Bought with Superior Realty
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121 TERRACE ST SE Albuquerque, NM 87106
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Key Details
Sold Price $545,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,450 sqft
Price per Sqft $157
MLS Listing ID 1085186
Sold Date 01/02/26
Bedrooms 1
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $944
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions Public Records
Property Sub-Type Multi Family
Property Description
Prime UNM location! Silver Hills neighborhood. 2 buildings - 121 Terrace - Four - 1 bedroom 1 bath units. 500SF each. Wall heater and window units for cooling.Each rented for $800/month. Current lease agreements. 117 & 119 Terrace is separate duplex. Both units are 1 bedroom 1 bath unit with screened front porches. Hardwood floors. Living room, dining room, full bath of bedroom and each unit has a basement for storage. 117 Terrace - 650SF long term tenant at below market rent. $625/m. M/M lease. 119 Terrace - 800SF. $975/m. M/M lease. Add cosmetic updates for instant equity! Flooring and fixtures can go along way. Priced to sell AS-IS. Please do not disturb tenants. Offer subject to inspection. NO RECs. Portfolio financing options available.
Location
State NM
County Bernalillo
Area 42 - Unm South
Interior
Heating Floor Furnace, Wall Furnace
Cooling Window Unit(s)
Flooring Laminate, Vinyl, Wood
Fireplace No
Appliance Free-Standing Gas Range, Refrigerator
Exterior
Community Features Storage Facilities
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Accessibility None
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101505744527210607
Acceptable Financing Cash, Conventional
Green/Energy Cert None
Listing Terms Cash, Conventional
Financing Conventional
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