$352,754 1304 Coal - 4 Units Avenue Sw Albuquerque, NM

MLS: 888826   Type: Multi-Family   County: Bernalillo   City: Albuquerque   Area: Downtown Area   Neighborhood: Raynolds Add   Zip: 87102   Style: Four Plex     Stories: 1   Taxes: $2,441

Mortgage $1,656 /mo



Half Baths

Sqr Footage

Lot Size








Four plex in downtown Albuquerque - hardwood floors, attractive interiors, although the Seller is interested in selling all 8 units at the same time, the Seller is open to separately or with neighboring 1300 Coal SW fourplex , with the intention of having a similar closing timeframe for each buyer to allow the Seller to complete a 1031 exchange. Measures of investment performance: 6.34% Cap rate, 8.18% cash on cash, 21.2% before tax IRR and 217.1% after tax IRR.

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Price History

4/10/2017 Listed $283,050

# of Units 4.00
Amenities No Landscaping
Builder Unknown
Construction Frame
Finance Considered Cash, Conventional, FHA, VA
Miscellaneous Info Package
Rental Info Call Listing Broker
Stories 1.0
Subdivision Raynolds Add
Tenant Pays Other - See Remarks
Utilities All City
Zoning SU-2

Interior Features

5+ Units No
Appliances Included Refrigerator
Basement No
Cooling 2+Units, Evaporative
Flooring Vinyl, Wood
Heating 2+ Units, Gas

Exterior Features

Disability Access Unknown
Exterior Material Stucco
Metering Individual Electric, Individual Gas

Property Schools

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Gallery (19 photos)

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Property vs Zip Code Avg (87102)

Price 352K Avg 425K

Sqr Feet 2,604 Avg 2,981

Cost / Sqr Ft $135 Avg $143

Taxes $2,441 Avg $2,736

Acres 0.17 Avg 0.18

Visits 14 Avg 40

Days on Site 197 Avg 360

Walkscore® 72 Avg 72

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Listing Provided Courtesy Of: NM Apartment Advisors, Inc.

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Location & Address

Re/Max Elite
8300 Carmel Ave NE, Ste 201
Albuquerque, NM