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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

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