801 Ortiz Dr SE, Albuquerque, NM 87108
PENDING

801 Ortiz Dr SE
Albuquerque, NM 87108

South San Pedro
  • 4 Beds
  • 4 Baths
  • 2,437 sqft
  • 4 Beds
  • 4 Baths
  • 2,437 sqft

$499,000

Est. Mortgage $3,137/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Vacant units, completely updated over the last 3 years from with new stucco, Metal Roof, Windows, Paint, Security Bars, Refrigerated A/C, Windows, Water Heater and Appliances. All Tile flooring. Proforma Cap Rate from 6.0%. REC Considered at 50% down. Amazing and rare opportunity to invest in Albuquerque with a tenant ready 4 Plex. Contact Broker or Your Buyer Broker for Showings. Finance/Cash approved showings only. ''Exceptional income property opportunity! This well-maintained 4-plex boasts a prime location, offering a combination of modern amenities and classic charm. Each unit features spacious layouts, updated kitchens, and comfortable living spaces. With a strong rental history, this property promises a steady income stream. Take advantage of the thriving rental market.

Home Highlights

Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$205
Listed
114 days ago

Home Details for 801 Ortiz Dr SE

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4
Dimensions and Layout
Living Area: 2437 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water ConnectedAppliances: Free-Standing Gas Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: Central,Forced AirHas CoolingAir Conditioning: Central Air,Refrigerated,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Flooring: Tile
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneFloors: Tile
Security
Security: Security Gate

Exterior Features

Parking & Garage
Parking Spaces: 4

Days on Market

Days on Market: 114

Property Information

Year Built
Year Built: 1952
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi Family
Building
Construction Materials: FrameNot a New Construction
Property Information
Condition: ResaleParcel Number: 101805602339320910

Price & Status

Price
List Price: $499,000Price Per Sqft: $205

Active Status

MLS Status: Pending

Location

Direction & Address
City: Albuquerque

Agent Information

Listing Agent
Listing ID: 1054932

Building

Building Area
Building Area: 2437 Square Feet

Lot Information

Lot Area: 7840.8 sqft

Offer

Listing Terms: Cash, Conventional, Owner May Carry, Other, See Remarks

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: Electricity, Gas

Miscellaneous

Mls Number: 1054932Living Area Range Units: Square Feet
Last check for updates: about 10 hours ago
Listing courtesy of Thomas Gallegos, (505) 261-8687
Berkshire Hathaway NM Prop, (505) 798-6300
Max C Maner, (505) 934-1215
Berkshire Hathaway NM Prop, (505) 798-6300
Source: SWMLS, MLS#1054932
Also Listed on BHHS broker feed.

Price History for 801 Ortiz Dr SE

DatePriceEventSource
04/22/2024$499,000PendingSWMLS #1054932
03/04/2024$499,000PriceChange
SWMLS #1054932
01/04/2024$550,000Listed For SaleSWMLS #1054932

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Property Taxes and Assessment

Year2022
Tax
Assessment$91,132
Home facts updated by county records

Comparable Sales for 801 Ortiz Dr SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Multi-Family Home
-
08/11/23
5
3
2,470
0.29
Multi-Family Home
-
04/16/24
6
3
2,954
0.24
Multi-Family Home
-
08/18/23
3
2
3,040
0.24
Multi-Family Home
-
08/18/23
3
2
3,040
0.15
Multi-Family Home
-
08/24/23
3
2
1,236
0.58
Multi-Family Home
-
02/27/24
4
2
2,000
0.16
Multi-Family Home
-
02/16/24
2
1
1,550
0.31
Multi-Family Home
-
11/20/23
2
2
1,225
0.40
Multi-Family Home
-
06/06/23
2
1
2,940
0.26
Multi-Family Home
-
01/03/24
5
5
-

Neighborhood Overview

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

What Locals Say about South San Pedro

  • Trulia User
    "The stores here are all closing. Business is bad in this area. The homelessness in this area is at a all time high. "
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  • Trulia User
    "I've been living here for 12 years and I had very minimal problems not too bad unless you cross on the other side of Catherine"
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  • Trulia User
    "easy to get around easy access to public transportation you can walk to any of the locations it's pretty close in the middle of everything"
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  • Trulia User
    "I used to live in this area, it was great.. I have children añd I felt it was safe for them to play and be children."
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  • Trulia User
    "there are not many kids around but there is a park. there are several schools located nearby. it is easy to access public transportation. "
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  • Trulia User
    "family friendly community nice parks the areas are very clean people pick up after their pet dropping"
    0
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  • Rhonda L.
    "I do have a dog .he lets me know when people are around its just me and him .I feel very safe when has around me.He doesn't go to other people he stays with me"
    0
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  • Sanders.bosslady87
    "to many homeless people and drugs around the house and not safe for pets or people who live in the same area"
    5
    Flag
  • Louisa E.
    "Everything is walking distance if you don’t have a vehicle. During the day it’s nice at night it can get a lil scary "
    2
    Flag
  • Niteranger359
    "there's a lot of speeding cars in the neighborhood. you won't see many kids playing in the front yards."
    5
    Flag
  • Robert R.
    "There is a colorful mix of people, all ages and nationalities. Great local pizza shop and excellent Asian inspired restaurants."
    13
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  • Xeturah W.
    "I have lived in the South San Pedro neighborhood for over 7 years. I love the central location, the friendly neighbors and easy access to UNM/CNM. There are great locally-owned restaurants and shops. I always support local businesses. Overall, it is a great place to live and work!"
    14
    Flag

LGBTQ Local Legal Protections

Thomas Gallegos, Berkshire Hathaway NM Prop
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.
801 Ortiz Dr SE, Albuquerque, NM 87108 is a 4 bedroom, 4 bathroom, 2,437 sqft multi-family built in 1952. 801 Ortiz Dr SE is located in South San Pedro, Albuquerque. This property is currently available for sale and was listed by SWMLS on Jan 4, 2024. The MLS # for this home is MLS# 1054932.