NM > Albuquerque
Albuquerque, NM 87108,3413 Eastern AVE SE
Albuquerque, NM 87108,3413 Eastern AVE SE
Albuquerque, NM 87108,3413 Eastern AVE SE
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Listed by ABQ Properties LLC
$410,000
Est. payment /mo
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2 BD
1 BA
2,700 SqFt
Active

3413 Eastern AVE SE Albuquerque, NM 87108

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Anthony Weber

Anthony Weber

+1(505) 350-9297

UPDATED:

10/10/2024 07:40 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $151

MLS Listing ID 1072246

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1958

Annual Tax Amount $3,247

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Description

Updated four plex featuring all two bedroom, one bath units. Two units have been fully renovated with new bedroom flooring, new kitchen cabinets and countertops and stacked washer and dryer units. Seller has installed new CMU court yard walls on the front of each unit. One unit is currently vacant and being used for storage. The new owner will need to update the electrical service in order to rent this unit. Current numbers at 75% occupancy with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 6.76 and GRM or 10.95 with one vacancy. If rents were raised to $1222.00 a CAP of 11.94 and GRM of 6.99 would be achieved. Seller will sell single buildings or any combination thereof including all four buildings. See 3409, 17 & 3421 Eastern listings.

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 101605641707940621

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

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Anthony Weber

Agent | License ID: 53125

+1(505) 350-9297

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3413 Eastern AVE SE