Albuquerque NM Multi Family for Sale

ADDITIONAL INFORMATION

Great UNM/CNM/Nob Hill Investment Opportunity. This triplex has two 1 bedroom plus additional bonus room, side by side/mirror image floorplan. The studio unit is a separate building in the back. Front units have lovely hardwood floors, mini splits, washer and dryer in each unit, dishwasher, private yard/patios. The studio unit has brick floors, high ceilings, sky lights, full bath, washer/dryer hookups and private yard. All are separately metered, all units have additional outside storage. Parking available both on site or street.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Updated four plex featuring all two bedroom, one bath units. Seller has installed new CMU court yard walls on the front of each unit. TPO Roof, evaporative coolers in good condition. Current numbers with a 5% vacancy allowance, and a 5% maintenance allowance results in a CAP rate of 6.65 and GRM or 10.5 with one vacancy. If rents were raised to $1222.00 a CAP of 11.43 and GRM of 6.99 would be achieved. Seller will sell single buildings or any combination thereof including all four buildings. See 3413, 3409 & 3421 Eastern listings.

ADDITIONAL INFORMATION

This is a rare opportunity to own a well-maintained triplex in one of Albuquerque's most sought-after rental areas. Perfect for both new and seasoned investors looking to capitalize on the high-demand rental market near UNM. It has an impressive rental history and less than 3% vacancy rate over the last six years which is an excellent indicator of stability and continued profitability. At the ask price of $560,000, the GRM is 11.18. Each home is a freestanding building with no shared walls. Each is equipped with a private yard, a washer and dryer, newer double paned windows, and assigned parking. Mainline sewer replaced in 2023. 1 of the 3 units was built in 2023!

ADDITIONAL INFORMATION

Incredible income-producer in the heart of the UNM Corridor within walking distance to CNM, restaurants, shopping and more! This duplex features Two 2-bedroom units each with a lengthy rental history. Each unit has its own 1-car garage plus evaporative cooling for both units and tons of yard space. NEW TPO Roof, Fresh paint, NO carpet, and front unit has newer furnace & water heater (2022). Call today for more information.

ADDITIONAL INFORMATION

Great Investment Property Location- just a couple blocks from CNM. There are two 2 bedroom/1 bath units and one 1 bedroom/1 bath unit. The electric has been updated, and units are metered separately. The bathroom in unit 514 has been updated with new flooring, sink, toilet, and shower surround.

ADDITIONAL INFORMATION

Location Location! 6 units! 2 buildings across from UNM in historic Silver Hill neighborhood, always rented with fantastic income! FOUR PLEX + DUPLEX! 121 Terrace - 1 bed 1 bath units. appx 500SF/ea Original built in cabinets, drawers and shelving in each unit. 2 storage units. Evaporative coolers/wall furnaces. Individual gas and electric meters.117/119 Terrace large 1bed 1 bath units with screened porches and basements! Appx 800+SF/ea Hardwood floors, dining room, large bedrooms. Basements on each unit for added storage. Evaporative coolers and floor furnaces. Individual gas and electric meters. There is room for some minor updating for increased rental value. Amazing location for student housing. Permit parking. Current lease agreements. PLS DO NOT DISTURB TENANTS.

ADDITIONAL INFORMATION

Well Kept four-plex Near UNM and CNMDo not disturb the tenants. Property shown with accepted purchase agreement.Property must sell and close with 2130 Coal SE Roof was replaced in 2023.All the AC units are in good condition. Property has large three bedroom Owners unit.

ADDITIONAL INFORMATION

Rare opportunity to own this 9 unit property just a few blocks from UNM campus. Situated on 3 lots, this property consists of 5 separate buildings, one of which could be used for storage. Addresses include 407 Yale, 409 Yale, 2129, 2131 & 2137 Coal SE. This property features a mix of 2 bedroom and 1 bedroom units which bring in excellent rents.

ADDITIONAL INFORMATION

Welcome to this charming two separate duplexes, a total of 4 doors. Near Ridgecrest area and UNM. Each unit is a 2bedroom, 1 bath unit. Duplexes feature updated refrigerated air to keep you comfortable year-round. The front unit boasts a private patio, perfect for relaxing outdoors, while the back unit offers a spacious backyard ideal for gatherings. Both units enjoy beautiful landscaping in the front yard, enhancing the curb appeal. Additionally, there's a convenient car garage unit to meet your parking needs. These duplexes are perfect blend of comfort and functionality, making it a fantastic investment opportunity for those looking to add value to their portfolio! This includes 2 address 1300 & 1304 Carlisle.

ADDITIONAL INFORMATION

Great opportunity on this 5 unit property in a fantastic UNM neighborhood. This property features a vintage 1940's home as the main house which has 2 bedrooms and 1 bath, along with a cozy casita in the rear (1 bed 1 bath). There are an additional 3 units in the rear, each one offering 1 bed & 1 bath with a private parking space. This is a great income producing property in a Prime UNM Location.

ADDITIONAL INFORMATION

*Do not disturb tenant* Excellent location just a few blocks to UNM, this property consists of a main house with 3 bedrooms & 2 baths. The casita is a 1 bed 1 bath unit and is separate from the main house. Main house features hardwood & laminate floors, a nice size kitchen, and more. Live in one part and rent out the other if you choose, or rent both and have an income property in a high demand location.

ADDITIONAL INFORMATION

Recent property upgrades include a newer roof, thermal windows, updated electrical service, zoned mini-split heating and cooling in all units, and upgraded, quality contemporary finishes across all four apartments. Each apartment features a very distinct floor plan with unique artistic touches and amenities throughout. You'll also find awesome value-add opportunities by capitalizing on creating more common and private yard spaces or adding additional apartments.Large lot offers tons of great off-street parking and access options (off both the alley and Lead Ave) and lots of potential for additional units. Detached garage is separately metered for electric and could be converted into another unit or generate more income renting to a resident (owners currently retain the garage

ADDITIONAL INFORMATION

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.Measures of investment performance at ask price of $442,446 and current average rent of $1,150 are a GRM of 10.69, a 6.37% cap rate, $147,482 per unit, $163.32/sf. Ten recent closed or pending sales indicate a value closer to $469,033.Sellers are willing to offer up to $21,982 in credits to a buyer who secures an FHA owner occupant loan. According to lender, Kevin Caudill, at Bank of Albuquerque, this would drive the interest rate down to 5.00% for 30 years ,