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1720 Silver Avenue SE

Albuquerque, NM 87106
  • $590,594
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 1028236
UPDATED: 33 min ago
$590,594
  • 1
    BEDS
  • 0.15
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $262
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

Located just 1 block to UNM's main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. 87 Walk Score. 85 Bike Score. This pride of ownership property has been updated and customized to our city's growing demand for executive, furnished rentals. The current owner has fashioned the property into 2 distinct, very accommodating furnished 1 bedroom units w/ a detached 2 bedroom casita that makes for the perfect owner occupant house hack. All units have been refurbished and updated with an eye for quality and pragmatism and furnished with quality contemporary design.Measures of investment performance at ask price of $590,594 and current average rent of $1,665 are a GRM of 10.37, a 7.65% cap rate, $196,865 per unit, $262.49/sf.

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IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2023-01-30T18:05:05.533.
www.mynmdreamhome.com/homes/136139158
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1720 Silver Avenue SE Albuquerque, NM 87106

  • Price: $590,594
  • Status: Active
  • On Site: 11 Days
  • Updated: 33 min ago
  • MLS #: 1028236
1
Beds
1
Baths
0
½ Baths
0.15
Acres
2,250
SQFT
$262
$/SQFT
1946
Built
Neighborhood:
Terrace Addition
County:
Bernalillo
Area:
42 - UNM South
Property Description
Located just 1 block to UNM's main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. 87 Walk Score. 85 Bike Score. This pride of ownership property has been updated and customized to our city's growing demand for executive, furnished rentals. The current owner has fashioned the property into 2 distinct, very accommodating furnished 1 bedroom units w/ a detached 2 bedroom casita that makes for the perfect owner occupant house hack. All units have been refurbished and updated with an eye for quality and pragmatism and furnished with quality contemporary design.Measures of investment performance at ask price of $590,594 and current average rent of $1,665 are a GRM of 10.37, a 7.65% cap rate, $196,865 per unit, $262.49/sf.
Exterior Features

Construction Materials BlockFrame Levels One Stories Total 1

Interior Features

Appliances Refrigerator Basement YN No Cooling Central Air Cooling YN Yes Electric None Flooring Wood Heating CentralForced Air Heating YN Yes

Property Features

Additional Parcels YN Yes Builder Name Unknown Building Area Total 2250 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 56943 Listing Agreement Exclusive Right To Sell Listing Terms CashFhaVa Loan New Construction YN No Occupant Type Owner Operating Expense 11744 Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 3970.84 Tenant Pays OtherSee Remarks Utilities Electricity AvailableNatural Gas ConnectedSewer AvailableWater Connected Zoning Description R-T*

Southwest MLS] logo Listing courtesy of Nm Apartment Advisors, Inc.: (505) 440-8633. © 2023 Southwest Multiple Listing Service, Inc.


IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2023-01-30T18:05:05.533.
 
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The Buchman Group | Keller Williams Realty
6703 Academy Rd NE
Albuquerque NM, 87109