336&340 Pennsylvania Ne Street, Albuquerque, NM 87108
- $580,000
- 2
- BD
- 1
- BA
- 5,432
- SqFt
- List Price
- $580,000
- Price Change
- ▼ $10,000 1678842322
- MLS#
- 1028463
- Property Type
- Multifamily
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft. of Residence
- 5,432
- Lot Size
- 13,503
- Region
- Fairgrounds
- Status
- ACTIVE
Property Description
Great 8-unit rental investment opportunity!! All Tile floors, xeriscape common area, all interior paint on file, all units designed for low maintenance. W/D Hookups in each unit, Open Floorplans, Evap Coolers, Security Gate, All Units have Refrigerator, Freezer, Oven & Range. Consistently high occupancy %. Walk Score of (55), Bike score of (63) & and transit score of (63) respectively. Very near art bus station, public transit, and freeway. Close to shopping centers, Groceries, Schools, Parks, Restaurants, Kirkland air force base, Downs Casino, Coronado Mall, UNM/Nob Hill. Very consistent and high occupancy rates. Consists of 2 4-plex buildings with individual parcel id's for easy 30-year fixed mortgages. Cap Rate (10.63%) GRM (7.18) Cash on Cash (23.20%) DCR (1.92)
Additional Information
- County
- Bernalillo
- Acres
- 0.31
- Exterior Features
- Landscaping, Lighting
- Appliances
- Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator, Range Hood
- Cooling
- Evaporative Cooling
- Flooring
- Tile
- Heating
- Wall Furnace
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
- Zoning
- R-2
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Listing courtesy of Elysium Realty Group.
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