4416 Marble Avenue NE, Albuquerque, NM 87110

$485,000
2,810
SqFt
List Price
$485,000
MLS#
962580
Property Type
Multifamily
Sqft. of Residence
2,810
Lot Size
6,751
Region
UNM
Status
ACTIVE
Estimated Age
61 - 70

Property Description

Happy presidents' day! Did you know that George Washington was a land surveyor prior to being a general and our president?This property is embedded in the middle of the presidential streets - in fact its on the corner of Adams (two of our presidents) and Marble.4416 Marble NE - a fourplex and duplex on the same lot - located on the SW corner of Marble Avenue and Adams street., this property is embedded in an area of nicer single family residences and is biking distance to UNM, CNM, Nob Hill and the uptown retail experiences.The property has good walk (70), bike (87), and transit (42) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents).At the ask price of $485,000, cap rate is 5.50%, IRR is 12.0%

Additional Information

County
Bernalillo
Subdivison
New Year Replat
Age
61 - 70
Acres
0.16
Approximate Taxes
2133
Appliances Included
Refrigerator
Detached Type
Yes
Disability Access
Unknown
Financing
Conventional
Floor Number
6
Flooring
See Remarks
Owner Pays
Other - See Remarks
Tenant Pays
Other - See Remarks
Parking
1 Space Per Unit
Roof
Tar Gravel
Total
6
Total
2
Utilities
Community Water, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning
R-ML*

Mortgage Calculator

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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.