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(505) 280-9256
Real Estate Company
3608 Bryn Mawr Dr Ne, Albuquerque, NM 87107
- $450,000
- List Price
- $450,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 1113312
- Subtype
- Residential Income
- Year Built
- 1978
- Lot Size
- 8,494
- Acres
- 0.20
- Subdivision
- La Guardia Tyler
- Neighborhood
- 41 - Uptown
- MLS Area Major
- Uptown
Property Description
Great Investment Opportunity - Fourplex! Well-maintained fourplex featuring four units, each offering 2 bedrooms and 1 bathroom. The property is 100% occupied, generating $4,175 in monthly rental income ($50,100 annually). The TPO roof and stucco are approximately 6 years old, and the property is in good overall condition. At a $450,000 asking price, the property offers a projected 5.79% cap rate with a 5% vacancy allowance, or 7.06% assuming full occupancy throughout the year, based on seller-provided operating expenses. Excellent opportunity for investors seeking an income-producing multifamily property in Albuquerque's Uptown area. Financial figures are estimates based on seller-provided information and are subject to buyer verification. Please see documents.
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Additional Information
- Interior Features
- Ceiling Fans
- Exterior Features
- Lighting
- Taxes
- $4,039
- Zoning
- R-ML*
- Flooring
- Carpet, Laminate, Tile
- Appliances
- Disposal, Gas Range, Refrigerator
- Heating
- Hot Water, Central
- Air Conditioning
- Evaporative Cooling
- Roof
- Flat
- Parking Features
- 1 Space Per Unit
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Listing courtesy of Alex H Liu from Realty One of New Mexico
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.