• MLS® #: 951546
  • 916 Alcazar Street Ne
  • Albuquerque, NM 87110
  • $334,880
  • 2 Beds, 1 Bath, 3278 SqFt, 0.21 Acres
  • Residential Income
  • Office: Nm Apartment Advisors, Inc.

This fabulous owner occupant style fourplex at 916 Alcazar NE with large owner units that include washer/dryer connections and private backyards has an amazing location - walking distance to Expo NM, the NM State Fair, and biking distance to Uptown good walk (50), bike (60), and transit (40) scores. Built in 1976, the property has been well maintained and kept a lot of its original charm.Rents have gone up, but the price has remained the same -at $334,880 and an average rent of $713 the measure of investment performance include a GRM of 9.79, a CAP rate of 6.10%, a price per unit of $83,720, a price per square foot of $102.16 and an after-tax IRR of 14.30%If the rents are raised to market average of $750 the measure of investment performance improved a cap rate of 6.72%

Essential Information

  • MLS® #951546
  • Price$334,880
  • Bedrooms2
  • Bathrooms1.00
  • Square Footage3,278
  • Acres0.21
  • Year Built1976
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusPending

Community Information

  • Address916 Alcazar Street Ne
  • Area70 - Fairgrounds
  • SubdivisionMesa Del Norte addition
  • CityAlbuquerque
  • CountyBernalillo
  • StateNM
  • Zip Code87110

Interior

  • InteriorCarpet, Vinyl
  • AppliancesRefrigerator
  • HeatingForced Air, Other, See Remarks
  • CoolingEvaporative Cooling
  • # of Stories1

Exterior

  • ConstructionFrame

Additional Information

  • Date ListedAugust 11th, 2019
  • Days on Market281
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

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 June 7th, 2020 at 12:15am MDT.