$318,750 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 $1,496 /mo



Half Baths

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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: 6.94% Cap rate, 10.56 cash on cash, 25.24% before tax IRR and 20.28% after tax IRR.Email Listing Agent for link or see back page of flyerTour rescheduled due to rain on 4/25 at noon, email LA for new tour date and offer deadline.

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Price History

4/10/2017 Listed $283,050

Builder Unknown
Construction Frame
Disability Access Unknown
Finance Considered Cash, Conventional, FHA, VA
Miscellaneous Info Package
Number of Units 4.00
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
Amenities No Landscaping
Appliances Included Refrigerator
Basement No
Cooling 2+Units, Evaporative
Flooring Hardwood, Vinyl/Tile
Heating 2+ Units, Gas

Exterior Features

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 318K Avg 371K

Sqr Feet 2,604 Avg 2,831

Cost / Sqr Ft $122 Avg $131

Taxes $2,441 Avg $2,684

Acres 0.17 Avg 0.18

Visits 7 Avg 30

Days on Site 76 Avg 219

Walkscore® 72 Avg 73

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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