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Property Type Four Plex
Status Pending
Distressed
Year Built 1972
Neighborhood Royal Heights Sub
Days on Website 84

Property Map

$232,500 – 12405 Mountain Road Ne, Albuquerque, NM 87112

Street View

Courtesy of Re/Max Alliance, REALTORS.

Description

GREAT PRICE REDUCTION!! Going, going, gone!! Income property in Great Location of ABQ NE Heights that is nestled in good neighborhood of single -family residences with a wonderful park several blocks away. Re-roofed within the last five years. Positive cash flow ; good location for appreciation! Apartment Complex is one-story building, which is beneficial. The two back units have back yards with nice view of Sandia Mountains. Tenant pays for gas and electric. Owner pays for water, sewer and trash. Ideal for new investor, owner occupant for conventional-loan financing purposes. Seller will consider owner financing with 20% down payment and 5-year balloon and REC amortized over 30 years! Seller’s preference is for Buyer to make an offer subject to inspection, thank you!

Property Details and Features

Listing

  • Source: Southwest MLS
  • Listing date: 2018-10-26
  • $124 list price per acre
  • 82 days on market
  • Bank-owned?: No

Location

  • County: Bernalillo
  • Subdivision: Royal Heights Sub
  • Area: 50 – Northeast Heights

Lot

  • Lot description: mature landscaping
  • 0 acres
  • 7,841 lot square feet

Taxes

  • Approximate taxes: $1,776

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