NEW
  • MLS® #: 950967
  • 1510 Pennsylvania Street
  • Albuquerque, NM 87110
  • $537,000
  • 0.34 Acres
  • Residential Income
  • Office: Nm Apartment Advisors, Inc.

NM Apartment Advisors is excited to have listed this fabulous owner occupant style fourplex at 1510 Pennsylvania NE with extremely large units - including a 1,800 owners unit and three, yes, three 1,500 square foot units. Property has an amazing location - walking distance to Uptown and just east of Winrock with a good walk (61), bike (86), and transit (36) scores. Built in 1967, the property has been well maintained and kept a lot of its original charm.At the ask price of $537,000 and an average rent of $928 the measure of investment performance include a GRM of 12.06, a CAP rate of 5.30%, a price per unit of $134,250, a price per square foot of $84.12 and an after tax IRR of 14.60%.If the rents are raised to market average of $1,369 the measure of investment performance impr

Essential Information

  • MLS® #950967
  • Price$537,000
  • Acres0.34
  • Year Built1967
  • TypeResidential Income
  • Sub-TypeFour Plex
  • StatusPending

Community Information

  • Address1510 Pennsylvania Street
  • Area41 - Uptown
  • SubdivisionSnow Heights Add
  • CityAlbuquerque
  • CountyBernalillo
  • StateNM
  • Zip Code87110

Amenities

  • AmenitiesOwners Unit
  • ParkingCovered

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Interior

  • AppliancesRefrigerator
  • HeatingOther - See Remarks
  • CoolingOther - See Remarks
  • # of Stories2
  • Stories2 Story

Exterior

  • RoofFlat
  • ConstructionBrick, Frame

Additional Information

  • Date ListedAugust 2nd, 2019
  • Days on Market4
  • ZoningMX-M*
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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on August 19th, 2019 at 7:43am MDT.