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$649,311
3 Beds
- 8 Baths
2,760sqft
236 San Pablo St Ne, Albuquerque, NM 87108
$649,311
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Multi Family
Built in 1958
$-- HOA
6,752 sqft lot
$235/sq.ft
Description
8-unit multifamily investment located in a rapidly improving corridor of Northeast Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a high cap rate, strong cash-on-cash returns, and durable demand from long-term workforce tenants.The surrounding neighborhood has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use construction nearby. These improvements support long-term appreciation while maintaining strong rental demand.The asset is a C-class, workforce housing property, which historically performs well through market cycles due to affordability, nece...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
2,760 sqft
Lot Size
6,752 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1099827
MLS Status
Active
Days on Market
143
Cumulative Days on Market
130
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