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    524 12th Street NW

    Albuquerque, NM 87102
    • $340,000
    • STATUS: Pending
    • ON SITE: 104 Days
    • MLS #: 996361
    Pending
    UPDATED: 55 min ago
    $340,000
    • 1
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,928
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    This well-located triplex is back on the market - now with updated inspection reports. Located at 12th/Lomas and walking distance to the downtown core as well as the old downtown square and their combined over 100+ restaurants and retail opportunities. Located at 524 12th NW, 1114 and 1118 Lomas NW, this property contains a medium sized one bedroom one bath, a vacant ready for owner-occupant large one bedroom one bath with basement, as well as a leased two-bedroom one bath unit.The new price $340,000 is the outcome of the most recent bidding war and best and final round, please note this price is 20% lower than recent market comparable sales.Measures of investment performance at ask price of $340,000 with a current average rent of $967 are a GRM of 10.283, a 7.12% cap rate

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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: 2021-10-24T08:04:48.057.
    www.propertiesofsantafe.com/homes/119211038
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    524 12th Street NW Albuquerque, NM 87102

    • Price: $340,000
    • Status: Pending
    • Updated: 55 min ago
    • MLS #: 996361
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,928
    SQFT
    $0
    $/SQFT
    1926
    Built
    Neighborhood:
    Perea Additon
    County:
    Bernalillo
    Area:
    80 - Downtown Area
    Property Description
    This well-located triplex is back on the market - now with updated inspection reports. Located at 12th/Lomas and walking distance to the downtown core as well as the old downtown square and their combined over 100+ restaurants and retail opportunities. Located at 524 12th NW, 1114 and 1118 Lomas NW, this property contains a medium sized one bedroom one bath, a vacant ready for owner-occupant large one bedroom one bath with basement, as well as a leased two-bedroom one bath unit.The new price $340,000 is the outcome of the most recent bidding war and best and final round, please note this price is 20% lower than recent market comparable sales.Measures of investment performance at ask price of $340,000 with a current average rent of $967 are a GRM of 10.283, a 7.12% cap rate
    Exterior Features

    Construction Materials Frame Levels One Parking Total 3 Stories Total 1

    Interior Features

    Appliances Refrigerator Basement YN Yes Bathrooms Total Integer 1 Cooling Evaporative CoolingWindow Unit(S) Cooling YN Yes Electric None Flooring TileVinylWood Heating CentralForced Air Heating YN Yes

    Property Features

    Additional Parcels YN Yes Builder Name Unknown Building Area Total 2928 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 31065 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 9593 Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 4223 Tenant Pays OtherSee Remarks Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description Mx-L*

    Listing courtesy of Nm Apartment Advisors, Inc.. © 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: 2021-10-24T08:04:48.057.
     
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