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311 Palomas Drive NE

Albuquerque, NM 87108

2 beds
1 bath
4,226 sqft
9,601 sqft lot
$100 per sqft
1957 build
– on site

Residents love the complex's private and secluded courtyard entry, the circular driveway and off-street parking options, the bonus exterior storage assigned to each apartment, and the large private yard spaces, almost as much as the quality and unique architectural finishes in each apartment. All units are separately metered for gas and electric and feature small slat oak floors, original custom tile, built-ins, and well-preserved vintage fixtures throughout. The residence at 309 Palomas NE has just been renovated to make the ideal owner occupancy apartment while also demonstrating where value-add renovation work will take the next investor with a market rent that is over 50% higher than the other 3 units.An owner occupant, w/ 3.5% down payment and a 30 yr amtz, could live here for $750

Listing courtesy of SWMLS / NM Apartment Advisors, Inc.

Last checked: Checking… • Last updated Nov 13, 2024 •

MLS# 1073663 —

The Building

Year Built:

1957
Builder Name:

Unknown
New Construction:

false
Construction Materials:

BrickVeneer,Frame
Stories Total:

1
Levels:

One
Basement:

false
Exterior Features:

Landscaping
Building Area Total:

4226.0

Interior

Flooring:

Vinyl,Wood

Room Dimensions

Living Area:

4226.0

Location

Directions:

From I-40 and San Mateo, south to Copper, east to Palomas, south to property.
Latitude:

35.080129
Longitude:

-106.582962

The Property

Parcel Number:

101805710027020404
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Property Condition:

Resale
Zoning Description:

R-MH*
Lot Size Acres:

0.22
Lot Dimensions Source:

PublicRecords
Lot Size SqFt:

9601.0
Lot Size Source:

PublicRecords
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2969.0
Tax Legal Description:

Lots 17, 18, 19, & 20, Block 22,Tijeras Place Addition

Beds

Bedrooms Total:

2

Baths

Total Baths:

1

Heating & Cooling

Heating:

FloorFurnace
Heating:

true
Cooling:

EvaporativeCooling
Cooling:

true

Utilities

Utilities:

ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected
Green Energy Generation:

None

Appliances

Appliances:

Refrigerator

The Community

Subdivision Name:

Tijeras Place Addition

Parking

Parking Total:

4.0

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
11/11/24 Nov 11, 2024	Listed / Active	SWMLS	$425,000

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This multifamily located in Northeast Albuquerque, Albuquerque, NM 87108 is currently for sale for $425,000. 311 Palomas Drive NE is a 4,226 square foot multifamily with 2 beds and 1 bath that has been on Estately for 13 days. 311 Palomas Drive NE is in the Northeast Albuquerque neighborhood of Albuquerque and has a WalkScore® of 78, making it very walkable. This multifamily is in the attendance area of Jefferson Middle School, Zia Elementary School, and Highland High School.

Listing Courtesy of: SWMLS and NM Apartment Advisors, Inc..

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.