Bought with ERA Summit
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Key Details
Sold Price -
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,319 sqft
MLS Listing ID 1096047
Sold Date -
Bedrooms 3
Construction Status Resale
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,762
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Public Records
Property Description
Income-producing 3 unit compound across two separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. All units stabilized and rented at market rates, Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Very competitive Investment metrics strengthen the story and give this property immediate value: CAP rate 5.93%, GRM 9.52, IRR 13.09%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.
Location
State NM
County Bernalillo
Area 80 - Downtown Area
Rooms
Basement Unfinished
Interior
Interior Features Ceiling Fan(s)
Heating Central, Ductless, Forced Air, Wall Furnace
Cooling Ductless, Evaporative Cooling, Ceiling Fan(s)
Flooring Carpet, Laminate, Vinyl, Wood
Fireplace No
Appliance Free-Standing Gas Range, Refrigerator
Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
Accessibility None
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 101405850719943310
Acceptable Financing Cash, Conventional, FHA, VA Loan
Green/Energy Cert None
Listing Terms Cash, Conventional, FHA, VA Loan
Financing FHA
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