Joi Banks-Schmidt - Coldwell Banker Legacy
612 Adams Street NE
Albuquerque, NM 87110

Description

Amazing gem of Duplex located just east of UNM, north of Nob-Hill and within walking distance of the Sprouts supermarket and short hop to Los Cuates and its world famous sweet and hot salsa! Tucked in a high appreciation, neighborhood of mostly single family homes built in 1940-50's. The property contains a small unit in the front, a larger unit in the rear, and a shared laundry room between theMeasurements of investment performance based on actual historical rents of $950 per unit, 6.00% CAP rate, a12.00% before tax IRR, and 15.10% after tax IRR. Please note units are currently vacant and ready for your buyer to occupy.Tour postponed until January 2018 - please see online virtual tour.

Details

MLS#906080
Sub-TypeResale
StatusActive
Year1948
Days On Site277

Features

Units2
Building(s)1

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87110
Area40 - UNM
Listing VS Median (in 87110)
Price:
$250,682
low | high
Med:
$219,900
62.279302063969% of Average
On Site:
277
low | high
Med:
4.5
100% of Average
Listing Updated: 08/19/2018
MLS Number: 906080
Listing Provided By:
Todd D Clarke  of  NM Apartment Advisors Inc.