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For sale: 346.00 Sq.Ft. Multi-Family Home, Albuquerque NM - $150,000

Size:346.00 Sq.Ft..
Type:Multi-Family
Bedrooms:1
Bathrooms:1
Garage space:None
Location:
245 Pennsylvania st NE, Albuquerque, NM 87108
See map & satellite photo. Print map.
Price(USD):$150,000
    Description:
I am looking for a buyer to assume a purchase contract on a 6-plex. The address is 245 Pennsylvania NE, Albuquerque, NM 87108. The contract price is $145,000 and the assignment fee is $5000.

The units are 1 bedroom/1 bathroom and rent for about $400 per month. Electric and gas are metered sepately. Water and garbage are paid by the owner.

Repairs
Replace back windows (2 per unit)
Stucco
Paint
Most of the swamp coolers and wall heaters probably need to be replaced

I have estimates for all of the repairs. The repairs come to about $17,000. However, you can cut costs by doing some of the work yourself. The estimates break down the cost of materials and labor, so you can easily see how much it would cost you to do the work.

Email or call if you are interested. I can email or fax you a copy of the purchase agreement, estimated financials, repair estimates.

Kayla Chambers
505-710-8173
cal1st0@hotmail.com­
Cal1st0   505-710-8173   Send e-mailE-mail  
2.1.2009   #21299   Views: 4457 Add the ad to "Saved ads"Save the ad   Send e-mail to friends about the real estate adTell friends   Abuse report  
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