12912 Constitution Avenue NE Albuquerque, NM
$ 281,250
Property Attributes
  • MLS#906072
  • TypeMulti-Family
  • CityAlbuquerque
  • AreaNortheast Heights
  • NeighborhoodGrandview Heights Sub
  • Zip87112
  • StyleFour Plex
  • Year Built1972
  • Taxes2685
  • Price$ 281,250
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3536
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
NM Apartment Advisors, Inc.
Property Description

Located in NE heights easy access to Uptown and area restaurants and retail.Measures of investment performance at actual rents of $612/month include GRM of 9.57, 6.80% Cap rate (before reserves), 8.80% Cash on cash and after tax internal rate of return of 13.30%.Measures of investment performance at market rents $670/month include GRM of 8.75, 7.60% Cap rate (before reserves), 12.0% Cash on cash and after tax internal rate of return of 21.2%.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/15/2017 Listed $281,250

General Features

Amenities No Landscaping
Builder Unknown
Construction Frame
Finance Considered Cash, FHA, VA
Number of Units 4.00
Rental Info Call Listing Broker, Month To Month
Stories 2.0
Subdivision Y/N Grandview Heights Sub
Tenant Pays Other - See Remarks
Utilities All City
Zoning R-3

Interior Features

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

Exterior Features

Disability Access Unknown
Exterior Material Stucco
Number of Parking Spaces 6.00


  • 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 87112

AVG $810K
AVG $3,723
AVG 20
Year Built
AVG 1971
AVG 34

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