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209 Texas Street NE

Albuquerque, NM 87108

2 beds
1 bath
2,650 sqft
6,969 sqft lot
$137 per sqft
1950 build
37 days on site

11.6% CAP RATE!! All unites are rented with renewable leases. New TPO roof with warranty. New fencing and new stucco surfaces. No carpet. Easy maintenance. All electrical for easy inexpensive repairs. All unites have stoves and refrigerators. Some have washer hookups. Both 209 and 211 Texas must be sold together. You get the advantage of an 8-plex with the advantage of residential funding, or use seller financing with 20% down, 6% interest. Seller needs to move to another project so these units are priced to sell.

Listing courtesy of SWMLS / Criel and Associates, LLC

Last checked: Checking… • Last updated Feb 3, 2025 •

MLS# 1077517 —

The Building

Year Built:

1950
Builder Name:

Unknown
New Construction:

false
Construction Materials:

Frame,Stucco
Stories:

1
Levels:

One
Basement:

false
Accessibility Features:

WheelchairAccess
Security Features:

ComplexFenced
Building Area Total:

2650.0
Building Area Source:

Appraiser

Interior

Flooring:

CarpetFree,Tile,Vinyl
Laundry Features:

WasherHookup,DryerHookup,InUnit

Room Dimensions

Living Area:

2650.0
Living Area Source:

Appraiser

Location

Directions:

From Copper and Wyoming, go west to Texas. South to property, 4 plex on west side. No sign. Do not disturb tenants. 4-plex at 211 Texas is also available, and both buildings must be sold together. Seller financing available with substantial down payment, at least 20%.
Latitude:

35.07679
Longitude:

-106.55621

The Property

Parcel Number:

101905736915241903
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Property Condition:

Resale
Zoning Description:

R-ML*
Lot Size Acres:

0.16
Lot Dimensions Source:

PublicRecords
Lot Size SqFt:

6969.6
Lot Size Source:

PublicRecords

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

1531.16
Tax Legal Description:

* 043 014MESA VERDE L43 & 44 & E 1 FT OF LTS 5 & 6

Beds

Bedrooms Total:

2

Baths

Total Baths:

1

Heating & Cooling

Heating:

Baseboard,Electric
Heating:

true
Cooling:

EvaporativeCooling
Cooling:

true

Utilities

Utilities:

CableAvailable,ElectricityConnected,PhoneConnected,SewerConnected,WaterConnected
Green Energy Generation:

None

Appliances

Appliances:

FreeStandingElectricRange,Refrigerator

The Community

Subdivision Name:

Mesa Verde Add

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/2/25 Feb 2, 2025	Listed / Active	SWMLS	$365,000

Multifamily For Sale

$365,000

Listing provided by broker:

Vicki Criel

Criel and Associates, LLC

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This multifamily located in Northeast Albuquerque, Albuquerque, NM 87108 is currently for sale for $365,000. 209 Texas Street NE is a 2,650 square foot multifamily with 2 beds and 1 bath that has been on Estately for 38 days. 209 Texas Street NE is in the Northeast Albuquerque neighborhood of Albuquerque and has a WalkScore® of 57, making it somewhat walkable. This multifamily is in the attendance area of Hayes Dual Language Magnet Middle School, La Mesa Elementary School, and Highland High School.

Listing Courtesy of: SWMLS and Criel and Associates, LLC.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.