Skip To Content

202 Quincy Street NE

Albuquerque, NM 87108
  • $780,648
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 1024750
$780,648
  • 1
    BEDS
  • 0.17
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,950
    SQFT
  • $198
    $/SQFT
Type:
Multi-Family
Built:
1977
County:
Area:

School Ratings & Info

Description

Well-built and well maintained - each apartment at 202 Quincy NE offers a unique floor plan with amazing vintage and classic touches. Units come with carports, refrigerated air and forced central heating, private off-street parking, bonus storage, on-site laundry, and lots of unique extras. Some units have private yards as well. The adjoining property at 201 Manzano NE is also for sale by the same owner. This is a rare opportunity to own a Bernie Madrid built apartment community. Mr. Madrid was a well-known apartment developer in the 1970s-1980s who has left his distinctive imprint in the style, design, logo and name of his communities - including this one known as The Madrid apartments.Measures of investment performance are GRM of 11.84, a 5.72% cap rate, $111,521 per unit, $197/

Monthly Payment Calculator



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: 2022-12-09T00:05:01.643.
www.santafepropertyfinder.com/homes/134183240
Print Image

202 Quincy Street NE Albuquerque, NM 87108

  • Price: $780,648
  • Status: Active
  • On Site: 47 Days
  • MLS #: 1024750
1
Beds
1
Baths
0
½ Baths
0.17
Acres
3,950
SQFT
$198
$/SQFT
1977
Built
Neighborhood:
Heights Reservoir Tract 3
County:
Bernalillo
Area:
40 - UNM
Property Description
Well-built and well maintained - each apartment at 202 Quincy NE offers a unique floor plan with amazing vintage and classic touches. Units come with carports, refrigerated air and forced central heating, private off-street parking, bonus storage, on-site laundry, and lots of unique extras. Some units have private yards as well. The adjoining property at 201 Manzano NE is also for sale by the same owner. This is a rare opportunity to own a Bernie Madrid built apartment community. Mr. Madrid was a well-known apartment developer in the 1970s-1980s who has left his distinctive imprint in the style, design, logo and name of his communities - including this one known as The Madrid apartments.Measures of investment performance are GRM of 11.84, a 5.72% cap rate, $111,521 per unit, $197/
Exterior Features

Construction Materials Frame Exterior Features Landscaping Levels Two Stories Total 2

Interior Features

Appliances Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring CarpetVinyl Heating CentralForced Air Heating YN Yes

Property Features

Accessibility Features None Additional Parcels YN Yes Builder Name Madrid Building Area Total 3950 Community Features Laundry Facilities Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 62643 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 1970 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 2654.34 Tenant Pays OtherSee Remarks Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-Mh*

Southwest MLS] logo Listing courtesy of Nm Apartment Advisors, Inc.: (505) 440-8633. © 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: 2022-12-09T00:05:01.643.
 
https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1024750-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1024750-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1024750-2.jpg
Logo
Carson & Carson | Keller Williams Santa Fe
130 Lincoln Ave suite k
Santa Fe NM, 87501