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Listed by Thrive Real Estate

$559,900

Est. payment - /mo

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Pending

12204 CANDELARIA RD NE Albuquerque, NM 87112

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Evan Fraley

evan@gobignm.com +1(505) 312-4554

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $174

MLS Listing ID 1077724

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1977

Annual Tax Amount $3,351

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Fantastic opportunity for owner occupant rental property or investor! Lots of upgrades throughout so this baby is turn key! Lots of money invested in the last few years! Newer roof, stucco, stairs, electrical panel upgrades, vinyl windows, appliances, HVAC/AC air!, flooring, updated kitchens and (3) baths, paint, lighting, own washer and dryers, storage!!!Great NE location with park right nearby. This is ready to provide years of worry free income! Check out the comps and at pro forma of $1,300 a month this has a sweet GRM of 8.7 and a CAP rate of 8.35%! Fantastic price for a turnkey property that would be a great addition to your portfolio or owner occupant and have tenants pay the mortgage! DO NOT DISTURB TENANTS. Showing upon successful agreement. See attached for Pro-Forma Analysis.

Location

State NM

County Bernalillo

Area 50 - Northeast Heights

Interior

Heating Central, Forced Air

Cooling Refrigerated

Flooring Concrete, Laminate, Tile

Fireplace No

Appliance Free-Standing Gas Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Community Features Storage Facilities

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

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 102205938253812538

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

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Evan Fraley

Realtor | License ID: 54480

+1(505) 312-4554

12204 CANDELARIA RD NE Albuquerque, NM 87112

Evan Fraley

Key Details

Location

Interior

Exterior

Building

Others

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12204 CANDELARIA RD NE