510 Mesilla St SE #510, Albuquerque, NM 87108
FOR SALE

510 Mesilla St SE #510
Albuquerque, NM 87108

Trumbull Village
  • 2 Beds
  • 1 Bath
  • 3,000 sqft
  • 2 Beds
  • 1 Bath
  • 3,000 sqft

$449,114

Est. Mortgage $2,792/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Measure of investment performance include 6.45% cap rate at $449,114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment.Couple that with the impact of the citywide expansion of Netflix, Facebook,Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$150
Listed
50 days ago

Home Details for 510 Mesilla St SE #510

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1
Dimensions and Layout
Living Area: 3000 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: RefrigeratorRefrigerator
Heating & Cooling
Heating: Central,Forced AirHas CoolingAir Conditioning: Evaporative CoolingHas HeatingHeating Fuel: Central
Gas & Electric
Electric: None
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneAccessibility: NoneFloors: Vinyl

Days on Market

Days on Market: 50

Property Information

Year Built
Year Built: 1960
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: 101905610544621315

Price & Status

Price
List Price: $449,114Price Per Sqft: $150

Active Status

MLS Status: Active

Location

Direction & Address
City: AlbuquerqueCommunity: Emil Mann

Agent Information

Listing Agent
Listing ID: 1058525

Building

Building Area
Building Area: 3000 Square Feet

Lot Information

Lot Area: 6969.6 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

Business

Expense
Tenant Pays: Other, See Remarks

Miscellaneous

Mls Number: 1058525Living Area Range Units: Square Feet
Last check for updates: 1 day ago
Listing courtesy of Todd D Clarke, (505) 440-8633
NM Apartment Advisors, Inc., (505) 440-8633
Source: SWMLS, MLS#1058525

Price History for 510 Mesilla St SE #510

DatePriceEventSource
03/09/2024$449,114Listed For SaleSWMLS #1058525

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Bed
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0.43
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04/12/24
2
1
3,032
0.47
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10/18/23
2
1
3,000
0.19
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08/24/23
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2,373
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06/09/23
1
1
1,231
0.15
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10/02/23
4
2
1,454
0.25
Multi-Family Home
-
03/15/24
4
2
1,839
0.19
Multi-Family Home
-
08/24/23
5
3
2,373
0.08
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08/25/23
8
4
2,730
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12/11/23
3
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1,872
0.45
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07/27/23
2
1
7,480

Neighborhood Overview

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

What Locals Say about Trumbull Village

  • Teresita B.
    "This neighborhood has great access to the city bus route. The main bus everybody takes or needs to take goes right through the area. This bus will take you to where you can choose different bus routes that can take you where you need to go. "
    0
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  • Teresita B.
    "We hardly have events but when we do usually it's from the church or the community center. They do have places in the neighborhood that give out food, sometimes fruits and vegetables but even tho it's rare they are still helping the community by doing things like that. "
    1
    Flag
  • Rnavarrette660
    "The abundance of drug paraphernalia and trash all throughout the area. There also arent any dog parks in this area to take animals to run freely which I know any pet owner wouldn't be happy about. "
    0
    Flag
  • Monicaperkins
    "They would not like that there is no dog park. People do not clean up after there pets. I don't like that they don't walk there dogs on leashes."
    0
    Flag
  • Generosostella342
    "get the homeless out and guns there too many guns shots almost every night once it's clear this then I'll think about going outside"
    0
    Flag
  • Addie N.
    "glass and needles all over... no grass... no one picks up their dogs poop... loose dogs... dangerous area...not ideal "
    1
    Flag
  • Kelly L. B.
    "Dogs are common to have an almost needed here ! This area is not Disneyland you need to look out for each other ! "
    0
    Flag
  • Leslie R.
    "Its is very diverse. For the most part people look out for each other. It can get a little crazy around here at times, but I havent had any major issues other thsn a vehicle broken into, but thats everywhere."
    27
    Flag
  • Samantha B.
    "There are crazies shooting guns and waving axes around in this nieghborhood. I also see a lot of homeless people and drug addicts."
    1
    Flag

LGBTQ Local Legal Protections

Todd D Clarke, NM Apartment Advisors, Inc.
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.
510 Mesilla St SE #510, Albuquerque, NM 87108 is a 2 bedroom, 1 bathroom, 3,000 sqft multi-family built in 1960. 510 Mesilla St SE #510 is located in Trumbull Village, Albuquerque. This property is currently available for sale and was listed by SWMLS on Mar 9, 2024. The MLS # for this home is MLS# 1058525.