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1036 MADEIRA Drive SE, Albuquerque, NM 87108

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For Sale
Sale Pending

$399,900

1 beds • 2,865 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $139.58
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Discover this updated, low-maintenance income producing property! An ideal opportunity for both first-time & seasoned investors. This well-maintained asset offers a desirable unit mix, featuring (3) 1-bedroom/1-bath units (Units A, B & C), & a spacious 3-bedroom/2-bath unit (Unit D) complete with a detached 1-car garage. In 2020, the owner completed upgrades to ensure long-term value & energy efficiency, including: Mini-split heating & refrigerated air systems in all units, Upgraded electrical service, pro-panel metal roof, Fresh stucco, dual-pane windows, perimeter fencing & landscaping. Units A & D have been fully remodeled with tasteful, modern interiors. Units B & C are occupied by long-term tenants & currently rented below market value, offering potential for future rental growth!
MLS# 1085343

Courtesy Of Southwest Elite Real Estate

(505) 280-9256

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Laminate, Tile, Wood
  • Lot Size
    0.19 Acres

Map and Directions

Directions to 1036 MADEIRA Drive SE, Albuquerque, NM 87108

Home seller CENTURY 21 Camco Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Camco Realty

(505) 292-2021
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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