$525,000

317 15th Street NW

Albuquerque NM, 87104

Description

NM Apartment Advisors is excited to have listed this wonderful owner occupant style fourplex located between Downtown and Old Town Albuquerque with a high walk (84), bike (83), and transit (47) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents).Located at 317 15th NW, and offered at $525,000, which is just five thousand dollars higher than its January 2018 appraisal.The property's is walking distance to both the downtown central business district, old town and a couple dozen brew pubs, and specialty coffee shows. (Think of it as the epicenter for the three B's - bikes, brews, and beer).At the ask price of $525,000 and an average rent of $1,038 the measure of investment performance include a GRM of 10.54, a CAP

Details

MLS#895797
Sub-TypeResale
StatusActive
Year1965
Days On Site816

Features

SQ Feet3,099
Units4
Building(s)1

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87104
Area80 - Downtown Area
Listing VS Median (in 87104)
Price:
$525,000
low | high
Med:
$295,999
93.619238095238% of Average
SqFt:
3,099
low | high
Med:
0
100% of Average
$ / SqFt:
$169
low | high
Med:
$0
100% of Average
On Site:
816
low | high
Med:
78
100% of Average
Listing Updated: 09/23/2019
MLS Number: 895797
Listing Provided By:
Todd D Clarke  of  NM Apartment Advisors Inc.