612 Adams Street NE, Albuquerque, NM 87110

$250,682
List Price
$250,682
MLS#
906080
Property Type
Multifamily
Lot Size
6,969
Region
UNM
Status
ACTIVE
Estimated Age
1 - 3

Property Description

Amazing gem of Duplex located just east of UNM, north of Nob-Hill and within walking distance of the Sprouts supermarket and short hop to Los Cuates and its world famous sweet and hot salsa! Tucked in a high appreciation, neighborhood of mostly single family homes built in 1940-50's. The property contains a small unit in the front, a larger unit in the rear, and a shared laundry room between theMeasurements of investment performance based on actual historical rents of $950 per unit, 6.00% CAP rate, a12.00% before tax IRR, and 15.10% after tax IRR. Please note units are currently vacant and ready for your buyer to occupy.Tour postponed until January 2018 - please see online virtual tour.

Additional Information

County
Bernalillo
Subdivison
Hill X Hendren Sub
Age
1 - 3
Acres
0.16
Approximate Taxes
2503.38
Appliances Included
Refrigerator
Detached Type
No
Disability Access
Unknown
Financing
Cash, FHA, VA
Floor Number
2
Flooring
Carpet
Owner Pays
Other - See Remarks
Tenant Pays
Other - See Remarks
Total
2
Total
1
Utilities
All City
Zoning
R-ML*

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
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.