About 607 Pacific Avenue Se
Value add opportunity! There are four detached units on one parcel. 607, 609, 611 Pacific Ave SE and 820 Walter St SE. You can lot split, raise rents to market, split 607 into 2 units, or live in 607 and let the rentals pay your mortgage. 607 unit received a new water heater, swamp cooler, and windows in 2024. The whole unit has fresh stucco as of 2023. 611 has a new TPO roof in the flat section as of 2023. Property is fully occupied with two tenants on month to month. Total monthly income is $3,810. Market rates for rents would bring income up to $4,900.
Features of 607 Pacific Avenue Se
| MLS® # | 1080663 |
|---|---|
| Price | $409,900 |
| Original Price | $485,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Acres | 0.16 |
| Year Built | 1916 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 607 Pacific Avenue Se |
|---|---|
| Area | 80 - Downtown Area |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87102 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile, Wood |
|---|---|
| Appliances | Free-Standing Gas Range, Refrigerator |
| Heating | Central, Forced Air, Hot Water |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Construction | Stucco |
|---|---|
| Builder | Unknown |
Additional Information
| Date Listed | March 24th, 2025 |
|---|---|
| Days on Market | 214 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Conventional, FHA, VA Loan |
| Current Taxes | $6,718 |
Listing Details
| Office | Rhino Realty Property Mgmt LLC |
|---|