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3421 Eastern Avenue SE

Albuquerque, NM 87106
  • $399,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 1064904
$399,000
  • 2
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $148
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

3421 Eastern SE features four two-bedroom, one-bath units. The building is currently 100% occupied at auction time. Units 1,2 & 4 have been renovated with new paint, new laminate flooring in the bedrooms, new kitchen cabinets and countertops, and stackable washer and dryer units. The evaporative cooler units are in excellent condition, as is the TPO roof. Current numbers provide for a CAP rate of 7.8% and a GRM of 7.81 at the opening bid price. List price is opening bid price, not necessarily selling price. Property to be sold by Online Auction with Reserve. Contact listing Broker for auction site information.

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IDX information © 2024 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: 2024-07-19T00:05:23.87.
www.metrohomesearch.com/homes/151545879
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3421 Eastern Avenue SE Albuquerque, NM 87106

  • Price: $399,000
  • Status: Active
  • On Site: 37 Days
  • MLS #: 1064904
2
Beds
1
Baths
0
½ Baths
0.16
Acres
2,700
SQFT
$148
$/SQFT
1960
Built
Neighborhood:
Knob Heights
County:
Bernalillo
Area:
42 - UNM South
Property Description
3421 Eastern SE features four two-bedroom, one-bath units. The building is currently 100% occupied at auction time. Units 1,2 & 4 have been renovated with new paint, new laminate flooring in the bedrooms, new kitchen cabinets and countertops, and stackable washer and dryer units. The evaporative cooler units are in excellent condition, as is the TPO roof. Current numbers provide for a CAP rate of 7.8% and a GRM of 7.81 at the opening bid price. List price is opening bid price, not necessarily selling price. Property to be sold by Online Auction with Reserve. Contact listing Broker for auction site information.
Exterior Features

Construction Materials Frame Exterior Features Patio Levels One Parking Total 4 Patio And Porch Features Patio

Interior Features

Appliances Dryer Free Standing Gas Range Refrigerator Washer Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Laminate Tile Vinyl Heating Wall Furnace Heating YN Yes

Property Features

Builder Name Unknown Building Area Total 2700 Community Features Patio Storage Facilities Green Energy Generation None Gross Income 44460 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VALoan New Construction YN No Operating Expense 13355 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 3257.38 Tenant Pays Other See Remarks Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected Zoning Description R- MH*

Southwest MLS] logo Listing courtesy of New Mexico Real Estate Auction: (505) 868-0996. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 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: 2024-07-19T00:05:23.87.
 
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Campbell & Campbell Real Estate Services
5716 Osuna Rd NE
Albuquerque NM, 87109