240 Wheeler Avenue SE Albuquerque, NM $ 475,000
240 Wheeler Avenue SE
$ 475,000
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240 Wheeler Avenue SE

Albuquerque, NM, 87102
$ 475,000
Bedrooms2 Baths1.0 Sq 2,693

Monthly Estimate*

$ 3,157

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Multi-Family Home for sale in Albuquerque, NM

for $475,000 with 2 bedrooms and 1 full bath. This 2,693 square foot home was built in 1989 on a lot size of 0.12.

Exceptional Investment Opportunity! Prime 4-Plex near UNM, CNM & Downtown. Strong Cash Flow! Ideal for investors seeking consistent returns. This fourplex presents a lucrative investment opportunity with consistent rental income & high occupancy rates, ensuring a steady cash flow for investors.Multi-Unit Flexibility: With four individual units, each with its own distinct layout, this property provides versatile living options to attract a diverse range of tenants. Investor-Friendly: Whether you're a seasoned investor or a newcomer to real estate, this fourplex offers a solid investment opportunity with the potential for long-term growth & financial stability.Well-maintained property, turnkey for immediate income generation. Don't miss out on this lucrative opportunity!

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Multi-Family Active

Price

$ 475,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,635

Style

Quadruplex

Lot Size

0.12

Year Built

1989

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1060434

Features
General
Heating Central ForcedAir
Cooling Refrigerated
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances BuiltInGasOven BuiltInGasRange Dryer Dishwasher Microwave Refrigerator Washer
Year Built 1989
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 50400.0
Community Features DeckPorch LaundryFacilities StorageFacilities
Accessibility None
County Bernalillo
Operating Expense 12081.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Green Energy Generation None
Status Active
Directions I-25 South to Gibson West on Gibson to Broadway South on Broadway to San Jose West on San Jose to Hinkle North on Hinkle to 240 Wheeler. Located on the SW corner of Hinkle and Wheeler
City Albuquerque
Disclosures RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description SU-2
Total Units 4
MLS Area 90 - Near South Valley
Lot Size Square Feet 5227.2
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Wheeler
Listing Terms Cash Conventional FHA
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2635.5
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=KUrfaEqpM1B&mls=1 https://my.matterport.com/show/?m=KUrfaEqpM1B&mls=1
Days on Market 45
Builder Name Unknown
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Legal Description * 003 007BROADWAY PL EXTEON
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Interior
Flooring Carpet Tile Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Total Bedrooms 2
Electric On Property Y/N N
Total Baths 1
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Exterior
Total Parking 8.0
Number of Buildings 1
Spa N
Building Area Total 2693.0
Lot Size Acres 0.12
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Aldo Reza

Listing Agent

Reza Realty

Broker

aldo@rezarealtynm.com

Email

Affordability Calculator

$3,377
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,157
Monthly Property Taxes
$220
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$475,000 Listed Price

Map


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240 Wheeler Avenue SE, Albuquerque, NM, 87102 is a Multi-Family Home for sale at $475,000 with 2,693 sqft and a lot size of 0.12. 240 Wheeler Avenue SE has 2 bedrooms, 1.0 baths, and was built in 1989. The property's zip code is 87102 which is in Albuquerque, NM