2929 Monte Vista Boulevard Ne, Albuquerque, 87106

Residential Income - 7 Units For Sale in Monte Vista Add

$1,631,824

Beds
Baths
5,420Sqft
.07Acres
1950Built
540DOM
MLS® #: 909945
Active, 540 Days on Market

Amazing building - like new construction - renovated ground up in 2010. You have hit the Trifecta for walk (90), bike (96) and transit (50) scores, scoring in the top 10% for each. Across the street from UNM and just south of the nob-hill gateway and Route 66.Seven (7) units total - two (2) retail spaces on ground floor, plus five (5) furnished apartments that can be live/work or vacation rental (property has 5 year history of master leased to vacation rental operator).3rd floor penthouse apartment has views 360 of the city and seating for 50!Mixed use property is exactly what the millennial generation is looking for.Measure of investment performance at list price of $1,631,824 include, price per unit of $233,118, $/sf of $301.07, GRM of 11.65, Cap Rate before reserves of 5

Essential Information

MLS® #: 909945
Price: $1,631,824
Square Footage: 5,420
Acres: 0.07
Year Built: 1950
Type: Residential Income
Sub-Type: 7 Units
Status: Active

Community Information

Address: 2929 Monte Vista Boulevard Ne
Area: 40 - UNM
Subdivision: Monte Vista Add
City: Albuquerque
County: Bernalillo
State: NM
Zip Code: 87106

Amenities

Amenities: Balconies/Deck, No Landscaping, Owners Unit
Utilities: All City

Interior

Appliances: Refrigerator
Heating: Gas
Cooling: Refrigerated
# of Stories: 3
Stories: 3+ Stories

Exterior

Construction: Block

Additional Information

Date Listed: January 28th, 2018
Days on Market: 540
Zoning: MX-M*

Listing Details

Listing Office: NM Apartment Advisors, Inc.

Financials

$/SqFt: $301

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on July 23rd, 2019 at 11:28am MDT.