501 Charleston St SE, Albuquerque, New Mexico, 87108
8Bed:
4Bath:
2,880 Sq FtLiving Area:
Save
Price
$ 375,000
Show
6
more
About This
House
Great investment property! Always rented! Rents can be raised. Tenants are month to month. Current CAP rate is 8.01%.Seller pays some gas and electric for tenants with higher rents. Most flooring is laminate or tile. Only one unit has carpet in bedrooms. Each unit has a storage closet, Property is completely fenced with gate to courtyard, as well. Located near parks, school, and KAFB. Fourplex next door at 505 has its own legal but needs to be sold together with 501! Do not disturb tenants. 10 parking spaces for each four plex in gated and paved lot. Seller pays for outside lighting. Note: Seller pays gas and electric for one unit with higher rent of $950/mo. Call LA for more info.
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expert tips to reduce the risk of fraud when renting a new apartment.
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.