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419 Atrisco Drive SW

Albuquerque, NM 87105
  • $450,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 1027823
UPDATED: 42 min ago
$450,000
  • 3
    BEDS
  • 0.35
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,300
    SQFT
  • $136
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Description

Wanting to acquire an income producing property to start 2023? I have one in mind. This renovated Tri Plex located just across the river from desirable old town and downtown in the Town of Atrisco includes a GRM of 9, cap rate of 7.7%, & IRR of 16% at the purchase price of $450,000 and current rents. These spacious comfortable 3 units contain open unique floor plans with approx 1,100 sqft each. They offer everything a tenant could ask for even individual washer & dryer in each unit. Located near everything you need. You do not want to miss out on this magnificent income producing opportunity

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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: 2023-01-30T15:05:02.773.
www.mynmdreamhome.com/homes/135857788
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419 Atrisco Drive SW Albuquerque, NM 87105

  • Price: $450,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 42 min ago
  • MLS #: 1027823
3
Beds
1
Baths
0
½ Baths
0.35
Acres
3,300
SQFT
$136
$/SQFT
1941
Built
Neighborhood:
90 - Near South Valley
County:
Bernalillo
Area:
90 - Near South Valley
Property Description
Wanting to acquire an income producing property to start 2023? I have one in mind. This renovated Tri Plex located just across the river from desirable old town and downtown in the Town of Atrisco includes a GRM of 9, cap rate of 7.7%, & IRR of 16% at the purchase price of $450,000 and current rents. These spacious comfortable 3 units contain open unique floor plans with approx 1,100 sqft each. They offer everything a tenant could ask for even individual washer & dryer in each unit. Located near everything you need. You do not want to miss out on this magnificent income producing opportunity
Exterior Features

Construction Materials AdobeFrame Levels One

Interior Features

Appliances DishwasherFree-Standing Gas RangeMicrowaveRefrigerator Basement YN No Cooling Central AirRefrigerated Cooling YN Yes Electric None Flooring Vinyl Heating CentralForced Air Heating YN Yes Laundry Features Washer HookupDryer HookupElectric Dryer HookupIn Unit

Property Features

Accessibility Features None Builder Name Unknown Building Area Total 3300 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 49800 Listing Agreement Exclusive Right To Sell Listing Terms CashConventionalFhaVa Loan New Construction YN No Operating Expense 4000 Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 2340.86 Tenant Pays ElectricityGas Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Zoning Description R-Ml*

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 897-1100. © 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: 2023-01-30T15:05:02.773.
 
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The Buchman Group | Keller Williams Realty
6703 Academy Rd NE
Albuquerque NM, 87109