913 Nakomis Drive Ne Albuquerque, NM 87112

4 Units
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$550,000 Est. $2,025 / mo.*
Details Directions
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Property Type: Quadruplex
Status: Pending
Year Built: 1975
Days on Website: 24

Courtesy of ABQ Properties LLC.

Description

Awesome opportunity to own a far northeast heights four plex that has never been offered for sale since construction in 1975. Perfect for owner occupants or an investor looking for an upscale property with improvable rents. The property was built by a well-known Albuquerque home builder and has remained in his portfolio since its completion. The property consists of one 800 square foot unit with a back yard, and three 750 square units. All units are two bedrooms, one bathroom. All kitchens feature dishwashers and disposals. The larger unit has a retro wood burning fireplace! Current rents and expenses with a 5% allowance for vacancies and a 5% repair allowance result in a CAP rate of 5.0 and a GRM of 13.5. If rents were raised to $1250 a month the result is a CAP rate of 8.1 and a

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Property Details and Features

  • Description: Dishwasher,FreeStandingElectricRange,Disposal,Refrigerator
  • Total Bathrooms: 2
  • Area: 3017
  • Building Area: 3017
  • Construction Materials: Frame,Stucco
  • Levels: One
  • Year Built: 1975
  • Details: EvaporativeCooling
  • Flooring: Carpet,Vinyl
  • Heating: Central,ForcedAir
  • Description: WasherHookup,DryerHookup,InUnit
  • Days on Market: 5
  • Listing Price: 550000
  • Status: Pending
  • Address: 913 NAKOMIS Drive NE
  • Area: 50 - Northeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87112
  • County: Bernalillo
  • Directions: From Tramway and Lomas, west to Nakomis, north on Nakomis to property.
  • Acres: 0.2
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: CableAvailable,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerConnected,WaterConnected

Location

$550,000 - 913 Nakomis Drive Ne, Albuquerque, NM 87112
913 Nakomis Drive Ne Albuquerque, NM 87112
Address: 913 NAKOMIS Drive NE

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