311 Princeton Drive SE Albuquerque, NM 87106
311 Princeton SE is located just 3 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 77 Walk Score, 85 Bike Score and a Transit score of 43, and is in the epi-center of the UNM/CNM campuses and is just steps from the Smiths Grocery store.The owner has positioned this sale to make it easy for an owner occupant to view the main house.Measures of investment performance at ask price of $459, 974 and current average rent of $1, 133 are a GRM of 11.27, a 5.87% cap rate, $153, 325 per unit, $169.79/sf. Ten recent closed or pending sales indicate a value closet to $465, 092.
- Property TypeMulti-Family
- NeighborhoodUniversity Heights Addition
- CountyBernalillo
- Taxes$3,601
- HOA/Condo/Coop Fees$0
- Days on Site14 Days
- MLS StatusActive
- MLS ID Number1061818
- Home Size Source N/A
- Year Built1940
- Lot Size0.16 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 311 Princeton Drive SE Albuquerque, NM 87106
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General Features
- Construction Frame
- Number of Stories 111
- Acreage 0.16
- Zoning R-ML*
- Property Sub Type Triplex
- Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Interior Features
- Cooling Evaporative Cooling
- Heating CentralForced Air
- Appliances Refrigerator
- Flooring TileVinylWood
Exterior Features
- Exterior Landscaping
Community Features
- MLS Area 42 - UNM South