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301 TENNESSEE Street SE - Main Image
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301 TENNESSEE Street SE

Albuquerque, NM 87108

$370,000
1 bd • 1 ba • 1,983 sqft • 0.16 acres
1 Story
Stories
$187
Per SQFT
1964
Year Built
01/21/2025
Listing Date
1076851
Listing #
87108
Zip Code

About This Property

Affordable Housing - 100% Occupied & Cash FlowWelcome to this well-maintained, fully occupied tri-plex located in the heart of Albuquerque. This affordable housing property offers a fantastic investment opportunity with positive cash flow for the current owners. The property consists of:2 Units: 1 Bedroom, 1 Bath1 Unit: 2 Bedrooms, 1 BathEach unit is updated and maintained in good condition, offering clean & comfortable living spaces for tenants. Recent improvements include:Newer Coolers: Installed within the last 2 seasons for reliable coolingRoof: re-shingled in 2024The property is clean and well-kept, providing a hassle-free investment. Next Door Opportunity: The tri-plex at 305 Tennessee St is also available & not currently listed.NO Creative Finance.

Interior

Bathrooms Total: 1
Appliances: Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator, Range Hood
Flooring: Tile

Building And Construction

Property Type: Residential Income
Property Sub Type: Triplex
Building Area Total: 1,983 sqft
Year Built: 1964
Construction Materials: Brick Veneer, Other
Levels: One
Number Of Units Total: 3
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 6969.6
Exterior Features: Lighting

Provisional

MLS #: 1076851
Gross Income: 41325
Listing Terms: Cash, Conventional, FHA, VA Loan
Number Of Buildings: 1
Operating Expense: 8887
Tenant Pays: Other, See Remarks

Area And Schools

Community Features: Storage Facilities
City: Albuquerque
Postal Code: 87108
MLS Area Major: Southeast Heights
County: Bernalillo
Parcel Number: 101905633050211608

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Wall Furnace
Heating (Y/N): Yes

Location

Directions: Louisiana to Bell - East on Bell - North on Tennessee - building on the west side of road at turn.
Listing courtesy of Realty One of New Mexico
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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Daria Derebera Realtor

Daria Derebera

Real Estate Agent in Albuquerque, NM

(505) 521 8550

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