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
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
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#: 1042844

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