220 General Stilwell ST NE Active Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87123
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,002 sqft
Price per Sqft $145
Subdivision Waggonman Denison Addition
MLS Listing ID 1081037
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1977
Annual Tax Amount $3,134
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
Each of the units are two bedroom one bathroom units in a two up, two down format that include an onsite laundry that is leased from CSC.At the current average rents of $925, and an ask price of $437,668 the measures of investment performance include a price per unit of $109,417, price per square foot of $136.77, a GRM of 9.86, an after reserves cap rate of 6.54%.If rents are raised to the market average of $1,075, the measures of investment performance improve to a before reserves cap rare of 7.79%.This community is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation & rent
Location
State NM
County Bernalillo
Area 50 - Northeast Heights
Interior
Heating Central, Forced Air
Cooling Evaporative Cooling
Flooring Carpet, Tile, Vinyl
Fireplace No
Appliance Refrigerator
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Accessibility None
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID 102005713009833125
Acceptable Financing Cash,Conventional,FHA,VA Loan
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA,VA Loan