• MLS® #: 965189
  • 8401 Marquette Avenue Ne
  • Albuquerque, NM 87108
  • $249,900
  • 2 Beds, 1 Bath, 3420 SqFt, 0.20 Acres
  • Residential Income
  • Office: Abq Properties Llc

Turnkey four plex in the Northeast. At $700 monthly per apartment the property produces Gross Annual Rents of $33,600. Cap rate is 8.68% and GRM is 7.43. All units are two bedroom one bath apartments open living/dining room areas. Each apartment comes with its own set of full-size washer and dryer. All four units are separately metered and tenants pay for gas and electricity. Large parking lot allows for additional parking. This is a well-maintained building with newer windows. Please do not walk the property or disturb tenants. Offer subject to inspections.

Essential Information

  • MLS® #965189
  • Price$249,900
  • Bedrooms2
  • Bathrooms1.00
  • Square Footage3,420
  • Acres0.20
  • Year Built1977
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusPending

Community Information

  • Address8401 Marquette Avenue Ne
  • Area70 - Fairgrounds
  • CityAlbuquerque
  • CountyBernalillo
  • StateNM
  • Zip Code87108

Interior

  • InteriorCarpet, Tile, Laminate
  • AppliancesFree-Standing Gas Range
  • HeatingForced Air
  • CoolingEvaporative Cooling
  • # of Stories2
  • StoriesTwo

Exterior

  • Exterior FeaturesLandscaping
  • ConstructionFrame

Additional Information

  • Date ListedMarch 24th, 2020
  • Days on Market56
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 May 31st, 2020 at 8:00pm MDT.