OWNER FINANCING AVAILABLE on this rare infill lot at an affordable price! Nice level property, ready for your dream home. All utilities are at the line. There also used to be a home on this property! (The vacant corner lot is not included.) ZONED R-ML which allows for LOW TO MEDIUM DENSITY housing. Check out attachments for ''allowable uses.'' Drive by the lot and take a look. Then bring your plans and build your dream home! Wow, come check out his great deal! Owner financing with 20% down, 7% interest, 5 year call.
Exceptional 4plex offers an immediate, low-management cash flow stream with significant upside potential. 100% Occupancy with stable, reliable tenants who have expressed a strong desire to remain. Current rents are below market, providing an achievable rent increase strategy to boost the Cap Rate and overall ROI. Structured as tenant-paid utilities, minimizing landlord operating expenses and maximizing NOI. New sewer lines and a durable TPO membrane roof. Each unit offers highly desirable features including a small backyard and dedicated off-street parking, enhancing tenant retention. Strategically positioned near major economic and entertainment hubs with easy access to I-40. Showings will only be scheduled after an executed purchase agreement, and are subject to tenant availability.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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