for its next chapter!**Buyer to do own due diligence on sqft and condition as seller never lived at the property and rented it out through another company for length of ownership.

508 Tennessee Street Ne | MLS# 1111950

This multi-family property located at 508 Tennessee Street Ne, Albuquerque, NM 87108 is currently listed for sale with an asking price of $315,000. Search Albuquerque real estate on gcera.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Lot Size: 0.30 Acres
Stories: 2.0
Taxes: $0
Year Built: 1978

Feature Descriptions

Accessibility: None
Appliances: Refrigerator
Community Features: Storage Facilities
Exterior: Frame, Stucco
Flooring: Tile
Parcel#: 101905736035010335
Security: Security Gate
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: EXP Realty, LLC
Agency Phone: (505) 750-2837

Shown By

Agent Name: Gisselle Cera
Agent Phone: (505) 677-0420
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 792.93 per month $701.05 Principal & Interest $0.00 Property Tax (data not provided by mls) $91.88 Homeowner's Insurance

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