3409 Eastern AVE SE Pending Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87108
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $157
MLS Listing ID 1072113
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $3,257
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Public Records
Property Description
Updated four plex featuring all two bedroom, one bath units. Newer evaporative cooling units in good condition. Seller has installed new CMU court yard walls on the front of each unit. Current numbers with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 6.78 and GRM or 10.13 with one vacancy. If rents were raised to $1222.00 a CAP of 11.22 and GRM of 6.99 would be achieved. Seller will sell single buildings or any combination thereof including all four buildings. See 3413, 17 & 3421 Eastern listings.
Location
State NM
County Bernalillo
Area 42 - Unm South
Interior
Heating Wall Furnace
Cooling Evaporative Cooling
Flooring Laminate, Tile
Fireplace No
Appliance Free-Standing Gas Range,Refrigerator,Range Hood
Exterior
Exterior Feature Patio
Community Features Patio
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Porch Patio
Building
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101605641107940602
Acceptable Financing Cash,Conventional,FHA,VA Loan
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA,VA Loan