Bought with Real Broker
$351,000
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3 Beds
2 Baths
2,631 SqFt
SOLD DATE : 03/19/2024
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,631 sqft
Price per Sqft $135
Subdivision University Heights Addition
MLS Listing ID 1055195
Sold Date 03/19/24
Bedrooms 3
Construction Status Resale
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,525
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions Public Records
Property Description
Located just 3 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 87 Walk Score, 87 Bike Score and a transit score of 42, 313 Harvard SE is in the epi-center of the UNM/CNM campuses and is just steps from the Smiths Grocery store.The property consists of a 94 year old house and apartment unit The house is large with 1,137 square feet, in a 3 bedroom, 1.75 bathroom configuration, and that does not include the basement area. Measures of investment performance at ask price of $351,000 and current average rent of 1,200 are a GRM of 12.19, a 5.76% cap rate, $175,000 per unit, $226.45/sf. Eleven recent closed or pending sales indicate a value closet to $351,867.
Location
State NM
County Bernalillo
Area 42 - Unm South
Interior
Heating Central, Forced Air
Cooling Evaporative Cooling
Flooring Tile, Vinyl, Wood
Fireplace No
Appliance Refrigerator
Exterior
Exterior Feature Landscaping
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Accessibility None
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101605702513231207
Acceptable Financing Cash, Conventional, FHA, VA Loan
Green/Energy Cert None
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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