933 Louisiana Boulevard Se, Albuquerque, 87108

Beds
Baths
3,000Sqft
.17Acres
1958Built
23DOM

$232,500

Frederick Reed
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Rare opportunity to own four contiguous units! Well maintained, all brick, pitched roof triplexes offered together with 937, 941 & 945 Louisiana SE for a total of 12 units! Large two bedroom, one bath units with hard wood floors (some covered with carpet). All units have central heating and evaporative cooling. 100% occupied. This building has brick fire places in the two end units. Each building has tenant storage lockers and four covered parking spaces. At current improvable rents 11% Cash on Cash Return, GRM of 9.7 and CAP rate of 7.6% (Owner supplied data). Owner wishes to sell all four buildings (12 units) together but will consider selling two adjacent triplexes together. Offer subject to inspection/walk through. Please do not walk property or disturb tenants.

Essential Information

MLS® #: 952762
Price: $232,500
Square Footage: 3,000
Acres: 0.17
Year Built: 1958
Type: Residential Income
Sub-Type: Triplex
Status: Active

Community Information

Address: 933 Louisiana Boulevard Se
Area: 71 - Southeast Heights
Subdivision: N20
City: Albuquerque
County: Bernalillo
State: NM
Zip Code: 87108

Amenities

Amenities: Enclosed Yard, Private Patios, Tenant Storage
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Parking Spaces: 3
Parking: Covered

Interior

Appliances: Frestnd Gas Stv/Ovn, Refrigerator
Heating: Central Forced Air
Cooling: Evaporative
# of Stories: 1
Stories: 1 Story

Exterior

Roof: Pitched
Construction: Frame

Additional Information

Date Listed: August 27th, 2019
Days on Market: 23
Zoning: R-MH*

Listing Details

Listing Agent: Frederick Reed
Listing Office: ABQ Properties LLC
Office Phone: (505) 730-8934

Financials

$/SqFt: $78

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Listing information last updated on September 20th, 2019 at 8:56pm MDT.