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13207 Mountain Place NE

Albuquerque, NM 87112
  • $597,607
  • STATUS: Active
  • ON SITE: 304 Days
  • MLS #: 1060957
UPDATED: 44 min ago
$597,607
  • 2
    BEDS
  • 0.27
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,152
    SQFT
  • $190
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

Description

NM Apartment Advisors is excited to bring to market this rare opportunity to own a Far North East Heights, large corner-lot, owner occupant style fourplex. Potential uses for the extra land include a small casita, RV Storage, dog run, community garden, a wood/workshop and so much more.Units A & B have separate back yard spaces and all units have a separate storage unit. Community coin operated laundry is adjacent to the common gathering. A new TPO roof is being installed in the February, a new 75 gallon hot water heater was installed in January 2025, the evaporative coolers were replaced 2021 and all furnaces are relatively new.Measures of investment performance at ask price of $597,607 and average rents, as of $1,125 are a GRM of 11.07, a 6.20% cap rate, $149,902 per unit.

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2025-02-18T21:05:06.427.
www.trtnm.com/homes/149424761
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13207 Mountain Place NE Albuquerque, NM 87112

  • Price: $597,607
  • Status: Active
  • On Site: 304 Days
  • Updated: 44 min ago
  • MLS #: 1060957
2
Beds
1
Baths
0
½ Baths
0.27
Acres
3,152
SQFT
$190
$/SQFT
1979
Built
Neighborhood:
Panorama Heights
County:
Bernalillo
Area:
50 - Northeast Heights
Property Description
NM Apartment Advisors is excited to bring to market this rare opportunity to own a Far North East Heights, large corner-lot, owner occupant style fourplex. Potential uses for the extra land include a small casita, RV Storage, dog run, community garden, a wood/workshop and so much more.Units A & B have separate back yard spaces and all units have a separate storage unit. Community coin operated laundry is adjacent to the common gathering. A new TPO roof is being installed in the February, a new 75 gallon hot water heater was installed in January 2025, the evaporative coolers were replaced 2021 and all furnaces are relatively new.Measures of investment performance at ask price of $597,607 and average rents, as of $1,125 are a GRM of 11.07, a 6.20% cap rate, $149,902 per unit.
Exterior Features

Construction Materials Frame Stucco Exterior Features Landscaping Levels One Stories Total 1

Interior Features

Appliances Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Carpet Tile Heating Central Forced Air Heating YN Yes

Property Features

Accessibility Features None Additional Parcels YN Yes Builder Name Unknown Building Area Total 3152 Green Energy Generation None Gross Income 48315 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VA Loan New Construction YN No Occupant Type Owner Operating Expense 14793 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 4214.5 Tenant Pays Other See Remarks Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description PD*

Southwest MLS] logo Listing courtesy of NM Apartment Advisors, Inc.: (505) 440-8633. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2025-02-18T21:05:06.427.
 
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