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

# of Units 4.00
Amenities No Landscaping
Builder Unknown
Construction Frame
Finance Considered Cash, FHA, VA
Rental Info Call Listing Broker, Month To Month
Stories 2.0
Subdivision 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 $250K
AVG $2,978
Year Built
AVG 1974
AVG 54

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