Fourplex ideally located near the University of New Mexico (UNM), UNM Hospital, and Presbyterian Hospital, this beautifully updated property offers an exceptional opportunity for investors seeking a well-maintained multifamily property. The property features a desirable unit mix of three spacious 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, with an average unit size of approximately 776 square feet. All four units have been updated, offering updated living spaces designed to appeal to today's rental market. Significant recent capital improvements include water heaters, heating systems, cooling units, and electrical upgrades, providing added value and helping reduce potential near-term maintenance expenses. Conveniently located near major employment centers, educational institutions, healthcare facilities, shopping, dining, and transportation corridors, this property is well-positioned to attract a broad pool of prospective tenants. The seller is open to considering owner financing.
Features
5 bedrooms
3 bathrooms
3105 sq. ft. floor area
crop_free4051 sq. ft. lot size
cottageDuplex
Property history for 1502 Gold Avenue Southeast
2023
Sold
Undisclosed
21 May 2023 by Bruce Golden, of Berger Briggs RE & Prop Mgmt
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Local market activity for 5 bedroom duplexes in Albuquerque
Sold
For Sale
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