3444 Eastern Avenue SE Albuquerque, NM 87106
All 4 apartments have been modernized with care and an eye for resident comfort, convenience and security with secured outdoor storage and private yard spaces with brand new xeric landscaping and plenty of room for private outdoor living space. Other updates include thermal windows, new quality luxury vinyl plank flooring throughout, stacked washer / dryers in each unit, with updated appliances and fixtures throughout.Measures of investment performance at ask price of $570, 370 and current average rent of $1, 038 are a GRM of 11.45, a 6.41% cap rate, $142, 592 per unit, $248/sf and an after tax IRR of 12.70%. If rents are raised to market of $1, 175 the measures of investment performance improve to a cap rate of 7.32%.Apartments are separately metered and residents pay G&E.
- Property TypeMulti-Family
- NeighborhoodRonys Knob Heights
- CountyBernalillo
- Taxes$2,095
- HOA/Condo/Coop Fees$0
- Days on Site117 Days
- MLS StatusActive
- MLS ID Number1057423
- Home Size Source N/A
- Year Built1972
- Lot Size0.19 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 3444 Eastern Avenue SE Albuquerque, NM 87106
| 3 weeks ago | |
| 4 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Number of Stories 11
- Acreage 0.19
- Zoning R-MH*
- Property Sub Type Quadruplex
- Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Interior Features
- Cooling Evaporative Cooling
- Heating Wall Furnace
- Appliances Refrigerator
- Flooring Vinyl
Exterior Features
- Exterior Landscaping
Community Features
- MLS Area 42 - UNM South