About 517-521 Palomas Drive Se
8 UNITS!!!! Two adjacent 4-plexes at 517 and 521 Palomas Drive SE in Southeast Albuquerque are offered at $450,000 each and must be sold together for a combined $900,000. Consist of 2B/1B x4 units & 1B/1B x4 units. This well-maintained 8-unit portfolio is located in a strong rental area and features low-maintenance brick construction with secured gated parking. Units have been updated with new appliances, in-unit washers and dryers, fresh paint, upgraded plumbing, new furnaces, a swamp cooler, enhanced security gates, and a 2017 roof. Fully occupied with strong rent roll and additional upside through future lease-up at market rates.
Features of 517-521 Palomas Drive Se
| MLS® # | 1090425 |
|---|---|
| Price | $850,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Square Footage | 6,080 |
| Acres | 0.30 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 517-521 Palomas Drive Se |
|---|---|
| Area | 71 - Southeast Heights |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87108 |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
|---|---|
| Features | Patio |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile |
|---|---|
| Interior Features | Ceiling Fan(s) |
| Appliances | Dryer, Disposal, Refrigerator, Range Hood, Washer |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling, Ceiling Fan(s) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Lighting, Patio |
|---|---|
| Construction | Brick, Brick Veneer |
Additional Information
| Date Listed | August 27th, 2025 |
|---|---|
| Days on Market | 50 |
| RE / Bank Owned | No |
Listing Details
| Office | Congress Realty, Inc |
|---|