317 15th Street NW, Albuquerque, NM 87104

$525,000
3,099
SqFt
List Price
$525,000
Price Change
▼ $60,505 1556050674
MLS#
895797
Property Type
Multifamily
Sqft. of Residence
3,099
Lot Size
6,969
Region
Downtown Area
Status
ACTIVE
Estimated Age
51 - 60

Property Description

NM Apartment Advisors is excited to have listed this wonderful owner occupant style fourplex located between Downtown and Old Town Albuquerque with a high walk (84), bike (83), and transit (47) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents).Located at 317 15th NW, and offered at $525,000, which is just five thousand dollars higher than its January 2018 appraisal.The property's is walking distance to both the downtown central business district, old town and a couple dozen brew pubs, and specialty coffee shows. (Think of it as the epicenter for the three B's - bikes, brews, and beer).At the ask price of $525,000 and an average rent of $1,038 the measure of investment performance include a GRM of 10.54, a CAP

Additional Information

County
Bernalillo
Subdivison
Perea Add
Age
51 - 60
Acres
0.16
Approximate Taxes
3228.22
Appliances Included
Refrigerator
Detached Type
No
Disability Access
Unknown
Financing
Conventional, FHA, VA
Floor Number
4
Flooring
Vinyl
Owner Pays
Other - See Remarks
Tenant Pays
Other - See Remarks
Total
4
Total
1
Utilities
All City
Zoning
SU-2

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of NM Apartment Advisors, Inc..

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.