Property Description

Renovated, solid four-plex with rents improved to market rates. Three new one-year leases and one month-to-month that could be improved as well. New roof, flooring, paint, appliances, and ductless mini-splits. Primary measure of investment is a 5.4% CAP rate at asking price. Record low inventory plus convenient central city location equals low vacancy.

Features
: Ductless
: Ductless
: Dishwasher, Refrigerator, Free-standing Gas Range
: Storagefacilities
$0
Address Map
NM
Bernalillo
Albuquerque
87107
3208 Wellesley Court NE
0
W107° 23' 35.9''
N35° 7' 8''
Additional Information
Duke City Real Estate Services
Rory Jensen
$0
2,430 Sqft
: Frame
91
From Carlisle between Candelaria and Comanche, West on Aztec. South on Wellesley Ct. to end of cul-de-sac. Property is back left corner.
$0
: Lighting
: Vinyl
Cash,Conventional
$0
1
101606044908740307
$3,004
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected
3%
20352504
41 - Uptown

Residential Income

3208 Wellesley Court NE, Albuquerque, New Mexico 87107

2 Bedrooms
1 Bathrooms
2,430 Sqft
Visits : 636 in 400 days
$485,000
Listing ID #1056741
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1056741
Price : $485,000
Bedrooms : 2
Bathrooms : 1
Square Footage : 2,430 Sqft
Year Built : 1973
Acres : 0.22 Acre
Lot Area : 9,583.20 Sqft
Status : Pending
Property Sub Type : Quadruplex
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