J
Seller's Agent in 2023
Jose Tinoco-Lopez
RE/MAX
(505) 297-7771
3 in this area
15 Total Sales
517 & 521 Palomas Dr SE Albuquerque, NM 87108
South San Pedro Neighborhood
2
Beds
1
Bath
6,000
Sq Ft
6,080
Sq Ft Lot
Highlights
- Evaporated cooling system
- Security Gate
- Tile Flooring
- Patio
- Wheelchair Access
- Landscaped
About This Home
As of August 20238.9% CAP RATE!! Amazing 8-unit fully occupied rental investment opportunity! Brick 8 unit complex with Pitched Shingled Roof installed in 2017, W/D Hookups in each unit, Great Open Floor plans, each unit has private backyard, Central Forced Air Heating, Evaporative Cooling, Security Gate, All Units have working Refrigerator, Freezer, Oven & Range, and fully insulated. Close to Major shopping centers, close to Kirkland air force base, UNM area. Very consistent and high occupancy rates. Consists of 2 4plex buildings in the same parcel.
Last Agent to Sell the Property
Re/Max Exclusive License #REC20220662 Listed on: 12/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,240
Year Built
- Built in 1963
Lot Details
- 6,080 Sq Ft Lot
- Landscaped
Home Design
- Brick Exterior Construction
Interior Spaces
- Property has 1 Level
- Tile Flooring
- Security Gate
Kitchen
- Free-Standing Electric Range
- Range Hood
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry in Garage
- Washer and Dryer Hookup
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Additional Features
- Wheelchair Access
- Patio
Community Details
- 2 Buildings
- 8 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 101805608950522708
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | -- | -- | -- |
| 07/18/2023 07/18/23 | Pending | -- | -- | -- |
| 06/23/2023 06/23/23 | Price Changed | $700,000 | -1.4% | $117 / Sq Ft |
| 06/16/2023 06/16/23 | Price Changed | $710,000 | -1.4% | $118 / Sq Ft |
| 05/24/2023 05/24/23 | Price Changed | $720,000 | -0.7% | $120 / Sq Ft |
| 05/06/2023 05/06/23 | Price Changed | $725,000 | +1.4% | $121 / Sq Ft |
| 05/04/2023 05/04/23 | For Sale | $715,000 | 0.0% | $119 / Sq Ft |
| 03/02/2023 03/02/23 | Pending | -- | -- | -- |
| 01/30/2023 01/30/23 | Price Changed | $715,000 | -1.4% | $119 / Sq Ft |
| 12/16/2022 12/16/22 | For Sale | $725,000 | +64.8% | $121 / Sq Ft |
| 12/21/2020 12/21/20 | Sold | -- | -- | -- |
| 08/08/2020 08/08/20 | Pending | -- | -- | -- |
| 07/29/2020 07/29/20 | For Sale | $440,000 | 0.0% | $73 / Sq Ft |
| 05/16/2020 05/16/20 | Pending | -- | -- | -- |
| 05/14/2020 05/14/20 | For Sale | $440,000 | 0.0% | $73 / Sq Ft |
| 05/07/2020 05/07/20 | Pending | -- | -- | -- |
| 04/26/2020 04/26/20 | For Sale | $440,000 | -- | $73 / Sq Ft |
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jose Tinoco-Lopez
-
Dominique Pyle
Buyer's Agent in 2023
Dominique Pyle
Coldwell Banker Legacy
(505) 379-0555
6 in this area
55 Total Sales
-
M
Seller's Agent in 2020
Marc Romero
Red Fox Realty
-
J
Buyer's Agent in 2020
Judith Seligman
Red Fox Realty
Map
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)
MLS Number: 1027104
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