3417 Eastern Avenue Se Albuquerque, NM 87108

4 Units
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$425,000 Est. $1,565 / mo.*
Details Directions
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Property Type: Quadruplex
Status: Active
Year Built: 1960
Days on Website: 43

Courtesy of ABQ Properties LLC.

Description

Updated four plex featuring all two bedroom, one bath units. Seller has installed new CMU court yard walls on the front of each unit. TPO Roof, evaporative coolers in good condition. Current numbers with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 6.65 and GRM or 10.5 with one vacancy. If rents were raised to $1222.00 a CAP of 11.43 and GRM of 6.99 would be achieved. Seller will sell single buildings or any combination thereof including all four buildings. See 3413, 3409 & 3421 Eastern listings.

Open House

Property Details and Features

  • Description: FreeStandingGasRange,Refrigerator,RangeHood
  • Total Bathrooms: 2
  • Area: 2700
  • Building Area: 2700
  • Construction Materials: Stucco
  • Levels: One
  • Year Built: 1960
  • Details: EvaporativeCooling
  • Features: Patio
  • Patio Features: Patio
  • Flooring: Laminate,Tile
  • Heating: WallFurnace
  • Days on Market: 39
  • Listing Price: 425000
  • Status: Active
  • Address: 3417 Eastern Avenue SE
  • Area: 42 - UNM South
  • City: Albuquerque
  • State: NM
  • Zip: 87108
  • County: Bernalillo
  • Directions: From Carlisle & Gibson, south to Eastern , then west to property.
  • Acres: 0.16
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: CableAvailable,ElectricityConnected,SewerConnected,WaterConnected

Location

$425,000 - 3417 Eastern Avenue Se, Albuquerque, NM 87108
3417 Eastern Avenue Se Albuquerque, NM 87108
Address: 3417 Eastern Avenue SE

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