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Mark Rickert

mark@rickertpg.com +1(505) 600-3956

Listed by Keller Williams Realty

$ 760,000

Est. payment | -/mo

8 Beds

5 Baths

3,116 SqFt

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$ 760,000

Est. payment | -/mo

Save

8 Beds

5 Baths

3,116 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,116 sqft

Price per Sqft $243

Subdivision Year Addn Brooms Subd

MLS Listing ID 1110082

Bedrooms 8

Construction Status Resale

HOA Y/N No

Year Built 1951

Annual Tax Amount $7,713

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Survey

Property Sub-Type Quadruplex

Property Description

4Plex!! A super rare opportunity in the heart of Albuquerque's Near Heights, desirable neighborhood, a fully renovated fourplex that's nothing short of spectacular!At its core is the main home in every sense: 3 bedrooms, 2 baths and more than 1,200 square feet of beautifully finished space, opening to a courtyard shaded by a mature tree, wrapped in warm cedar fencing for those Duke City evenings. Three additional units join it on the same property, each unit fully renovated top to bottom. Nothing here was left half-finished, no deferred maintenance, no projects waiting, nothing to do, truly a turn the key setup.Two of the units are fully furnished and have been operated successfully as short-term rentals (AirBnB), giving this property a flexibility others do not have. Either continue that concept of STR or change to MTR (mid-term) concept. The travel nurse market is abundant, especially with University of NM Hospital just down the street. Or simply convert the entire property into traditional long-term leases. Here's an idea, live in one of the units and let the other three units help carry the mortgage, or lastly lease all four and let it work entirely on its own! Either way you are minutes from Nob Hill's restaurants and shops, Uptown's retail and offices, and immediate access to I-40, an established tree-lined pocket of the city that puts the whole metro within a short drive and keeps the hospitals, the university and the national labs close at hand. A great opportunity for a 1031 Exchange, a turn-key Income-producing property from the start and genuinely 'move-in' ready. A true home, income handshake and a location like this rarely arrive in one package! See attached PDF Offer Memorandum for many more specific details.

Location

State NM

County Bernalillo

Area 40 - Unm

Interior

Heating Ductless

Cooling Ductless, Evaporative Cooling

Flooring Carpet, Laminate, Vinyl

Fireplace No

Appliance Free-Standing Gas Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Total Parking Spaces 6

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101705834106340311

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

Nearby Locations

"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

622 Jefferson ST NE Albuquerque, NM 87110

Mark Rickert

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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622 Jefferson ST NE