Address
612 Adams Street NE Albuquerque, NM
Price
$ 250,682
Property Attributes
  • MLS#906080
  • TypeMulti-Family
  • CountyBERNALILLO
  • CityAlbuquerque
  • AreaUNM
  • NeighborhoodHill X Hendren Sub
  • Zip87110
  • StyleDuplex
  • Year Built1948
  • Taxes2503
  • Price$ 250,682
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
NM Apartment Advisors, Inc.
Property 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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/15/2017 Listed $250,682

General Features

# of Units 2.00
Amenities Laundry Community
Builder Unknown
Construction Frame
Finance Considered Cash, FHA, VA
Rental Info Other - See Remarks
Subdivision Hill X Hendren 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 Carpet
Heating Gas

Exterior Features

Disability Access Unknown
Exterior Material Stucco

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
$250K
Taxes
AVG $2,050
$2,503
Visits
AVG 13
10
Year Built
AVG 1995
1948
Walkscore
AVG 62
73

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.