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913 NAKOMIS Drive NE, Albuquerque, NM 87112

$550,000

$182 per ft²

2 Bed

1 Bath

3,017 Sq Ft

0.2 Acres

Listing Office: ABQ Properties LLC

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Awesome opportunity to own a far northeast heights four plex that has never been offered for sale since construction in 1975. Perfect for owner occupants or an investor looking for an upscale property with improvable rents. The property was built by a well-known Albuquerque home builder and has remained in his portfolio since its completion. The property consists of one 800 square foot unit with a back yard, and three 750 square units. All units are two bedrooms, one bathroom. All kitchens feature dishwashers and disposals. The larger unit has a retro wood burning fireplace! Current rents and expenses with a 5% allowance for vacancies and a 5% repair allowance result in a CAP rate of 5.0 and a GRM of 13.5. If rents were raised to $1250 a month the result is a CAP rate of 8.1 and a

Listing Agent: Frederick Reed

License Number: 18963

Offered by: ABQ Properties LLC

Office Phone: (505) 717-3002

MLS: #1074713

Southwest Multiple Listing Service

Date Added: 12/02/2024 12:00:00 am

Last Update: 12/02/2024 04:36:14 pm

Days on Market: 3

Interior

Appliances: Dishwasher,Free-Standing Electric Range,Disposal,Refrigerator
Laundry: Washer Hookup,Dryer Hookup,In Unit
Flooring: Carpet,Vinyl
A/C: true, Evaporative Cooling
Heating: true, Central,Forced Air
Fireplace: Option
Eco/Green Feature: Construction, None

Construction

General: Frame,Stucco, One

Location

Originating MLS: SWMLS
County: Bernalillo

Lot

Zoning: 102205838908540411

Utilities

Utilities: Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected, None

Financial

Source: SWMLS

Property

Year Built: 1975
Type: Multi-Family
Neighborhood: Panorama Heights
Parcel #: 102205838908540411

12/02/2024Active

12/02/2024$550,000@ 182 per ft²Listed

Listing Broker

Misty Stacy

1 @

Email: mistyhomesales@gmail.com

Phone: 5052694538

Last Updated: 12/02/2024 04:36:14 pm

Offered by: Frederick Reed, 18963, (505) 730-8934 @ ABQ Properties LLC

MLS: #1074713

Source: Southwest Multiple Listing Service

<IMG SRC='https://d37ukvrrv3in12.cloudfront.net/mls/logos/IDX_557.png' ALT='IDX'>The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. <BR><BR>Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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913 NAKOMIS Drive NE, Albuquerque, NM 87112 is a 2 Bed, 1 Bath, 3,017 Sq Ft, 0.2 Acres, Multi-Family built in 1975.

This property is currently available and was listed by Southwest Multiple Listing Service on 12/02/2024 12:00:00 am. The MLS # for the property is MLS #1074713.

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