511 Spruce Street SE

Albuquerque, NM 87106
Beds
7
Square Ft.
3,749
$850,000
Offered at $850,000 ($141,666/unit) with an attractive 7.28% acquisition cap rate, 511 Spruce St SE presents a rare opportunity to acquire a fully stabilized multifamily asset with proven in-place cash flow. The property is 100% occupied and features four fully furnished units, with five of the six units having undergoneRead MoreRead Less
Courtesy of NAI SunVista Commercial RE.
Listing Snapshot
Days Online
57
Last Updated
Property Type
MultiFamily
Beds
7
Square Ft.
3,749
Lot Size
0.31 Acres
Year Built
1936
MLS Number
1105527
Property Location Map
Additional Details
Appliances & Equipment
Dishwasher, FreeStandingGasRange, Microwave, Refrigerator
Building
Built in 1936, Living area: 3749.0, 2 buildings, Levels: One
Cooling
Ductless, EvaporativeCooling
Disclosures
LeadBasedPaintDisclosure, Ranm2100Disclosure
Energy Saving
Energy Generation: None
Floors
Tile, Vinyl
Heating
Ductless
Laundry
WasherHookup, DryerHookup, InUnit
Lot
0.31 acres
Owner Pays
Electricity, Gas, Sewer, TrashCollection, Water
Property
Resale
Security Features
ComplexFenced
Taxes
Parcel Number: 101505717917630909, Annual Amount: $3,168.6, Zoning description: R-T*
Tenant Pays
None
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
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Monthly Payment
$0
Chris Lucas
Realtor
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