2100 High ST SE, Albuquerque, NM 87102
2100 High ST SE, Albuquerque, NM 87102
2100 High ST SE, Albuquerque, NM 87102
2100 High ST SE, Albuquerque, NM 87102
2100 High ST SE, Albuquerque, NM 87102
2100 High ST SE, Albuquerque, NM 87102
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Listed by Trinity Apartment Company LLC
$ 735,000
Est. payment | /mo

6 Beds

4 Baths

2,588 SqFt

Save
$ 735,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,588 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,588 sqft

Price per Sqft $284

Subdivision Torreon Addition

MLS Listing ID 1113511

Bedrooms 6

Construction Status Resale

HOA Y/N No

Year Built 1982

Annual Tax Amount $7,071

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Exceptional investment opportunity! This beautifully remodeled fourplex offers a rare and highly desirable unit mix of four spacious, two-story, 3-bedroom, 1.5-bathroom units. Completely renovated from top to bottom, this property has been transformed with no shortcuts taken. Everything has been updated or replaced, delivering a truly turnkey investment with minimal anticipated maintenance and no immediate renovation work needed.Boasting an impressive 6.57% cap rate with substantial upside in rental income, this property offers investors the perfect combination of strong in-place returns and future growth potential. Current rents leave considerable room for increases, providing an opportunity to further improve cash flow and overall property value.Ideally situated in a highly desirable location, the property is just a short walk from Lobo Crossings, an exciting 38-acre mixed-use retail and dining development currently under construction. This major nearby development adds to the property's long-term investment appeal.Rare unit mix, extensive renovations, strong returns, rental upside, and an exceptional location -- this is the hassle-free multifamily investment investors have been waiting for!

Location

State NM

County Bernalillo

Area 90 - Near South Valley

Interior

Interior Features Skylights

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet, Vinyl

Fireplace No

Appliance Built-In Gas Range, Convection Oven, Refrigerator

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Exterior Feature Lighting

Community Features Storage Facilities

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 101405650811943113

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

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2100 High ST SE