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2130 Coal Ave SE
2130 Coal Ave SE Albuquerque, NM 87106
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Overview
This Albuquerque property offers a 2,592 SF building with 3 units, ideal for Multifamily / Low-Rise/Garden investors. Built in 1940 and zoned MX-L, it presents a compelling opportunity for expansion and development. Schedule a viewing today and seize the potential of this prime real estate opportunity.Property must close at the same time as 2128 Coal Av SE Roof is around 8 years old. Air conditioners are 2 years old.
2,592 SF building
3 units
Built in 1940
Zoned MX-L
Prime Albuquerque location
For Sale
Multifamily
Investment
- Sale Price
- $540,000
- Price Per SF
- $208.3/SF
- Investment
- Yes
- Cap Rate
- 4.7%
- Gross Income
- $42,000
- Net Operating Income
- $25,401
- Total Expenses
- $14,643
- Building Size
- 2,592 SF
- Acres
- 0.1618 ac
- Zoning
- MX-L
- Zoning Description
- Low Intensity
- Submarket
- University
- Nearest MSA
- Albuquerque
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 100
- Total Units
- 3
- County
- Bernalillo
- Created
- 2024-09-09
- Updated
- 2024-10-02
- Listing ID
- 98da4202
- Parcel APN
- 101505751207640321