908 Alcazar Street Ne, Albuquerque, 87110

Beds
Baths
3,100Sqft
.21Acres
1977Built
19DOM

$309,120

Todd D Clarke
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NM Apartment Advisors is excited to have listed this fabulous owner occupant style fourplex at 908 Alcazar NE. Property has an amazing location - walking distance to Expo NM, the NM State Fair, and biking distance to Uptown good walk (51), bike (72), and transit (40) scores. Built in 1977, the property has been well maintained and kept a lot of its original charm.At the ask price of $309,120 and an average rent of $663 the measure of investment performance include a GRM of 9.72, a CAP rate of 5.80%, a price per unit of $77,280, a price per square foot of $99.72 and an after-tax IRR of 12.940%.If the rents are raised to market average of $700 the measure of investment performance improved to a GRM of 9.20, a CAP rate of 6.40%.Same owner also owns 916 Alcazar NE #951546

Essential Information

MLS® #: 952597
Price: $309,120
Square Footage: 3,100
Acres: 0.21
Year Built: 1977
Type: Residential Income
Sub-Type: Four Plex
Status: Active

Community Information

Address: 908 Alcazar Street Ne
Area: 70 - Fairgrounds
Subdivision: Mesa Delnorte Add Corr
City: Albuquerque
County: Bernalillo
State: NM
Zip Code: 87110

Amenities

Amenities: Some Landscaping
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior

Appliances: Refrigerator
Heating: Other - See Remarks
Cooling: Other - See Remarks
# of Stories: 1
Stories: 1 Story

Exterior

Construction: Frame

Additional Information

Date Listed: August 26th, 2019
Days on Market: 19
Zoning: R-ML*

Listing Details

Listing Agent: Todd Clarke
Listing Office: NM Apartment Advisors, Inc.
Office Phone: (505) 440-8633

Financials

$/SqFt: $100

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Nm Apartment Advisors Is Excited To Have Listed This Fabulous Owner Occupant Style Fourplex At 916 Alcazar Ne With Large Unit. Property Has An Amazing Location - Walking Distance To Expo Nm, The Nm State Fair, And Biking Distance To Uptown Good Walk (50), ...

MLS® #951546

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on September 16th, 2019 at 10:26am MDT.