Property Listing No Longer Available for Sale

2109 SILVER Avenue SE, Albuquerque, NM

Multi-family for Sale - $315,000 - 1,800 Sq. Ft.


Property Info

CIMLS#1060964
Location
  2109 SILVER Avenue SE
  Albuquerque NM 87106
UpdatedNovember 26th, 2019
TypeMulti-family
Price$315,000
Building1,800 Sq. Ft.

Property Description

Updated House plus 4 studio apartments located south of UNM and just north of CNM. 953 SQ FT house features spacious livingrm with a fireplace, formal diningrm, roomy kitchen, 2 bedrooms, 1 bath, plus a laundry room. Hardwood floors in livingrm, dining rm, and both bedrms. CFA Heat and Evaporative cooling. 842 sq ft Back rental unit has 4 studio apartments.Rental units are all electric. Back Tenants pay their electric bill except in Unit 3 that has a shared water heater. Unit 4 tenant has rented for 15 years. His rent is $100 below market. Long driveway can accommodate 3 cars back to back + 2 dedicated parking places for the back units. The homes is zoned R-1B but has a legal Non-Conforming Use Designation by the City (see documents). Many Major property improvements since May 2019.


Financials