USANMAlbuquerque508 Tennessee St Ne
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New
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$315,000

Pending

5 days ago

508 Tennessee St Ne, Albuquerque, NM

House

MLS® 1111950

Buyer represented by K2 Omni Group of EXP Realty, LLC

8 Bed

4 Bath

3200 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3200 sqft
Garage 
Taxes 
Lot Size 0.3 Acres
Approx. Age 1978
Avg. Price Per Sqft $98
MLS® Number 1111950

Property Address: 508 Tennessee St Ne, Albuquerque, NM, 87108-2356

Average square foot calculated using Size range provided by listing agent.

Description

**SELLER FINANCING OPPORTUNITY AVAILABLE!** Property is being sold as-is, with no repairs to be made by seller **Excellent investment opportunity with this 4-unit multifamily property in Albuquerque! Each unit offers approximately **800 square feet with 2 bedrooms and 1 bathroom**, providing a total of **8 bedrooms and 4 bathrooms** across the property.Previously fully rented for the past several years, this property offers flexibility for the next owner. **Update and improve the units to maximize future rental potential, or prepare them for tenants with minimal turnaround.** The established multifamily configuration makes this a great opportunity for investors looking to add doors to their portfolio.This property is prime for renovation and ready for some TLC as it is being sold as-is condition. Whether you're looking to customize a home to fit your lifestyle, build equity through improvements, or take on your next investment project, there is plenty of potential here. An FHA/Conventional/VA 203(k) renovation loan may also be an option for qualified buyers, subject to lender, property, and program requirements. (Partner lender has program designed for this house as well as incentive to buyer!)With **seller financing available**, buyers may have additional flexibility when structuring their purchase. Whether you're looking for your next value-add project or a multifamily rental opportunity, 508 Tennessee St SE is ready for its next chapter!**Buyer to do own due diligence on sqft and condition as seller never lived at the property and rented it out through another company for length of ownership.
MLS® Number1111950
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1978
Basement
Driveway
Garage Spaces
HeatCentral, Forced Air
A/CEvaporative Cooling

Extras

Price History

-End Date
-Sold Price

Pending

Oct 3, 2026List Date
$315,000List Price
  • Commute

Commute

Starting Address
Destination Address
508 Tennessee St Ne, Albuquerque, NM

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KG

Listing Agent

K2 Omni Group

[email protected]
(505) 750-2837
Kristina Salcido

Listing Agent

Kristina Salcido

[email protected]
(781) 718-0523
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