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508 5Th Street SW

Albuquerque, NM 87102 — New Mexico Town Companys Orig, Bernalillo County

  • beds
  • baths
  • 2,687 sqft
  • 3,049 sqft lot
  • $141 per sqft
  • 1915 build
  • on site

Air BNB dream! Beautiful income property located in the heart of Downtown Albuquerque. Stable tenants can stay or leave. These tenants are on a month to month and willing to sign a lease or be given their 1 month notice. Owner has kept these tenants at what he describes as under market rents so to avoid the trouble of getting new tenants. Client believes the rents could be increased. This property is located in the perfect location for a short term rental. Professionals on the weekdays and tourists on the weekends. Home can be shown after acceptable offer is accepted contingent upon walk through. Schedule a Private Showing

Listing courtesy of SWMLS / Earth Origins Realty LLC

MLS# 944645 — Report a problem

Property details for 508 5Th Street SW

Last refreshed 1 minute ago

The Building

Year Built:
1915
Construction:
Frame
Stories:
2
Roof:
Pitched, Shingle
Exterior:
Stucco
Basement:
No
SqFt Source:
Broker
Apx Structured SqFt:
2687.00
Disability Access:
No

Interior

Amenities:
Owners Unit, Private Patios
Flooring:
Carpet, Stone, Vinyl
Appliances included:
Frestnd Gas Stv/Ovn
Miscellaneous Info:
Some Furnished

Financial & Terms

Finance Considered:
Cash, Conventional
Bank Owned:
No
Tax Exemption:
No

Location

Area:
80 - Downtown Area
City/Town Code:
Albuquerque
Zip Code:
87102
County:
Bernalillo
Directions
Downtown from Central and 5th, South on 5th just past Coal. Property is on the East side of 5th between Coal and Iron. Back unit is accessible from the alley, just to the South of House.

The Property

Lot SqFt:
3049.20
Property Sub-Type:
Four Plex
Zoning:
SU-2
Electric Provider:
Public Utility

Listing Agent

Sign up to see info
Agent phone:
(505) 688-1228
Office phone:
(505) 688-1228

Taxes

Apx Taxes:
$1,747.18

The Listing

Lot Size Source:
Broker
Builder:
unknown

Heating & Cooling

Heating:
Central Forced Air, Wall Unit
Cooling:
2+ Units

Utilities

Utilities:
Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Water Connected

The Community

Subdivision:
New Mexico Town Companys Orig

Parking

Parking:
Other Parking, Street Parking Only

Extra Units

5+ Units:
No
Total Units:
4
Unit 1 Actual Rent:
$700
Unit 2 Actual Rent:
$550
Unit 3 Actual Rent:
$600
Unit 4 Actual Rent:
$500
Unit 1 Bedrooms:
2
Unit 4 Bedrooms:
1
Unit 1 Bathrooms:
1.00
Unit 4 Bathrooms:
1.00
Unit 2 Bedrooms:
1
Unit 3 Bedrooms:
1
Unit 2 Bathrooms:
1.00
Unit 3 Bathrooms:
1.00
Total Actual Rent:
$2,350
Average Actual Rent:
$587.50
Annual Gross Income:
$28,200
Unit 1 Square Feet:
968
Unit 1 Square Feet:
649
Unit 3 Square Feet:
696
Unit 4 Square Feet:
374
Number of unit types 1:
1
Number of unit types 2:
1
Number of unit types 3:
1
Number of unit types 4:
1

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What it’s like to live at 508 5Th Street SW

Your commute

WalkScore®

Provided by WalkScore® Inc.

92

Walker's Paradise

Soundscore™

Provided by HowLoud

73

Moderate

Loud Moderate Quiet

Internet Speed

Provided by BroadbandNow®

987 Mbps

About internet speed

XFINITY from Comcast

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Sale history for 508 5Th Street SW

DateEventPrice% ChangeSource
May 15, 2019Listed / Active$380,000SWMLS

Schools near 508 5Th Street SW

6

Dolores Gonzales Elementary School

Public K-5

4

Washington Middle School

Public 6-8

7

Albuquerque High School

Public 9-12

6

Dolores Gonzales Elementary School

Public K-5

8

Coronado Elementary School

Public K-5

N/A

St Mary's School

Private K-8

N/A

Immanuel Lutheran School

Private K-8

2

Eugene Field Elementary School

Public K-5

4

Lew Wallace Elementary School

Public K-5

4

Washington Middle School

Public 6-8

N/A

St Mary's School

Private K-8

N/A

Immanuel Lutheran School

Private K-8

7

Albuquerque High School

Public 9-12

6

Amy Biehl Charter High School

Public 9-12

N/A

Gordon Bernell Charter School

Public 9-12

N/A

St Mary's School

Private K-8

N/A

Immanuel Lutheran School

Private K-8

* GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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The details on 508 5Th Street SW: This multifamily located in Southwest Albuquerque, Albuquerque, NM 87102 is currently for sale for $380,000. 508 5Th Street SW is a 2,687 square foot multifamily with – beds and – baths that has been on Estately for 7 days. 508 5Th Street SW is in the Southwest Albuquerque neighborhood of Albuquerque and has a WalkScore® of 92, making it walker's paradise. This multifamily is in the attendance area of Dolores Gonzales Elementary School, Washington Middle School, and Albuquerque High School.

Listing Courtesy of: SWMLS and Earth Origins Realty LLC.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Copyright © 2019 Estately, Inc. Data displayed here has not been verified by Estately.