2424 Broadway Boulevard NE

    Albuquerque, NM 87102
    • $425,000
    • STATUS: Active
    • ON SITE: 1016 days
    • MLS #: 876874
    UPDATED: 32 min ago
    $425,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1935
    County:

    School Ratings & Info

    Description

    Truly a property that invests in your financial future. 6 rental units located within four separate buildings, plus rental storage yard/garage. Located on a very busy intersection at Menaul/Broadway, right off I-25. Zoned for residential & commercial use. Primary rental is a charming 2 BR, 1 BA with hardwood floors, fireplace, & full basement. Home leased for $1,200/mo. Other 5 rental units are situated behind the house. Gated storage yard rents for $230/mo. Total rents are around $4,000/mo. The traffic count is quite high during the day, & a 4 way traffic stop slows traffic down to see & access the property. This corner would be a great location for a Starbucks, or high rise apartment. Just hold on and watch the value increase. Owner is moving to Portland to be with family.

    Monthly Payment Calculator

    IDX information © 2019 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2019-07-18T15:05:25.59.
    www.metrohomesearch.com/homes/67066257

    2424 Broadway Boulevard NE Albuquerque, NM 87102

    • Price: $425,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 876874
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    1935
    Built
    Neighborhood:
    N2 Xpor
    County:
    Bernalillo
    Area:
    101 - Near North Valley
    Property Description
    Truly a property that invests in your financial future. 6 rental units located within four separate buildings, plus rental storage yard/garage. Located on a very busy intersection at Menaul/Broadway, right off I-25. Zoned for residential & commercial use. Primary rental is a charming 2 BR, 1 BA with hardwood floors, fireplace, & full basement. Home leased for $1,200/mo. Other 5 rental units are situated behind the house. Gated storage yard rents for $230/mo. Total rents are around $4,000/mo. The traffic count is quite high during the day, & a 4 way traffic stop slows traffic down to see & access the property. This corner would be a great location for a Starbucks, or high rise apartment. Just hold on and watch the value increase. Owner is moving to Portland to be with family.
    Exterior Features

    Construction AdobeBrickMasonry Exterior Material Stucco Lot Description Free Text Generally Flat Parking 2+Spaces Per UnitUnpaved Parking Spaces 12.00 Roof FlatPitchedPositive PitchedTar Gravel Stories 1 Total Buildings 4 Total Stories In Building 1.0

    Interior Features

    Appliances Included Blt-In Gas Stve/OvenRefrigerator Average Unit Size 700.00 Basement Yes Basement Entry Exit Interior Only Basement Finished No Basement Heated No Basement Sq Ft Incl No Cooling Evaporative Cooling Flooring CarpetTileVinyl Heating GasWall Unit Unit Type1 Approx Sq Ft 700 Unit Type1 Baths 6.00 Unit Type1 Bedrooms 6 Unit Type1 Style Casitas

    Property Features

    5 Plus Units Yes Age 51 - 60 Allowance Concession YN No Amenities Owners Unit Annual Gross Income 48000.00 Apx Taxes 1462.04 Average Actual Rent 650.00 Bank Owned No Builder Unknown Disability Access No Finance Considered CashConventional Lead Base Paint Yes Lot Size Source On-Line Metering Individual ElectricIndividual Gas Miscellaneous Info No Sign Multiple Lots One Owner Occupant Unit No Owner Pays MaintenanceSewerTrash RemovalWater Property Sub Type House Plus Unit(S) Rental Info Call Listing Broker Source Owner Provided Tax Exemption Unknown Tenant Pays ElectricGas Total Actual Rent 3900.00 Total Units 6 Trade Exchange Considered No Unit Summary Annualized 46800.00 Unit Type1 Actual Rent 650 Unit Type1 Market Rent 650 Unit Type1 Max Rent 700 Unit Type1 Num Units 6 Units For Sale 6 Utilities All City Zoning Mx-M*

    Listing courtesy of Realty Consultants. © 2019 Southwest Multiple Listing Service, Inc.
    IDX information © 2019 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2019-07-18T15:05:25.59.
     
    Campbell & Campbell Real Estate Services
    6715-B Academy NE
    Albuquerque NM, 87109