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336&340 Pennsylvania Street NE

Albuquerque, NM 87108
  • $620,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 1028463
UPDATED: 59 min ago
$620,000
  • 2
    BEDS
  • 0.31
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 5,432
    SQFT
  • $114
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

Great 8-unit rental investment opportunity!! All Tile floors, xeriscape common area, all interior paint on file, all units designed for low maintenance. W/D Hookups in each unit, Open Floorplans, Evap Coolers, Security Gate, All Units have Refrigerator, Freezer, Oven & Range. Consistently high occupancy %. Walk Score of (55), Bike score of (63) & and transit score of (63) respectively. Very near art bus station, public transit, and freeway. Close to shopping centers, Groceries, Schools, Parks, Restaurants, Kirkland air force base, Downs Casino, Coronado Mall, UNM/Nob Hill. Very consistent and high occupancy rates. Consists of 2 4-plex buildings with individual parcel id's for easy 30-year fixed mortgages. Cap Rate (10.63%) GRM (7.18) Cash on Cash (23.20%) DCR (1.92)

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IDX information © 2023 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: 2023-01-31T07:05:40.233.
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336&340 Pennsylvania Street NE Albuquerque, NM 87108

  • Price: $620,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 59 min ago
  • MLS #: 1028463
2
Beds
1
Baths
0
½ Baths
0.31
Acres
5,432
SQFT
$114
$/SQFT
1960
Built
Neighborhood:
70 - Fairgrounds
County:
Bernalillo
Area:
70 - Fairgrounds
Property Description
Great 8-unit rental investment opportunity!! All Tile floors, xeriscape common area, all interior paint on file, all units designed for low maintenance. W/D Hookups in each unit, Open Floorplans, Evap Coolers, Security Gate, All Units have Refrigerator, Freezer, Oven & Range. Consistently high occupancy %. Walk Score of (55), Bike score of (63) & and transit score of (63) respectively. Very near art bus station, public transit, and freeway. Close to shopping centers, Groceries, Schools, Parks, Restaurants, Kirkland air force base, Downs Casino, Coronado Mall, UNM/Nob Hill. Very consistent and high occupancy rates. Consists of 2 4-plex buildings with individual parcel id's for easy 30-year fixed mortgages. Cap Rate (10.63%) GRM (7.18) Cash on Cash (23.20%) DCR (1.92)
Exterior Features

Construction Materials Frame Exterior Features LandscapingLighting Levels One Parking Total 10

Interior Features

Appliances Free-Standing Electric RangeFree-Standing Gas RangeRefrigeratorRange Hood Basement YN No Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Tile Heating Wall Furnace Heating YN Yes Laundry Features Washer HookupDryer HookupElectric Dryer HookupIn Unit

Property Features

Builder Name Unkown Building Area Total 5432 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalFhaVa Loan New Construction YN No Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 1812.38 Tenant Pays ElectricityGas Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Zoning Description R-2

Southwest MLS] logo Listing courtesy of Elysium Realty Group: (505) 380-0717. © 2023 Southwest Multiple Listing Service, Inc.


IDX information © 2023 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: 2023-01-31T07:05:40.233.
 
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Campbell & Campbell Real Estate Services
5716 Osuna Rd NE
Albuquerque NM, 87109