223 Cornell Dr SE, Albuquerque, NM 87106

Located just 2 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. 82 Walk Score. 98(!) Bike Score and a transit score of 50, 223 Cornell SE is in the epi-center of the UNM/CNM campuses.The property consists of a 98 year old house and a 23 year old duplex. The house is large with 1,432 square feet, in a 3 bedroom, 1 bathroom configuration, and that does not include the basement area. At the listing brokers request, the owner is holding the main house vacant for potential owner occupancy or a fully furnished conversion for traveling nurses.Measures of investment performance at ask price of $464,392 and current average rent of $1,133 are a GRM of 11.38, a 5.45% cap rate, $154,797 per unit, $176.51/sf.