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941 Alvarado Drive SE

Albuquerque, NM 87108
  • $406,216
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 997698
UPDATED: 59 min ago
$406,216
  • 2
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,940
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

Each unit is like its own self-contained patio home - each with a spacious two bedroom, one bathroom residences with their own utility/laundry room, refrigerated air conditioning, private backyard and one car garages with automatic openers.This property has had only one owner since the original family built it. The property was originally built in 1964 by Carl Williams, a well-known developer. It has been well maintained and where possible, upgrades were done with an owner living on site.The property is located just west of the Gibson entrance and northeast of the Truman gate to Kirtland Air Force Base and Sandia National laboratories.With an average rent of $925, and at the list price of $406,216 the measures of investment performance include a cap rate of 5.59%

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IDX information © 2021 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: 2021-11-29T08:04:48.41.
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941 Alvarado Drive SE Albuquerque, NM 87108

  • Price: $406,216
  • Status: Active
  • On Site: 122 Days
  • Updated: 59 min ago
  • MLS #: 997698
2
Beds
0
Baths
0
½ Baths
0.19
Acres
2,940
SQFT
$138
$/SQFT
1964
Built
Neighborhood:
Melendres Sub
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
Each unit is like its own self-contained patio home - each with a spacious two bedroom, one bathroom residences with their own utility/laundry room, refrigerated air conditioning, private backyard and one car garages with automatic openers.This property has had only one owner since the original family built it. The property was originally built in 1964 by Carl Williams, a well-known developer. It has been well maintained and where possible, upgrades were done with an owner living on site.The property is located just west of the Gibson entrance and northeast of the Truman gate to Kirtland Air Force Base and Sandia National laboratories.With an average rent of $925, and at the list price of $406,216 the measures of investment performance include a cap rate of 5.59%
Exterior Features

Construction Materials Frame Levels One Parking Total 4 Stories Total 1

Interior Features

Appliances Refrigerator Basement YN No Bathrooms Total Integer 1 Cooling Refrigerated Cooling YN Yes Electric None Fireplace YN Yes Flooring Carpet Heating CentralForced Air Heating YN Yes Laundry Features Washer HookupDryer HookupIn Unit

Property Features

Additional Parcels YN Yes Builder Name Carl Williams Building Area Total 2940 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 31636 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 8927 Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 2493 Tenant Pays OtherSee Remarks Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Zoning Description R-Mh*

Listing courtesy of Nm Apartment Advisors, Inc.. © 2021 Southwest Multiple Listing Service, Inc.


IDX information © 2021 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: 2021-11-29T08:04:48.41.
 
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Campbell & Campbell Real Estate Services
5716 Osuna Rd NE
Albuquerque NM, 87109