501 Charleston Street SE, Albuquerque, NM 87108

Great investment property! Always rented!  Rents can be raised. Tenants are month to month.  Current CAP rate is 8.01%.Seller pays some gas and electric for tenants with higher rents. Most flooring is laminate or tile.  Only one unit has carpet in bedrooms.  Each unit has a storage closet,  Property is completely fenced with gate to courtyard, as well.  Located near parks, school, and KAFB.  Fourplex next door at 505 has its own legal but needs to be sold together with 501! Do not disturb tenants.  10 parking spaces for each four plex in gated and paved lot. Seller pays for outside lighting.  Note: Seller pays gas and electric for one unit with higher rent of $950/mo. Call LA for more info.