317 Stanford Drive Se, Albuquerque, 87106

Residential Income - Duplex For Sale in University Heights Add


MLS® #: 925616
Active, 277 Days on Market

Large recently renovated residence in the front + rental house in the rear.Located a few hundred steps from UNM the property has high walk (81), Transit (48) and Bike scores (96).Gleaming hard wood floors, built ins: niches, bookshelves, linen closets and dish shelves speak to the 1920s vintage and quality of the residence. Virtual tour of front residence available.Measures of investment performance include: at average rent of $963 a month, 10.87 GRM, 6.30% Cap rate, 13.40% IRR before tax, 10.50% IRR after tax. New price reflects comparable sales and results of bid process.

Essential Information

MLS® #: 925616
Price: $250,992
Square Footage: 1,750
Acres: 0.16
Year Built: 1926
Type: Residential Income
Sub-Type: Duplex
Status: Active

Community Information

Address: 317 Stanford Drive Se
Area: 42 - UNM South
Subdivision: University Heights Add
City: Albuquerque
County: Bernalillo
State: NM
Zip Code: 87106


Amenities: No Landscaping
Utilities: All City


Appliances: Refrigerator
Heating: 2+ Units
Cooling: 2+Units
# of Stories: 1
Stories: 1 Story


Construction: Frame

Additional Information

Date Listed: August 6th, 2018
Days on Market: 277
Zoning: R-ML*

Listing Details

Listing Office: NM Apartment Advisors, Inc.


$/SqFt: $143

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Listing information last updated on May 24th, 2019 at 9:58am MDT.