Property Type:
Residential Income
Lot Size (sq. ft.):
16,204
Status:
Closed
Current Price:
$945,000
List Date:
3/15/2024
Last Modified:
6/26/2024
Overview
Description
Welcome to this exceptional investment opportunity in Albuquerque! We are proud to present a well-maintained 10-unit multifamily property offering affordable housing solutions. This property offers an opportunity for a reliable stream of rental income fulfilling a vital community need through the Section 8 housing program.
Socially conscious investors provide much-needed 2-bed units with 850 SQFT layouts, with its own w/d hookups.
SECT 8 housing provides stability & direct deposit of rent payments. Current rents are 50% below SECT 8 rates with current leases all at month to month.
Viewing the property is available AFTER an accepted offer. Current tenants have rights.
Secure your investment in this lucrative opportunity.
Last Updated: June - 26 - 2024
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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
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