1237 Menaul Boulevard NW, Albuquerque, NM 87107
- $545,000
- 8
- BD
- 4
- BA
- 3,400
- SqFt
- List Price
- $545,000
- Price Change
- ▼ $5,000 1792011620
- MLS#
- 1103919
- Property Type
- Multifamily
- Bedrooms
- 8
- Bathrooms
- 4
- Sqft. of Residence
- 3,400
- Lot Size
- 5,227
- Region
- Near North Valley
- Status
- ACTIVE
Property Description
1237 Menaul Blvd. NW presents an attractive value-add multifamily investment opportunity in Albuquerque's North Valley. This fully occupied 4-plex features an efficient unit mix consisting entirely of spacious 2-bedroom, 1-bathroom units, with significant upside potential through rental rate increases. Several units have undergone interior renovations, offering investors an opportunity to capitalize on below-market rents and continued income growth. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40 and the Indian Pueblo Cultural Center, the property provides excellent accessibility to Downtown Albuquerque, major employment centers, and surrounding amenities.
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Additional Information
- County
- Bernalillo
- Subdivison
- Coleman Add
- Acres
- 0.12
- Appliances
- Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
- Cooling
- Refrigerated
- Flooring
- Vinyl
- Heating
- Central, Forced Air
- Owner Pays
- Sewer, Trash Collection, Water
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Zoning
- R-ML*
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Listing courtesy of NAI SunVista Commercial RE.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.