Albuquerque, NM 87102
Well maintained 4-units on tree-lined 1-way street in historic Wells Park neighborhood, all with 40-50's era features and ambiance. Long-time owner with long time tenants, all on month to… Show more
Well maintained 4-units on tree-lined 1-way street in historic Wells Park neighborhood, all with 40-50's era features and ambiance. Long-time owner with long time tenants, all on month to month leases. Two 2/1's (1017, 1019), all under market at $660-800/mo. Avg 2 BR rent Downtown = $1,400. Two 1/1's (1021A, 1021B) at $510-$550. Avg 1 BR rent over 1K. 2 BR units have side patio and rear yard. Off street parking for 6+.Flat roofs have pitch and elastomeric roof coating. Electric/gas individually metered. Add'n 4-unit for sale next door (1003, 1005, 1013, 1015) are four 1/1's @ $520,000. MLS =1084062.
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Wells Park sits north of Mountain Road and south of Interstate 40 in Albuquerque, between First Street on the east and 12th Street on the west. The railroad arrived in 1880, and in 1892 a sawmill went up northwest of 12th and Bellamah, growing to cover 110 acres.
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