508 Tennessee Street Ne, Albuquerque, NM 87108
Local realty services provided by:ERA Sellers & Buyers Real Estate
508 Tennessee Street Ne,Albuquerque, NM 87108
$315,000
- 8 Beds
- 4 Baths
- 3,200 sq. ft.
- Multi-family
- Pending
Listed by: k2 omni group, kristina salcido
Office: exp realty, llc.
MLS#:1111950
Source:NM_SWMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$98.44
About this home
**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **Excellent investment opportunity with this 4-unit multifamily property in Albuquerque! Each unit offers approximately **800 square feet with 2 bedrooms and 1 bathroom**, providing a total of **8 bedrooms and 4 bathrooms** across the property.Previously fully rented for the past several years, this property offers flexibility for the next owner. **Update and improve the units to maximize future rental potential, or prepare them for tenants with minimal turnaround.** The established multifamily configuration makes this a great opportunity for investors looking to add doors to their portfolio.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)With **seller financing available**, buyers may have additional flexibility when structuring their purchase. Whether you're looking for your next value-add project or a multifamily rental opportunity, 508 Tennessee St SE is ready for its next chapter!**Buyer to do own due diligence on sqft and condition as seller never lived at the property and rented it out through another company for length of ownership....
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Home facts
- Year built:1978
- Listing ID #:1111950
- Added:1 day(s) ago
- Updated:October 04, 2026 at 06:56 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Tile
- Kitchen Description:Refrigerator
- Living area:3,200 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Central, Forced Air
Structure and exterior
- Year built:1978
- Building area:3,200 sq. ft.
- Lot area:0.3 Acres
- Construction Materials:Frame, Stucco
- Levels:2 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$98.44
Features and amenities
- Appliances:Refrigerator
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