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Sold on 04/12/24
  • Price Unknown

    902 11th St NW, Albuquerque, NM 87102

    5beds
    4baths
    3,600sqft
    Triplex, Multi Family
    Built in 1929
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,106 Estimated rent

    What's special

    Located in the downtown/old town trade area and about halfway between the Civic Plaza and Old Town's plaza.Located on the east side of 11th street, this three unit, contains a large 3 bedroom, 2 bathroom house + 2 smaller units and a garage the rear. The rear duplex has direct alley access and its own off street parking. The residences offer hardwood floors, attractive layouts, semi-private yard spaces and the property is covered in lush landscaping. At the current average rents of $1,315, and an ask price of $537,385 the measures of investment performance include a price per unit of $179,128, price per square foot of $149.27, a GRM of 11.35, an after reserves cap rate of 6.35%, and an after-tax IRR of 16.30%.Full inspections are available once buyer completes online conf agre

    Zillow last checked: 10 hours ago

    Listing updated: April 12, 2024 at 03:22pm

    Listed by:

    Todd D Clarke 505-440-8633,

    NM Apartment Advisors, Inc.

    Bought with:

    Kyle E Deacon, 15579

    Deacon Property Services

    Source: SWMLS,MLS#: 1042844MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Central, Forced Air, Wall Furnace
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Tile, Vinyl, Wood
    • Has basement: Yes
    Interior area
    • Total structure area: 3,600
    • Total interior livable area: 3,600 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Landscaping
    Lot
    • Size: 0.33 Acres
    Details
    • Has additional parcels: Yes
    • Parcel number: 101305851324544939
    • Zoning description: R-1A*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Frame
    Condition
    • Resale
    • New construction: No
    • Year built: 1929

    Utilities & green energy

    • Electric: None
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
    Green energy
    • Energy generation: None

    Community & neighborhood

    Location
    • Region: Albuquerque
    • Subdivision: Midvale Subdivision

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    Services availability