517-521 Palomas Drive SE Albuquerque, NM 87108
Listing Courtesy of: Albuquerque / Congress Realty, Inc

  517-521 Palomas Drive SE Albuquerque, NM 87108

Active
$900,000
2
BED
1
BATH
6,080
SQFT
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Description

8 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and must be sold together for a combined $900,000. Consist of 2B/1B x4 units & 1B/1B x4 units. This well-maintained 8-unit portfolio is located in a strong rental area and features low-maintenance brick construction with secured gated parking. Units have been updated with new appliances, in-unit washers and dryers, fresh paint, upgraded plumbing, new furnaces, a swamp cooler, enhanced security gates, and a 2017 roof. Fully occupied with strong rent roll and additional upside through future lease-up at market rates.

MLS #:
1090425
Taxes
$10,286
Lot Size
6,970 SQFT
Type
Multifamily
Year Built
1963
County
Bernalillo County

Listed By

Jared Andrew English, Congress Realty, Inc
Source
Albuquerque
Last checked Sep 1 2025 at 5:45 AM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
  • Disposal
  • Dryer
  • Washer
  • Ceiling Fan(s)
  • Laundry: Washer Hookup
  • Laundry: Dryer Hookup
  • Range Hood
  • Laundry: In Unit
Heating and Cooling
  • Central
  • Forced Air
  • Evaporative Cooling
  • Ceiling Fan(s)
Flooring
  • Tile
Utility Information
  • Utilities: Water Available, Electricity Available, Natural Gas Available, Sewer Available
Stories
  • 1
Living Area
  • 6,080 sqft
Location
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Disclaimer: Copyright 2025 Southwest MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/31/25 22:45
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