517 Palomas Drive Se, Albuquerque, NM 87108
Local realty services provided by:ERA Summit
517 Palomas Drive Se,Albuquerque, NM 87108
$444,900
- 2 Beds
- 1 Baths
- 3,080 sq. ft.
- Multi-family
- Active
Listed by:jared andrew english
Office:congress realty, inc
MLS#:1091367
Source:NM_SWMLS
Price summary
- Price:$444,900
- Price per sq. ft.:$144.45
About this home
4 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and can be sold together for a combined $900,000. Consist of 2B/1B x2 units & 1B/1B x2 units. This well-maintained 4-unit portfolio is located in a strong rental area and features low-maintenance brick construction with secured gated parking. Units have been updated with new appliances, in-unit washers and dryers, fresh paint, upgraded plumbing, new furnaces, a swamp cooler, enhanced security gates, and a 2017 roof. With one unit currently vacant, investors have the option to capture immediate upside at market rent or to leverage a house-hack model by occupying a unit while collecting income from the others.
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Home facts
- Year built:1963
- Listing ID #:1091367
- Added:1 day(s) ago
- Updated:September 13, 2025 at 06:39 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Living area:3,080 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan, Evaporative Cooling
- Heating:Central, Forced Air
Structure and exterior
- Year built:1963
- Building area:3,080 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$444,900
- Price per sq. ft.:$144.45
- Tax amount:$5,144
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