About 121 Terrace Street Se
Prime UNM location! Silver Hills neighborhood. 2 buildings - 121 Terrace - Four - 1 bedroom 1 bath units. 500SF each. Wall heater and window units for cooling.Each rented for $800/month. Current lease agreements. 117 & 119 Terrace is separate duplex. Both units are 1 bedroom 1 bath unit with screened front porches. Hardwood floors. Living room, dining room, full bath of bedroom and each unit has a basement for storage. 117 Terrace - 650SF long term tenant at below market rent. $625/m. M/M lease. 119 Terrace - 800SF. $975/m. M/M lease. Add cosmetic updates for instant equity! Flooring and fixtures can go along way. Priced to sell AS-IS. Please do not disturb tenants. Offer subject to inspection. NO RECs. Portfolio financing options available.
Features of 121 Terrace Street Se
| MLS® # | 1085186 |
|---|---|
| Price | $545,000 |
| Original Price | $545,000 |
| Price Per Sq.Ft. | $157.97 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Square Footage | 3,450 |
| Acres | 0.08 |
| Year Built | 1955 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Pending |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 121 Terrace Street Se |
|---|---|
| Area | 42 - UNM South |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87106 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Features | Storage Facilities |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate, Vinyl, Wood |
|---|---|
| Appliances | Free-Standing Gas Range, Refrigerator |
| Heating | Floor Furnace, Wall Furnace |
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Construction | Block, Frame |
|---|---|
| Builder | Unknown |
Additional Information
| Date Listed | June 3rd, 2025 |
|---|---|
| Days on Market | 149 |
| RE / Bank Owned | No |
| Finance Considered | Cash, Conventional |
| Current Taxes | $944 |
Listing Details
| Office | Maddox & Co/REALTORS |
|---|