517-521 Palomas Drive Se, Albuquerque, NM 87108
Local realty services provided by:ERA Summit
517-521 Palomas Drive Se,Albuquerque, NM 87108
$850,000
- 2 Beds
- 1 Baths
- 6,080 sq. ft.
- Multi-family
- Active
Listed by:jared andrew english
Office:congress realty, inc
MLS#:1090425
Source:NM_SWMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$139.8
About this home
8 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and must be sold together for a combined $900,000. Consist of 2B/1B x4 units & 1B/1B x4 units. This well-maintained 8-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. Fully occupied with strong rent roll and additional upside through future lease-up at market rates.
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Home facts
- Year built:1963
- Listing ID #:1090425
- Added:61 day(s) ago
- Updated:October 21, 2025 at 02:28 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Living area:6,080 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan, Evaporative Cooling
- Heating:Central, Forced Air
Structure and exterior
- Year built:1963
- Building area:6,080 sq. ft.
- Lot area:0.3 Acres
Utilities
- Water:Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$139.8
- Tax amount:$10,286
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