421 Harvard Drive Se, Albuquerque, NM

$556,936

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1

Bed

1

Bath

1,856

Square feet

0.16

Acres

About 421 Harvard Drive Se

Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $556,936 and current average rent of $1,232 are a GRM of 12.95, a 5.67% cap rate, $183,645 per unit, $300/sf. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one.

Features of 421 Harvard Drive Se

MLS® # 1040188
Price $556,936
Bedrooms 1
Bathrooms 1.00
Square Footage 1,856
Acres 0.16
Year Built 1925
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 421 Harvard Drive Se
Area 42 - UNM South
Subdivision Lot 14, Block 4, University Heights Addition
City Albuquerque
County Bernalillo
State NM
Zip Code 87106

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Interior Tile
Appliances Refrigerator
Heating Central, Forced Air
Cooling Evaporative Cooling
Fireplace No
# of Stories 1
Stories One

Exterior

Exterior Features Landscaping
Construction Frame

Additional Information

Date Listed August 22nd, 2023
Days on Market 224
RE / Bank Owned No

Listing Details

OfficeNM Apartment Advisors, Inc.

Listing Map

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