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3410 Crest Avenue SE

Albuquerque, NM 87106
  • $375,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 1020168
New On Site 5 Days Ago
UPDATED: 213 min ago
$375,000
  • 1
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,875
    SQFT
  • $200
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

Multifamily investment opportunity in the University area near Kirtland Air Force Base, the regional VA Medical Center, the Puerta del Sol Golf Course, and the city's extensive transit system. This cash-flowing four unit building is comprised of 1-bedroom, 1-bathroom units each with a living room, kitchen, and an enclosed back yard. The property is professionally managed and fully occupied. At an offering of $375,000, investment performance metrics include a 6.85% capitalization rate and a gross-rent multiplier of 9.70. Recent updates include exterior paint, evaporative cooler installation for each unit, and updated bathroom and kitchen finishes for recently turned- units.

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IDX information © 2022 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: 2022-08-09T00:04:57.647.
www.trtnm.com/homes/131537604
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3410 Crest Avenue SE Albuquerque, NM 87106

  • Price: $375,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 213 min ago
  • MLS #: 1020168
1
Beds
0
Baths
0
½ Baths
0.17
Acres
1,875
SQFT
$200
$/SQFT
1951
Built
Neighborhood:
Knob Heights Addn
County:
Bernalillo
Area:
42 - UNM South
Property Description
Multifamily investment opportunity in the University area near Kirtland Air Force Base, the regional VA Medical Center, the Puerta del Sol Golf Course, and the city's extensive transit system. This cash-flowing four unit building is comprised of 1-bedroom, 1-bathroom units each with a living room, kitchen, and an enclosed back yard. The property is professionally managed and fully occupied. At an offering of $375,000, investment performance metrics include a 6.85% capitalization rate and a gross-rent multiplier of 9.70. Recent updates include exterior paint, evaporative cooler installation for each unit, and updated bathroom and kitchen finishes for recently turned- units.
Exterior Features

Construction Materials Frame Levels One

Interior Features

Appliances Free-Standing Gas RangeRefrigerator Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Tile Heating Wall Furnace Heating YN Yes

Property Features

Builder Name Unknown Building Area Total 1875 Disclosures Lead Based Paint DisclosurePrincipal is Real Estate LicensedRanm 2100 Disclosure Gross Income 38640 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 12938 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 2147.76 Tenant Pays ElectricityGas Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-Mh*

Southwest MLS] logo Listing courtesy of Keller Williams Realty. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 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: 2022-08-09T00:04:57.647.
 
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The Team | Realty Executives Advantage
2440 Lousiana Blvd
Albuquerque NM, 87110