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1112 Edith Boulevard NE

Albuquerque, NM 87102
  • $221,066
  • STATUS: Pending
  • ON SITE: 23 Days
  • MLS #: 1016704
Pending
UPDATED: 28 min ago
$221,066
  • 2
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,393
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1916
County:

School Ratings & Info

Description

Tour 6/21 at noon (only)Offer deadline 6/23 at noonBased on the current average rents of $915 per month, and an ask price of $221,066 the property's measures of investment performance include a 10.07 GRM, 7.55% cap rate before reserves, before tax IRR of 23.60% and an after-tax IRR of 18.40%. The property has a valuable mixed-use-light (MX-L) zoning which allows for live/work, retail, office, and residential uses and opens the door for a redevelopment in the long term.The front house is two bedroom, one bathroom, vacant and will only be showed on the tour date, but you can get a sense of the thick adobe walls and quirks that are quintessentially in north valley properties.

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IDX information © 2022 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 Carson & Carson | Keller Williams Santa Fe. Data last updated: 2022-07-05T10:05:07.607.
www.santafepropertyfinder.com/homes/129765129
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1112 Edith Boulevard NE Albuquerque, NM 87102

  • Price: $221,066
  • Status: Pending
  • On Site: 23 Days
  • Updated: 28 min ago
  • MLS #: 1016704
2
Beds
0
Baths
0
½ Baths
0.11
Acres
1,393
SQFT
$0
$/SQFT
1916
Built
Neighborhood:
Metes And Bounds
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
Tour 6/21 at noon (only)Offer deadline 6/23 at noonBased on the current average rents of $915 per month, and an ask price of $221,066 the property's measures of investment performance include a 10.07 GRM, 7.55% cap rate before reserves, before tax IRR of 23.60% and an after-tax IRR of 18.40%. The property has a valuable mixed-use-light (MX-L) zoning which allows for live/work, retail, office, and residential uses and opens the door for a redevelopment in the long term.The front house is two bedroom, one bathroom, vacant and will only be showed on the tour date, but you can get a sense of the thick adobe walls and quirks that are quintessentially in north valley properties.
Exterior Features

Construction Materials AdobeFrame Levels One Stories Total 1

Interior Features

Appliances Refrigerator Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring TileVinyl Heating CentralForced Air Heating YN Yes

Property Features

Additional Parcels YN Yes Builder Name Unknown Building Area Total 1393 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Resale Property Sub Type Duplex Property Sub Type Additional Duplex Tax Annual Amount 1138.52 Tenant Pays OtherSee Remarks Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description Mx-L*

Southwest MLS] logo Listing courtesy of Nm Apartment Advisors, Inc.. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 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 Carson & Carson | Keller Williams Santa Fe. Data last updated: 2022-07-05T10:05:07.607.
 
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Santa Fe NM, 87501