517 & 521 Palomas Drive Se, Albuquerque, NM


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About 517 & 521 Palomas Drive Se

8% CAP RATE!! Amazing 8-unit rental investment opportunity! Brick 8 unit complex with Pitched Shingled Roof installed in 2017, W/D Hookups in each unit, Great Open Floor plans, each unit has private backyard, Central Forced Air Heating, Evaporative Cooling, Security Gate, All Units have working Refrigerator, Freezer, Oven & Range. Close to Major shopping centers, close to Kirkland air force base, UNM area. Very consistent and high occupancy rates. Consists of 2 4plex buildings in the same parcel.

Features of 517 & 521 Palomas Drive Se

MLS® # 1027104
Price $715,000
Bedrooms 2
Bathrooms 1.00
Acres 0.14
Year Built 1963
Type Residential Income
Sub-Type Multi Family
Status Pending
Is Green No
Guest House No

Community Information

Address 517 & 521 Palomas Drive Se
Area 71 - Southeast Heights
City Albuquerque
County Bernalillo
State NM
Zip Code 87108


Utilities Cable Available, Phone Available, Sewer Connected, Water Connected, Electricity Available, Electricity Connected, Natural Gas Connected
Features Patio
Is Waterfront No
Has Pool No


Interior Tile
Interior Features Ceiling Fan(s)
Appliances Free-Standing Gas Range, Disposal, Free-Standing Electric Range, Range Hood, Refrigerator
Heating Central, Forced Air
Cooling Ceiling Fan(s), Evaporative Cooling
Fireplace No
# of Stories 1
Stories One


Exterior Features Landscaping, Patio
Construction Brick
Builder Unknown

Additional Information

Date Listed December 16th, 2022
Days on Market 72
RE / Bank Owned No

Listing Details

OfficeRe/Max Exclusive

Listing Map

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