About 134 Rhode Island Street Se
Seller is willing to offer financing for an owner occupant (who must move into the property) with a 5% down payment 30 year amortization, 5.75% interest rate, 7 year balloon, subject to approval of the buyers credit report, financial statement and tax returns. Seller financing for an investor is available with a 12.5% down payment.This fourplex contains two bedroom one bathroom units that are renting at $1,247. Each renovated unit has washers/dryers and the belong to the owner and convey with the property.At the current average rents of $1,247, and an ask price of $493,710 the measures of investment performance include a price per unit of $123,427, price per square foot of $157.49, a GRM of 8.25, an after reserves cap rate of 6.65%.
Features of 134 Rhode Island Street Se
MLS® # | 1056948 |
---|---|
Price | $493,710 |
Bedrooms | 2 |
Bathrooms | 1.00 |
Square Footage | 3,126 |
Acres | 0.16 |
Year Built | 1980 |
Type | Residential Income |
Sub-Type | Quadruplex |
Status | Active |
Community Information
Address | 134 Rhode Island Street Se |
---|---|
Area | 71 - Southeast Heights |
Subdivision | Unity Addition |
City | Albuquerque |
County | Bernalillo |
State | NM |
Zip Code | 87108 |
Amenities
Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
---|---|
Is Waterfront | No |
Has Pool | No |
Interior
Interior | Carpet, Tile, Vinyl |
---|---|
Appliances | Refrigerator |
Heating | Central, Forced Air |
Cooling | Evaporative Cooling |
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Construction | Frame, Stucco |
---|
Additional Information
Date Listed | February 9th, 2024 |
---|---|
Days on Market | 250 |
RE / Bank Owned | No |
Listing Details
Office | NM Apartment Advisors, Inc. |
---|