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201 Hanosh Court SE

Albuquerque, NM 87123
  • $316,000
  • STATUS: Active
  • ON SITE: 2 Days
  • MLS #: 1002759
New On Site 2 Days Ago
UPDATED: 45 min ago
$316,000
  • 2
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,351
    SQFT
  • $94
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Description

Great Investment Opportunity on this 4 Plex that has a TON of upside and value add. Property was recently re-stuccoed. Actual current rents boast a 5.75% Cap Rate with all 4 units below market rent. Not to mention a laundry room that is not in operation currently. Before tax Annual Rate of Return of 12.33%, $3,921 Cash Flow and 5.14% Cash on Cash.

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IDX information © 2021 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Berkshire Hathaway HomeServices. Data last updated: 2021-10-15T23:04:51.58.
www.propertiesofsantafe.com/homes/122311204
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201 Hanosh Court SE Albuquerque, NM 87123

  • Price: $316,000
  • Status: Active
  • Updated: 45 min ago
  • MLS #: 1002759
2
Beds
0
Baths
0
½ Baths
0.21
Acres
3,351
SQFT
$94
$/SQFT
1978
Built
Neighborhood:
71 - Southeast Heights
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
Great Investment Opportunity on this 4 Plex that has a TON of upside and value add. Property was recently re-stuccoed. Actual current rents boast a 5.75% Cap Rate with all 4 units below market rent. Not to mention a laundry room that is not in operation currently. Before tax Annual Rate of Return of 12.33%, $3,921 Cash Flow and 5.14% Cash on Cash.
Exterior Features

Construction Materials Frame Levels Two

Interior Features

Appliances Refrigerator Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring CarpetTile Heating CentralForced Air Heating YN Yes

Property Features

Accessibility Features None Builder Name Unknown Building Area Total 3351 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 2218 Tenant Pays ElectricityGas Utilities Electricity ConnectedSewer ConnectedWater AvailableWater Connected Water Source Community/Coop Zoning Description R-Ml*

Listing courtesy of Ps Properties. © 2021 Southwest Multiple Listing Service, Inc.


IDX information © 2021 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Berkshire Hathaway HomeServices. Data last updated: 2021-10-15T23:04:51.58.
 
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