Description
Originally a duplex, current Owner added a 3rd unit - since he acquired.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 contemporary design.Measures of investment performance at ask price of $590,594 and current average rent of $1,665 per unit are a GRM of 10.37, a 7.65% cap rate
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1BEDS
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0.15ACRES
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1BATHS
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01/2 BATHS
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2,250SQFT
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$262$/SQFT
School Ratings & Info
Description
Originally a duplex, current Owner added a 3rd unit - since he acquired.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 contemporary design.Measures of investment performance at ask price of $590,594 and current average rent of $1,665 per unit are a GRM of 10.37, a 7.65% cap rate
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: 2023-06-09T09:05:11.827.
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Listing courtesy of Nm Apartment Advisors, Inc.: (505) 440-8633. © 2023 Southwest Multiple Listing Service, Inc.