1009 DICKERSON Drive SE

Estimated Monthly Payment: $2,102/mo 1009 DICKERSON Drive SE, Albuquerque, NM 87106 MLS# 991503 ResidentialIncome Listing Status: Active
1
2,917 sqft

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REMARKS:

Extremely rare opportunity to own a well maintained four plex in this centrally located Southeast Neighborhood. The last reported sale in MLS of a unit on this street was in 2020! These do not come on the market often. The property has two one bedroom, one bath units, and two two bedroom, one bath units. The units feature a mix of vinyl and carpet flooring. Each unit has a courtyard and storage unit. The greatly improvable rents and current expenses result in a CAP rate of 4.3 at current asking price. Improving rents to current market rates results in a CAP rate of 5.3 at asking price. 100% Occupied. Offer subject to walk through and inspections. Please honor the tenants privacy and do not walk the property or contact the occupants in any manner. No showings without accepted offer.

OVERVIEW:

ResidentialIncome
Quadruplex
Active
42 - UNM South
1978
2917
0.18
8015
Frame
EvaporativeCooling
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected

FEATURES:

Dishwasher,FreeStandingElectricRange,Refrigerator,RangeHood
StorageFacilities

ROOM INFO:

1
Carpet,Vinyl

FINANCIAL:

$412,500
$2,655

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of ABQ Properties LLC

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