Bought with The Maez Group
$549,000
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2 Beds
1 Bath
3,792 SqFt
SOLD DATE : 03/18/2025
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,792 sqft
Price per Sqft $144
Subdivision Grandview Heights
MLS Listing ID 1073311
Sold Date 03/18/25
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1976
Annual Tax Amount $5,517
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
This is a NE Foothills 4 Plex with Large 2BR Units approaching 1000 sf each, Now Nicely Reduced!! There are Fireplaces in each Unit, tiled floors at kitchen, baths & laundry room, Each unit also has a storage room to use. In addition there is a stand alone Garage of approx. 240sf in the alleyway that can have multiple uses by a new owner ( larger storage areas for extra rent? Onsite Owner use or One tenant lease for use as a garage for their expensive car? ) The Roof was replaced in 2023 and the heating and evaporative cooling equipment has been changed out in recent years. Each Unit allows for a full Size Washer and Dryer.Cap rate is over 6% if rents are at minimum market rent. APOD with Cap rate calculations are in Listing Documents.
Location
State NM
County Bernalillo
Area 50 - Northeast Heights
Interior
Heating Central, Forced Air
Cooling Evaporative Cooling
Flooring Carpet, Tile
Fireplace Yes
Appliance Dishwasher, Free-Standing Electric Range, Disposal, Range Hood
Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup, In Unit
Exterior
Community Features Deck/ Porch, Storage Facilities
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID 102205837126241311
Acceptable Financing Cash, Conventional, VA Loan
Green/Energy Cert None
Listing Terms Cash, Conventional, VA Loan
Financing VA
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Broker-Owner | Lic# 19305
8100 Wyoming Blvd NE Suite M4 PMB 239 Albuquerque NM, 87113