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1201 S Main Street

Belen, NM 87002
  • $750,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 1024314
UPDATED: 61 min ago
$750,000
  • 2
    BEDS
  • 0.46
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 5,400
    SQFT
  • $139
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2008
County:
Area:

School Ratings & Info

Description

Excellent investment opportunity in the heart of Belen, NM. Propery provides 9 units, located just off Main St. The property is fully rented with appealing returns. Current CAP rate of 7.2%. Don't hesitate to move on this one. It won't last long.

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IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2022-12-02T13:05:17.637.
www.metrohomesearch.com/homes/133954069
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1201 S Main Street Belen, NM 87002

  • Price: $750,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 61 min ago
  • MLS #: 1024314
2
Beds
1
Baths
0
½ Baths
0.46
Acres
5,400
SQFT
$139
$/SQFT
2008
Built
Neighborhood:
741 - Belen
County:
Valencia
Area:
741 - Belen
Property Description
Excellent investment opportunity in the heart of Belen, NM. Propery provides 9 units, located just off Main St. The property is fully rented with appealing returns. Current CAP rate of 7.2%. Don't hesitate to move on this one. It won't last long.
Exterior Features

Construction Materials Frame Exterior Features Satellite Dish Levels One

Interior Features

Appliances Free-Standing Gas RangeRange Hood Basement YN No Cooling Central AirEnergy Star Qualified EquipmentCeiling Fan(S) Cooling YN Yes Electric None Flooring LaminateTile Heating CentralForced Air Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Builder Name Unknown Building Area Total 5400 Disclosures Ranm 2100 Disclosure Gross Income 74100 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 19000 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 4816.72 Tenant Pays ElectricityGas Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description C-1

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 271-8200. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2022-12-02T13:05:17.637.
 
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Campbell & Campbell Real Estate Services
5716 Osuna Rd NE
Albuquerque NM, 87109