2203 New York Avenue SW
Albuquerque, NM 87104
MLS #863573

Multi-family
  • 4units
$455,000
Est. P&I payment: $1737.79/mo
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Description for 2203 New York Avenue SW, Albuquerque, NM 87104
part of a larger portfolio of 27 units in 11 properties - excellent condition, owner has amazing management system in place (online rent payments, leasing, etc.)Amazing location - north of the ABQ Country Club, south of historic Old Town, 1/2 block from new ABQ Rapid Transit.4 unit, 3 garage, 3 lot property contains 2 houses and duplex.Hardwood floors attractive design and neighborhood have made these sought after rentals ideal for conversion to VRBO (Vacation Rental by Owner) units - owner has increased income by converting 2 units to VRBO rentals at $100/night. See Flyer for APOD and more property details.
MLS #863573
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My Notes for MLS #863573

General Features

  • Property Type: C
  • Units for Sale: 4
  • Approx Structured SqFt: 3,067
  • Year Built: 1936
  • Total Number of Stories: 1
  • Total Number of Buildings: 3
  • Stories: 1
  • Property Sub-Type: Four Plex
  • 5+ Units: No
  • Age: 50+
  • Number of Units: 4
  • Lot SqFt: 21,344
  • Zoning: R-LT,​SU-2

Exterior Features

  • Number of Parking Spaces: 8
  • Exterior Material: Stucco
  • Parking: 2 or More Garages
  • Roof: Flat

Interior Features

  • Basement: Basement: No
  • Unit Type 1: Number of Units: 1
  • Unit Type 1: Number of Bedrooms: 2
  • Unit Type 1: Number Baths: 1
  • Unit Type 1: Average SqFt: 936
  • Unit Type 2: Number of Units: 1
  • Unit Type 2: Number of Bedrooms: 2
  • Unit Type 2: Number Baths: 2
  • Unit Type 2: Average SqFt: 931
  • Unit Type 3: Number of Units: 1
  • Unit Type 3: Number of Bedrooms: 1
  • Unit Type 3: Number Baths: 1
  • Unit Type 3: Average SqFt: 600
  • Unit Type 4: Number of Units: 1
  • Unit Type 4: Number of Bedrooms: 1
  • Unit Type 4: Number Baths: 1
  • Unit Type 4: Average SqFt: 600
  • Unit Summary: Total Units: 4
  • Unit Summary: Average Unit Size: 767
  • Unit Summary: Average Actual Rent: 848
  • Unit Summary: Annualized: 40,680
  • Flooring: See Remarks

Utility Features

  • Amenities: No Landscaping
  • Appliances included: Frestnd Gas Stv/Ovn,​Refrigerator
  • Cooling: Evaporative
  • Heating: Wall Unit
  • Utilities: All City

Financial Features

  • Approximate Taxes: 4,267
  • List Price/SqFt: 148
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 975
  • Unit Type 1: Max Rent: 975
  • Unit Type 1: Market Rent: 975
  • Unit Type 2: Average Actual Rent: 995
  • Unit Type 2: Max Rent: 995
  • Unit Type 2: Market Rent: 995
  • Unit Type 3: Average Actual Rent: 730
  • Unit Type 3: Max Rent: 730
  • Unit Type 3: Market Rent: 730
  • Unit Type 4: Average Actual Rent: 690
  • Unit Type 4: Max Rent: 690
  • Unit Type 4: Market Rent: 690
  • Unit Summary: Total Actual Rent: 3,390
  • Finance Considered: Conventional,​FHA,​VA
  • Owner Pays: Maintenance
  • Tenant Pays: Electric,​Gas

Community Features

  • Subdivision: Traction Park & City Electric

Miscellaneous Features

  • Disability Access: Unknown
  • Lead Base Paint: Yes
  • Construction: Frame

Location

 
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Directions to 2203 New York Avenue SW, Albuquerque, NM 87104
From I-25 and I-40 - west on I-40 to Rio Grande, south past Central, second right hand turn is New York Avenue west 1.5 blocks to property(ies).
The listing information for 2203 New York Avenue SW, Albuquerque, NM 87104 was graciously provided by our friends at the listing brokerage, NM Apartment Advisors, Inc.

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Southwest Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Southwest Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/18/2018 at 4:14am
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