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Image 1 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Image 2 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Image 3 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Image 4 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Image 5 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Image 6 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Image 7 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Image 8 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Image 9 - 510 Mesilla St Se, Albuquerque, New Mexico, 87108 - House for sale
Home For Sale In Albuquerque, New Mexico
510 Mesilla St Se, Albuquerque, New Mexico, 87108

Home For Sale In Albuquerque, New Mexico

house for sale
15 views
Listed: 03/05/24

510 Mesilla St Se, Albuquerque, New Mexico, 87108

2 Bed:
1 Bath:
Save
Price
$ 772,863

About This House

The prior owner remodeled the property with a new roof, new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers new evaporative coolers updated electrical, wrought iron security fence, new toilets as well as replacing some of the hot water heaters and furnaces.This 8-plex is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation and rent growth.Measures of investment performance at ask price of$772, 863and current average rent of $856 are a GRM of 9.40, a 5.32% cap rate, $96, 608per unit, $128.81/sf.

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International District Housing & Living

Household Income

Median household income: $51,099
Number of households: 228,491
The average household income in Albuquerque, NM grew from $50,456 to $51,099 in the past year. This data is an estimate based upon 228,491 households in Albuquerque, NM.
The chart below presents how household income is distributed in Albuquerque, NM in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Albuquerque, NM compared to median property taxes around the country. The prevalent amount of property taxes in Albuquerque, NM equals $2k-$3k , which is less than the national average.