336&340 Pennsylvania Ne Street, Albuquerque, NM 87108

$600,000
2
BD
1
BA
5,432
SqFt
List Price
$600,000
Price Change
▼ $20,000 1675315625
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

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Elysium Realty Group.

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.