NM > Albuquerque
Albuquerque, NM 87108,3409 Eastern AVE SE
Albuquerque, NM 87108,3409 Eastern AVE SE
Albuquerque, NM 87108,3409 Eastern AVE SE
Albuquerque, NM 87108,3409 Eastern AVE SE
Albuquerque, NM 87108,3409 Eastern AVE SE
Albuquerque, NM 87108,3409 Eastern AVE SE
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Mark Rickert

Mark Rickert

+1(505) 600-3956
Listed by ABQ Properties LLC
$ 425,000
Est. payment | /mo

2 Beds

1 Bath

2,700 SqFt

Save
$ 425,000
Est. payment | /mo
Save

2 Beds

1 Bath

2,700 SqFt

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

agent-avatar

"My job is to provide you with concierge level service and to provide you with incredible service with exceptional results!" 

+1(505) 600-3956

mark@rickertpg.com

150 Washington Ave, Santa Fe, NM, 87501, USA

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3409 Eastern AVE SE