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 Site721

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:
$309,000
91.142857142857% of Average
SqFt:
3,099
low | high
Med:
1,919
88.076798967409% of Average
$ / SqFt:
$169
low | high
Med:
$161
54.95138837192% of Average
On Site:
721
low | high
Med:
61
100% of Average
Listing Updated: 06/19/2019
MLS Number: 895797
Listing Provided By:
Todd D Clarke  of  NM Apartment Advisors Inc.