3421 Eastern AVE SE Pending Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87108
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 1072248
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1960
Annual Tax Amount $3,257
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
Fully occupied, updated four plex featuring all two bedroom, one bath units. Units 1,2, & 4 have been renovated with new bedroom flooring, new kitchen cabinets and counter tops and stackable washer dryer units. Current numbers with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 8.8 and GRM or 8.29. If rents were raised to market rate of $1222.00 a CAP of 11.04 and GRM of 6.99 would be achieved
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
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101605642607840604
Acceptable Financing Cash,Conventional,FHA,VA Loan
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA,VA Loan