For sale
  • $579,429

    12229 Menaul Blvd NE, Albuquerque, NM 87112

    7beds
    4baths
    3,107sqft
    : 
    Triplex, Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $186/sqft
    $-- HOA

    What's special

    Spacious units
    Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.
    632 days
    on Zillow
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    559
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    27
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