540 Ortiz DR SE, Albuquerque, NM 87108
540 Ortiz DR SE, Albuquerque, NM 87108
540 Ortiz DR SE, Albuquerque, NM 87108
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Listed by MORE Realty, Inc
$360,000
Est. payment /mo
8 Beds
4 Baths
3,360 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $107

MLS Listing ID 1112705

Bedrooms 8

Construction Status Resale

HOA Y/N No

Year Built 1983

Annual Tax Amount $3,424

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Great investment opportunity just 10 minutes from UNM and Nob Hill! This property features 2-bedroom, 1-bathroom units, individually metered for gas and electricity. Vacant units need some TLC, offering value-add potential to improve rental income and property value. Shares a courtyard with 538 Ortiz (MLS# 1112703 ), creating an excellent opportunity for a combined investment. Seller prefers to sell both properties together. Owner financing may be available. Please do not disturb tenants. Contact the listing agent for showing access. Owner Financing Terms $100k-$200k, 3-5years, interest rate negotiable.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Interior Features Skylights

Heating Forced Air

Cooling Evaporative Cooling

Flooring Laminate

Fireplace No

Appliance Dishwasher, Free-Standing Electric Range, Refrigerator, Range Hood, Self Cleaning Oven

Exterior

Community Features Deck/ Porch

Utilities Available Cable Available, 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 101805604247522622

Security Features Security Gate

Acceptable Financing Cash, Conventional, FHA, Owner May Carry

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, Owner May Carry


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Southwest MLS (SWMLS IDX Plus)

NEARBY SCHOOL & BUSINESS

Caroline Hutton

+1(360) 597-5336

caroline.huttonsellshomes@gmail.com

9792 SW Nimbus Ave, Beaverton, OR 97008, USA

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540 Ortiz DR SE