240 Wheeler Ave SE, Albuquerque, NM 87102
FOR SALE
3D VIEW

240 Wheeler Ave SE
Albuquerque, NM 87102

San Jose
  • 3 Beds
  • 2 Baths
  • 2,693 sqft
  • 3 Beds
  • 2 Baths
  • 2,693 sqft

$475,000

Est. Mortgage $2,938/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Exceptional Investment Opportunity! Prime 4-Plex near UNM, CNM & Downtown. Strong Cash Flow! Ideal for investors seeking consistent returns. This fourplex presents a lucrative investment opportunity with consistent rental income & high occupancy rates, ensuring a steady cash flow for investors.Multi-Unit Flexibility: With four individual units, each with its own distinct layout, this property provides versatile living options to attract a diverse range of tenants. Investor-Friendly: Whether you're a seasoned investor or a newcomer to real estate, this fourplex offers a solid investment opportunity with the potential for long-term growth & financial stability.Well-maintained property, turnkey for immediate income generation. Don't miss out on this lucrative opportunity!

Home Highlights

Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$176
Listed
19 days ago

Home Details for 240 Wheeler Ave SE

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 2693 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Built-In Gas Oven, Built-In Gas Range, Dryer, Dishwasher, Microwave, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Forced AirHas CoolingAir Conditioning: RefrigeratedHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: NoneFloors: Carpet, Tile, Vinyl

Exterior Features

Parking & Garage
Parking Spaces: 8

Days on Market

Days on Market: 19

Property Information

Year Built
Year Built: 1989
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Construction Materials: FrameNot a New ConstructionHas Additional Parcels
Property Information
Condition: ResaleParcel Number: 101405520243721204

Price & Status

Price
List Price: $475,000Price Per Sqft: $176

Active Status

MLS Status: Active

Location

Direction & Address
City: Albuquerque

Agent Information

Listing Agent
Listing ID: 1060434

Building

Building Area
Building Area: 2693 Square Feet

Community

Community Features: Deck/Porch, Laundry Facilities, Storage Facilities

Lot Information

Lot Area: 5227.2 sqft

Offer

Listing Terms: Cash, Conventional, FHA

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 1060434Living Area Range Units: Square Feet

Additional Information

Deck/PorchLaundry FacilitiesStorage Facilities
Last check for updates: about 15 hours ago
Listing courtesy of Aldo A Reza, (505) 600-2695
Reza Realty, (505) 600-2695
Source: SWMLS, MLS#1060434

Price History for 240 Wheeler Ave SE

DatePriceEventSource
04/10/2024$475,000Listed For SaleSWMLS #1060434
07/30/2015--Sold
N/A
07/14/2015$174,900Listed For SaleAgent Provided
06/02/2015$177,900ListingRemovedAgent Provided
04/09/2015$177,900Listed For SaleAgent Provided
11/11/2013$255,000ListingRemovedAgent Provided
11/01/2013$255,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2022
Tax$2,496
Assessment$157,309
Home facts updated by county records

Comparable Sales for 240 Wheeler Ave SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.08
Multi-Family Home
-
11/01/23
3
2
1,300
0.56
Multi-Family Home
-
08/22/23
4
3
-
1.06
Multi-Family Home
-
02/02/24
6
3
2,539
1.50
Multi-Family Home
-
12/15/23
2
1
3,816
1.55
Multi-Family Home
-
01/10/24
4
5
2,068
0.95
Multi-Family Home
-
11/30/23
10
5
4,009
1.93
Multi-Family Home
-
07/06/23
4
2
1,670
2.13
Multi-Family Home
-
04/22/24
4
2
2,558
2.03
Multi-Family Home
-
08/31/23
4
3
2,250

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about San Jose

  • Trulia User
    "I wouldn’t recommend this neighborhood, a lot of riff raff, also on the corner of Hibson and Broadway the neighborhood to the SEnof the intersection has a lot of abandoned house that are boarding up."
    1
    Flag

LGBTQ Local Legal Protections

Aldo A Reza, Reza Realty
Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumer’s personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
240 Wheeler Ave SE, Albuquerque, NM 87102 is a 3 bedroom, 2 bathroom, 2,693 sqft multi-family built in 1989. 240 Wheeler Ave SE is located in San Jose, Albuquerque. This property is currently available for sale and was listed by SWMLS on Apr 10, 2024. The MLS # for this home is MLS# 1060434.