1016-1110 Wilmoore Drive SE Albuquerque, NM $ 1,200,000
1016-1110 Wilmoore Drive SE
$ 1,200,000
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1016-1110 Wilmoore Drive SE

Albuquerque, NM, 87106
$ 1,200,000
Bedrooms1 Baths1.0 Sq 8,300

Monthly Estimate*

$ 8,382

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Multi-Family Home for sale in Albuquerque, NM

for $1,200,000 with 1 bedroom and 1 full bath. This 8,300 square foot home was built in 1960 on a lot size of 0.66.

12-unit portfolio residential investment opportunity near CNM and UNM. Consists of 3 separate fourplex units on adjacent lots being sold together (2/3 of an acre total). Many updates over the past several years, including thermal windows, refinished hardwood floors, bath remodels etc. Apartment interiors have been well-maintained. Storage closets and carports for tenants with extra storage space for owner (including decommissioned laundry room). Very low to no vacancy on these units, they rent fast and stay rented (historical data available for the past 8 years). Each fourplex can be financed individually with residential loans. Great location close to Isotopes Park, colleges, and I-25. Please, do not disturb tenants. Partial owner financing possible.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 8,105

Style

MultiFamily

Lot Size

0.66

Year Built

1960

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1062104

Features
General
Heating FloorFurnace WallFurnace
Cooling EvaporativeCooling MultiUnits
Utilities CableAvailable ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected
Appliances FreeStandingGasRange Refrigerator
Exterior Features Landscaping
Construction Materials Frame
Year Built 1960
Tenant Pays Electricity Gas
Stories 2
Levels Two
Property SubType MultiFamily
Gross Income 107400.0
Community Features DeckPorch StorageFacilities
Accessibility None
County Bernalillo
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Green Energy Generation None
Status Active
Directions From Yale and Cesar Chavez go west 1 block to Wilmoore south to address.
City Albuquerque
Disclosures LeadBasedPaintDisclosure RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description R-ML*
Total Units 12
MLS Area 42 - UNM South
Lot Size Square Feet 28750.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Wilmoore
Listing Terms Cash Conventional OwnerMayCarry Other SeeRemarks
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8105.0
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 4
Builder Name unknown
Standard Status Active
Year Built Source Owner
Legal Description N/A
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Interior
Flooring Vinyl Wood
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Total Bedrooms 1
Electric On Property Y/N N
Total Baths 1
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Exterior
Number of Buildings 3
Spa N
Building Area Total 8300.0
Lot Size Acres 0.66
Lot Size Source Estimated
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Daniel Grimes

Listing Agent

Grimes Properties

Broker

dan@dangrimes.com

Email

Affordability Calculator

$9,058
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
$675
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$1,200,000 Listed Price

Map


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1016-1110 Wilmoore Drive SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $1,200,000 with 8,300 sqft and a lot size of 0.66. 1016-1110 Wilmoore Drive SE has 1 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 87106 which is in Albuquerque, NM