506 Madison Place SE # 1,2,3

Albuquerque, NM
$ 549,000 Beds 2 Baths 1 Sq 2,640
Monthly Estimate* How much can I afford?

Exceptionally well maintained and updated. Loyal tenants have long rental history. Each unit offers a private patio. Owners suites include large walk in closets. Kitchens have granite counter tops w/newer appliances of less than 4 yrs old. Evaporative coolers 2019, Washer and Dryers in each unit 2019. TPO roof less than 5 years old. Brand New privacy extended gates on units 1&2. New water heaters unit 1&3. Each unit offers a garage. Triplex is gated with security bars. Please view the property's feature sheet that includes all updates. Close to UNM, Nob Hill, KAFB and Sandia Labs the location and property is a fantastic investment opportunity.

Multi-Family

  • Price
  • $ 549,000
  • Lot Size
  • 5,663 SqFt
  • Bedrooms
  • 2
  • Sqr Footage
  • 2,640
  • Full Bathrooms
  • 1
  • Year Built
  • 1999
  • Half Bathrooms
  • 0
  • City, Zip
  • Albuquerque
  • Taxes
  • $ 3247
  • County
  • BERNALILLO
  • Style
  • Triplex
  • Area
  • UNM South
  • MLS#
  • 1003674
  • Zip
  • 87108
Listing Provided by: RE/MAX SELECT
Data Source: Southwest MLS (SWMLS) - 101 - NM

Features

General

Accessibility None
Appliances Dryer, Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator, Washer
Community Features Deck/Porch, Patio
Construction Materials Frame
Cooling Evaporative Cooling, 2 Units, Ceiling Fan(s)
Electric None
Exterior Features Patio
Flooring Carpet, Laminate, Tile
Heating Central, Forced Air
Interior Features Ceiling Fan(s)
Levels Two
Listing Agent State License 49423
Lot Size Square Feet 5663
MLS Area 42 - UNM South
Patio/Porch Features Patio
Property Sub Type Additional Triplex
Property SubType Triplex
Property Type Residential Income
PropertyCondition Resale
Status Active
Stories 2
Terms Cash, Conventional
Total Units 3
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Zoning Description R-ML*

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Washer Hookup, Dryer Hookup, In Unit
Living Area 2640
Total Baths 1
Total Bedrooms 2

Exterior Features

Lot Size Acres 0.13
Lot Size Source Appraiser
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/28/2021 Listed $549,000

Property vs Zip Code Average in 87108

Price
AVG $480K
$550K
Taxes
AVG $2,108
$3,247
Visits
AVG 34
15
Year Built
AVG 1968
1999
Walkscore
AVG 66
75
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

506 Madison Place SE # 1,2,3 Albuquerque, NM is a Single Family Home for sale at $549000 with 2640 sqft and a lot size of 5,663 SqFt Acre(s). 506 Madison Place SE # 1,2,3 Albuquerque has 2 bedrooms, 1 baths and was built in 1999. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.