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501 Pennsylvania, Albuquerque, NM 87108

Multi-Family Home For Sale

501 Pennsylvania, Albuquerque, NM 87108 House For Sale - MLS #880005
$795,000
Multi-Family
5+ Family
9

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Property Description for 501 Pennsylvania, Albuquerque, NM 87108

On behalf of the owner, NM Apartment Advisors Inc., is pleased to present this opportunity for a seller financed, 21 unit apartment located in Albuquerque, New Mexico. One of the four buildings is in like new condition as the building owner has spent over $300,000 renovating 505 Pennsylvania after a fire.Seller is willing to offer seller financing with a minimum down payment of 20% (balance of terms depend on price) if it will facilitate a 2016 closing.Utilities: Each building has gas heating and gas water heaters that are on master meters (except building 501 which is separately metered), and is separately metered for electric. The landlord offers all units (except 2 bedrooms) with utilities paid, keeping a high occupancy.Tour 12/14/2016 at noon, Offer deadline 5pm, 12/15/20

Interior Details

Refrigerator

Exterior Details

1
Block

Other Details

880005
1963
Laundry Community
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Monthly Mortgage Payments

$3,611
$5,029

Town Description

Albuquerque is the largest city in the state of New Mexico. It is the county seat of Bernalillo County and is situated in the central part of the state, straddling the Rio Grande. The city population...

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