Albuquerque Homes Online
Albuquerque Homes Online
Home / Albuquerque / Southeast Heights / Emil Mann / MLS #1077102
512 Mesilla Street SE
17 Photos
512 Mesilla Street SE
512 Mesilla Street SE
512 Mesilla Street SE
512 Mesilla Street SE
512 Mesilla Street SE
512 Mesilla Street SE
View Map

512 Mesilla Street SE

Albuquerque, NM 87108

$433,651
2 bd • 1 ba • 3,000 sqft • 0.16 acres
1 Story
Stories
$145
Per SQFT
1960
Year Built
01/25/2025
Listing Date
1077102
Listing #
87108
Zip Code

About This Property

potential owner occupant, courtyard style fourplex with two bedroom, one bathroom units each with washer/dryer hookups or washer/dryers.The prior owner remodeled the property with a new roof, new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers new evaporative coolers updated electrical, wrought iron security fence, new toilets as well as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment. Measures of investment performance at ask price of $433,651 and current average rent of $906 are a GRM of 9.97, a 6.71% cap rate, $108,413 per unit, $144.55/sf.If rents are raised to closer to market rates of $1,075 the cap rate improves to 8.10%

Interior

Bathrooms Total: 1
Appliances: Refrigerator
Flooring: Carpet, Tile, Vinyl

Building And Construction

Property Type: Residential Income
Property Sub Type: Quadruplex
Property Sub Type Additional: Quadruplex
Building Area Total: 3,000 sqft
Year Built: 1960
Construction Materials: Block, Frame, Stucco
Levels: One
Number Of Units Total: 4
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.16
Lot Size Square Feet: 6969.6
Parking Total: 6

Provisional

MLS #: 1077102
Gross Income: 41325
Listing Terms: Cash, Conventional, FHA, VA Loan
Number Of Buildings: 1
Operating Expense: 13138
Owner Pays: Other, See Remarks
Tenant Pays: Other, See Remarks

Area And Schools

City: Albuquerque
Postal Code: 87108
MLS Area Major: Southeast Heights
Subdivision: Emil Mann
County: Bernalillo
Parcel Number: 101905610544221316

Utilities

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

Location

Directions: From Zuni and San Mateo east to Mesilla, south to property.

Mortgage Calculator

$
$
%
Monthly Payment**:
** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Properties for Sale Similar to 512 Mesilla Street SE, Albuquerque, NM

134 S Rhode Island Street SE, Albuquerque

$450,000

2 bds • 1 ba • 3,060 sqft

134 S Rhode Island Street SE, Albuquerque, 87108
401 Georgia Street SE, Albuquerque

$510,000

2 bds • 1 ba • 3,032 sqft

401 Georgia Street SE, Albuquerque, 87108
408 MESILLA Street SE, Albuquerque

$359,900

2 bds • 1 ba • 2,800 sqft

408 MESILLA Street SE, Albuquerque, 87108
236 SAN PABLO Street NE, Albuquerque

$329,800

2 bds • 1 ba • 2,760 sqft

236 SAN PABLO Street NE, Albuquerque, 87108
240 SAN PABLO Street NE, Albuquerque

$329,800

2 bds • 1 ba • 2,760 sqft

240 SAN PABLO Street NE, Albuquerque, 87108
1133 GEORGIA Street SE, Albuquerque

$325,000

2 bds • 1 ba • 2,800 sqft

1133 GEORGIA Street SE, Albuquerque, 87108
530 ALVARADO Drive SE, Albuquerque

$469,000

2 bds • 1 ba • 3,400 sqft

530 ALVARADO Drive SE, Albuquerque, 87108
3403 Anderson Avenue SE, Albuquerque

$504,852

2 bds • 1 ba • 2,789 sqft

3403 Anderson Avenue SE, Albuquerque, 87106
1129 GEORGIA Street SE, Albuquerque

$330,000

2 bds • 1 ba • 2,621 sqft

1129 GEORGIA Street SE, Albuquerque, 87108
309 Princeton Drive SE, Albuquerque

$450,000

2 bds • 1 ba • 2,476 sqft

309 Princeton Drive SE, Albuquerque, 87106
12205 HAINES Avenue NE, Albuquerque

$483,000

2 bds • 1 ba • 2,620 sqft

12205 HAINES Avenue NE, Albuquerque, 87112
1033 Louisiana Boulevard SE, Albuquerque

$350,000

2 bds • 1 ba • 2,296 sqft

1033 Louisiana Boulevard SE, Albuquerque, 87108

New Homes for Sale in Albuquerque Area

View All
257 Burma Drive NE, Albuquerque

$240,000

3 bds • 2 ba • 1,044 sqft

257 Burma Drive NE, Albuquerque, 87123
3857 Montgomery Boulevard NE APT 1234, Albuquerque

$140,000

2 bds • 2 ba • 995 sqft

3857 Montgomery Boulevard NE APT 1234, Albuquerque, 87109
445 Graceland Drive SE, Albuquerque

$395,000

3 bds • 4 ba • 1,808 sqft

445 Graceland Drive SE, Albuquerque, 87108
143 Sangre De Cristo, Cedar Crest

$415,000

4 bds • 2 ba • 1,950 sqft

143 Sangre De Cristo, Cedar Crest, 87008
1015 C De Baca Lane, Bernalillo

$750,000

4 bds • 3 ba • 3,600 sqft

1015 C De Baca Lane, Bernalillo, 87004
1 Coyote Canta Road, Corrales

$974,000

4 bds • 3 ba • 2,600 sqft

1 Coyote Canta Road, Corrales, 87048
12 Brazos Trail, Placitas

$998,000

3 bds • 3 ba • 2,627 sqft

12 Brazos Trail, Placitas, 87043
4510 Joe Dan Place NE, Albuquerque

$750,000

4 bds • 3 ba • 2,599 sqft

4510 Joe Dan Place NE, Albuquerque, 87110
Listing courtesy of NM Apartment Advisors, Inc.
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.
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

(505) 521 8550