134 Rhode Island Street Se
Albuquerque,
NM
87108
Property Details
List Price: |
$493,710 |
Beds: |
2 |
Baths: |
-- |
Status: |
Active |
SqFt: |
3126 |
Agency: |
NM Apartment Advisors Inc. |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1980 |
Notes: |
Seller is willing to offer financing for an owner occupant (who must move into the property) with a 5% down payment 30 year amortization, 5.75% interest rate, 7 year balloon, subject to approval of the buyers credit report, financial statement and tax returns.This fourplex contains two bedroom one bathroom units that are renting at $1,247. Each renovated unit has washers/dryers and the belong to the owner and convey with the property.At the current average rents of $1,247, and an ask price of $493,710 the measures of investment performance include a price per unit of $123,427, price per square foot of $157.49, a GRM of 8.25, an after reserves cap rate of 6.65%. |
MlsNumber: |
1056948 |
Estimate Your Monthly Payment
Listing Provided By: |
NM Apartment Advisors Inc., original listing |
Name: |
NM Apartment Advisors Inc. |
Phone: |
(505) 440-8633 |
Office Name: |
NM Apartment Advisors, Inc. |
Office Phone: |
(505) 440-8633 |
Agent Name: |
Todd Clarke |
Disclaimer: |
Copyright © 2024 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |