630 SE Alcazar Street

$775,000

1 of 8

630 SE Alcazar Street

$775,000

Contact Presenting Broker

    Tierra Team

    505.780.1152

    Key Features

    • MLS: 202401595
    • Status: Active
    • Price: $775,000
    • Area: 18-Bernalillo Cnty
    • Type: Apartment
    • Acres: 0.31

    About this Property

    Welcome to 630-632 Alcazar St SE, a well maintained 8-unit property in the Southeast neighborhood of Albuquerque. This complex, originally constructed in 1971, has a track record of consistent occupancy and hassle-free management, making it an ideal investment opportunity.Each of the eight units is separately metered for gas and electric. Water is master metered, and tenants are billed back for utility overages exceeding $100 per month. Recent upgrades include a roof replacement in 2020 and new exterior paint in 2023. Additionally, ceramic tile flooring has been installed in the living rooms, kitchens, and bathrooms, offering durability and easy maintenance.Additional income can be generated by upgrading the on-site laundry rooms and storage units.Don't miss the opportunity to own a well-maintained, income-generating property with a proven track record of success. 630-632 Alcazar St SE is poised to provide both steady returns and long-term appreciation.

    Additional Features

    • Type Apartment
    • Style One Story
    • Days On Market 18
    • UtilitiesSeparate Meters
    • Interior FeaturesNo Interior Steps
    • HeatingNatural Gas
    • Water SourcePublic
    • SewagePublic Sewer

    Schools

    • Elementary School: Unknown
    • Junior High School: Unknown
    • High School: Unknown

    Listing Brokerage

    IDX listing

    Jacob Rocker

    Real Estate Advisors, LLC

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.