Cash flowing 4 unit multi-family investment opportunity. All 2 bed, 1 bath. Recent renovations (2016-2017) include: roof, hot water heaters, furnaces, kitchen cabinetry, countertops, bath vanities, tubs and LVP/tile flooring throughout (carpet in photos replaced 2023). With recent upgrades & Professional management in place, this is an ideal investment. Individually metered units. Room for rent improvements towards market rents. APOD and full Improvement list attached.
Property Details
Property Features
Property Information:
Year Built: 1986
Stories: 2
Living Area: 2,564 SqFt
Listing Office:
Office Name: The Villarealty Group
Office Phone: (505) 480-6738
Listing Agent: Leslie A Villareal
Interior Features
Interior Information:
Appliances: Electric Range, Refrigerator
Basement: No
Flooring Type: Carpet, Laminate, Vinyl
Bedroom and Bathroom Information:
Total Bedroom Count: 2
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Central, Forced Air
Cooling: Evaporative Cooling
School Info
Assigned Schools Information:
Highland High School, Public District Grades 9-12
Nex Gen Academy, Public District Grades 9-12
Van Buren Middle School, Public District Grades 6-8
Emerson Elementary School, Public District Grades KG-5
Coronado Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: From I-40 and Louisiana south to Zuni, east to Chama, south to property
Price Information
Listing Price Info
Price Summary:
List Price: $378,500
Price Per SqFt: $148/SqFt
Tax Information:
Annual Amount: $1,449
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Albuquerque, NM.
This property is $42.8K more than the Median Sold Price and $52/SqFt less than other homes in Albuquerque, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1059601
Listing Office:
Office Name: The Villarealty Group
Office Phone: (505) 480-6738
Listing Agent: Leslie A Villareal
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Emerson Elementary School
620 Georgia St SE
Distance between this listing and this school0.27 miles
Public District Grades KG-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school4.98 miles
Public District Grades KG-5
Middle School
3
/10
Van Buren Middle School
700 Louisiana Blvd SE
Distance between this listing and this school0.14 miles
Public District Grades 6-8
High School
3
/10
Highland High School
4700 Coal Ave SE
Distance between this listing and this school1.48 miles
Public District Grades 9-12
8
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school4.55 miles
Public District Grades 9-12
Assigned Schools
2
/10
Emerson Elementary School
620 Georgia St SE
Distance between this listing and this school0.27 miles
Public District Grades KG-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school4.98 miles
Public District Grades KG-5
Nearby Schools
3
/10
La Mesa Elementary School
7500 Copper Ave NE
Distance between this listing and this school0.81 miles
Public District Grades PK-5
Assigned Schools
3
/10
Van Buren Middle School
700 Louisiana Blvd SE
Distance between this listing and this school0.14 miles
Public District Grades 6-8
Nearby Schools
3
/10
Wilson Middle School
1138 Cardenas Dr SE
Distance between this listing and this school0.82 miles
Public District Grades 6-8
2
/10
Hayes Middle School
1100 Texas St NE
Distance between this listing and this school1.63 miles
Public District Grades 6-8
Assigned Schools
3
/10
Highland High School
4700 Coal Ave SE
Distance between this listing and this school1.48 miles
Public District Grades 9-12
8
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school4.55 miles
Public District Grades 9-12
Nearby Schools
4
/10
Native American Community Academy
1100 Cardenas Dr SE
Distance between this listing and this school0.88 miles
The neighbors living near this home have an average income of $30,000. Residents of Albuquerque, NM typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 620 Chama St SE in Albuquerque, NM and zip code 87108 in the Trumbull Village neighborhood. This 2,564 square foot home, which was built in 1986, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $378,500.
In March 2024, from all listings sold in Albuquerque, NM there were more than 141 sold above asking price, over 217 sold below and more than 121 were sold right at the asked price. The inventory of homes for sale in Albuquerque, NM between February 2024 and March 2024 decreased by 8.3%. In March 2024 median list price was $335,689 and the average listing age was 27 days.
From Rocket Homes Real Estate and based on county public records data.