325 19th Street, Albuquerque, 87104

Residential Income - Triplex For Sale in Roehls Garden Add

$299,000

Beds
Baths
2,625Sqft
.1Acres
1941Built
174DOM
MLS® #: 931183
Pending, 174 Days on Market

NM Apartment Advisors is very excited to bring to market this Old Town Triplex to market - located at where Marble meets 19th street, just south of Tiguex Park and the Albuquerque museum at 325 19th NW, this property has a high walk (80), bike (97), and transit (40) scores.Each unit is a residence in its own - with fireplaces, laundry rooms and unusually unique built-ins and could make an ideal vacation rental.At the ask price of $299,000 and an average rent of $853, the measure of investment performance include a GRM of 10.25, a CAP rate of 5.82%, a price per unit of $99,667, a price per square foot of $113.47 a before tax IRR of 11.80% and an after tax IRR of 9.10%.If rents were raised to market of $1,041, the measure of investment performance improve to a cap rate of 7.62%.

Essential Information

MLS® #: 931183
Price: $299,000
Square Footage: 2,625
Acres: 0.10
Year Built: 1941
Type: Residential Income
Sub-Type: Triplex
Status: Pending

Community Information

Address: 325 19th Street
Area: 80 - Downtown Area
Subdivision: Roehls Garden Add
City: Albuquerque
County: Bernalillo
State: NM
Zip Code: 87104

Amenities

Amenities: No Landscaping, Owners Unit
Utilities: All City
Parking Spaces: 3

Interior

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

Exterior

Construction: Adobe, Block, Frame

Additional Information

Date Listed: October 24th, 2018
Days on Market: 174
Zoning: R-ML*

Listing Details

Listing Office: NM Apartment Advisors, Inc.

Financials

$/SqFt: $114

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 6:58pm MDT.