Address
610 Jefferson Street NE Albuquerque, NM
Price
$ 375,312
Property Attributes
  • MLS#904956
  • TypeMulti-Family
  • CountyBERNALILLO
  • CityAlbuquerque
  • AreaUNM
  • NeighborhoodNew Year Add Brooms Sub
  • Zip87110
  • StyleTriplex
  • Year Built2005
  • Taxes2137
  • Price$ 375,312
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2096
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
NM Apartment Advisors, Inc.
Property Description

Amazing gem of triplex 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 rear duplex is currently under construction and slated to finish 12/2017.Property includes front unit and under construction rear duplex - slated to finish by December 2017.Measurements of investment performance based on actual average rents of $823 per unit, 5.30% CAP rate, 12.700% before tax IRR, and 11.00% after tax. Based on a market rent of $940 per unit, the measure of investment performance improves to a 6.30% Cap (before reserves), and a 8.10% cash on cash.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/30/2017 Listed $298,400

General Features

# of Units 2.00
Amenities Owners Unit, Walled Complex
Builder McMann
Construction Frame
Finance Considered Cash, Conventional, FHA, VA
Rental Info Call Listing Broker
Stories 1.0
Subdivision New Year Add Brooms Sub
Tenant Pays Other - See Remarks
Utilities All City
Zoning R-2

Interior Features

5+ Units No
Appliances Included Refrigerator
Basement No
Cooling Evaporative
Flooring See Remarks
Heating Gas

Exterior Features

Disability Access Unknown
Exterior Material Stucco
Number of Parking Spaces 3.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 87110

Price
AVG $320K
$380K
Taxes
AVG $2,073
$2,137
Visits
AVG 5
7
Year Built
AVG 1989
2005

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