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About This Home
This 4-bedroom, 3-bathroom residential multi family at 501 Mesilla Street SE in Albuquerque, NM is listed for $280,000. Built in 1963, on a 0.16 acres lot.
This well maintained 3-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Recent updates include a new roof, fascia, & evaporative cooler, completed appx 1.5 years ago, and new windows in units #B & #C, improving energy efficiency & tenant comfort.
Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Functional floor plans & courtyard-style layout appeal to tenants seeking convenience & affordability. Whether you're expanding your investment portfolio or entering multifamily ownership, this property offers strong income potential with meaningful upgrades.
Key Features
- Built in 1963
- 0.16 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,497/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
501 Mesilla Street SE
Albuquerque, NM 87108
Property Details
Flooring
Heating
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 501 Mesilla Street SE is listed at $280,000. The estimated monthly payment is $1,213 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 0.16 acre lot.
This property is listed by Jeremiah D. Collins and can be reached at 5057105478 or redbooth@gmail.com.
