537 Valencia DR SE, Albuquerque, NM 87108
537 Valencia DR SE, Albuquerque, NM 87108
537 Valencia DR SE, Albuquerque, NM 87108
537 Valencia DR SE, Albuquerque, NM 87108
537 Valencia DR SE, Albuquerque, NM 87108
537 Valencia DR SE, Albuquerque, NM 87108
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Susan Buchman

Susan Buchman

+1(505) 554-4173
Listed by Maestas Real Estate Services
$ 331,592
Est. payment | /mo

3 Beds

3 Baths

1,929 SqFt

Save
$ 331,592
Est. payment | /mo
Save

3 Beds

3 Baths

1,929 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,929 sqft

Price per Sqft $171

Subdivision Plat Of Shirley S Subdivision

MLS Listing ID 1113596

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $3,011

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions Public Records

Property Sub-Type Triplex

Property Description

On behalf of the owners, NM Apartment Advisors and Maestas Real Estate Services are pleased to present this gem of a triplex, which includes well lit off street parking, private patios and an attractive shared colonnade courtyard. Located at 537 Valencia SE, this charming community features lush landscaping and brick sidewalks, and is walking distance to multiple parks, retail establishments and restaurants. The triplex offers off-street parking, private street-facing patios, a charming shared colonnade courtyard, Solatube tubular skylights for abundant natural light, and dedicated buried tool storage for each building. Recent improvements include a new roof (2022) and new driveways and sidewalks (2024). Apartment 3 has been fully renovated and now includes a dedicated laundry room with built-in cabinetry. Apartment 1 has a washer hookup in the kitchen, and Apartments 2 and 3 offer full washer and dryer hookups. All three units are occupied, with current rents averaging $825 against a market average of $975, leaving a long runway to increase value by raising rents toward market. The owner also owns the neighboring 533 Valencia SE, which is also available. Do not miss this opportunity for an owner occupant or investor in a market with strong job growth and a housing shortage.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Interior Features Skylights

Heating Central

Cooling Evaporative Cooling

Flooring Carpet, Vinyl

Fireplace No

Appliance Free-Standing Gas Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Exterior Feature Landscaping, Lighting, Patio

Community Features Patio, Storage Facilities

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Accessibility None

Porch Patio

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101805615447922902

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

Southwest MLS (SWMLS IDX Plus)
Nearby Locations
Susan Buchman

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 554-4173

susan@thebuchmangroup.com

4313 Corrales Rd, Corrales, New Mexico 87048, USA

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537 Valencia DR SE