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Listed by Realty One of New Mexico

$370,000

Est. payment - /mo

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1 BD

1 BA

1,983 SqFt

Active

301 TENNESSEE ST SE Albuquerque, NM 87108

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Evan Fraley

evan@gobignm.com +1(505) 312-4554

UPDATED:

01/21/2025 10:33 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,983 sqft

Price per Sqft $186

MLS Listing ID 1076851

Bedrooms 1

Construction Status Resale

HOA Y/N No

Year Built 1964

Annual Tax Amount $1,431

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Triplex

Property Description

Affordable Housing - 100% Occupied & Cash FlowWelcome to this well-maintained, fully occupied tri-plex located in the heart of Albuquerque. This affordable housing property offers a fantastic investment opportunity with positive cash flow for the current owners. The property consists of:2 Units: 1 Bedroom, 1 Bath1 Unit: 2 Bedrooms, 1 BathEach unit is updated and maintained in good condition, offering clean & comfortable living spaces for tenants. Recent improvements include:Newer Coolers: Installed within the last 2 seasons for reliable coolingRoof: re-shingled in 2024The property is clean and well-kept, providing a hassle-free investment. Next Door Opportunity: The tri-plex at 305 Tennessee St is also available & not currently listed.NO Creative Finance.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Tile

Fireplace No

Appliance Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator, Range Hood

Exterior

Exterior Feature Lighting

Community Features Storage Facilities

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101905633050211608

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

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Evan Fraley

Realtor | License ID: 54480

+1(505) 312-4554

301 TENNESSEE ST SE Albuquerque, NM 87108

Evan Fraley

Key Details

Location

Interior

Exterior

Building

Others

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301 TENNESSEE ST SE