201 Edith Boulevard NE
Albuquerque, NM 87102
MLS #910516

Multi-family
  • 3units
Pending Sale $390,000
Est. P&I payment: $1489.54/mo
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Description for 201 Edith Boulevard NE, Albuquerque, NM 87102
Amazing house+duplex+garages in historic Huning Highlands/ EDO neighborhood. First time offered for sale since 1980s.Located just east of Downtown Albuquerque's Innovation district, two blocks north of Arthichoke Cafe and one block from the historic library as well as the new ART stop. This property offers a walk score of 86, transit score of 58, and bike score of 86. The property consists of three buildings: 1. Main residence with basement, 2. Duplex with two studios, 3. 2 car garage.At the ask price of $390,000 and as triplex, measure of investment performance include a 13.37 GRM, 5.4% CAP rate, 12.8% before tax IRR.
MLS #910516
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My Notes for MLS #910516

General Features

  • Property Type: C
  • Units for Sale: 3
  • Approx Structured SqFt: 2,862
  • Year Built: 1906
  • Total Number of Buildings: 3
  • Stories: 1
  • Property Sub-Type: Triplex
  • 5+ Units: No
  • Age: 50+
  • Number of Units: 3
  • Lot SqFt: 6,534
  • Zoning: SU-2

Exterior Features

  • Exterior Material: Wood Siding
  • Parking: 2 or More Garages
  • Roof: Pitched,​Shingle

Interior Features

  • Basement: Basement: Yes
  • Basement: Overall SqFt: 1,200
  • Basement: Heated: Yes
  • Basement: SqFt Include: Yes
  • Basement: Finished: Partial
  • Basement: Entry/Exit: Walk Up
  • Basement: Bedrooms: 2
  • Basement: Bathrooms: 1
  • Unit Type 1: Number of Units: 1
  • Unit Type 1: Number of Bedrooms: 2
  • Unit Type 1: Number Baths: 1
  • Unit Type 1: Style: Main residence
  • Unit Type 1: Average SqFt: 1,102
  • Unit Type 2: Number of Units: 2
  • Unit Type 2: Number Baths: 1
  • Unit Type 2: Style: Studio
  • Unit Type 2: Average SqFt: 230
  • Unit Summary: Total Units: 3
  • Unit Summary: Average Unit Size: 521
  • Unit Summary: Average Actual Rent: 827
  • Unit Summary: Annualized: 29,760
  • Flooring: Concrete,​Wood

Utility Features

  • Amenities: Laundry Community,​Laundry Equip. Owned,​Owners Unit
  • Appliances included: Refrigerator
  • Cooling: 2+Units,​Evaporative
  • Heating: 2+ Units,​Gas
  • Utilities: All City

Financial Features

  • Approximate Taxes: 984
  • List Price/SqFt: 136
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 1,450
  • Unit Type 1: Max Rent: 1,450
  • Unit Type 1: Market Rent: 1,500
  • Unit Type 2: Average Actual Rent: 515
  • Unit Type 2: Max Rent: 515
  • Unit Type 2: Market Rent: 695
  • Unit Summary: Total Actual Rent: 2,480
  • Finance Considered: Cash,​Conventional,​FHA,​VA
  • Owner Pays: Other - See Remarks
  • Tenant Pays: Electric,​Gas

Community Features

  • Subdivision: Hunings Highland Add

Miscellaneous Features

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

Location

 
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Directions to 201 Edith Boulevard NE, Albuquerque, NM 87102
From I-25 and I-40 south to Central exit, west to Edith, north to the property - sign is posted.
The listing information for 201 Edith Boulevard NE, Albuquerque, NM 87102 was graciously provided by our friends at the listing brokerage, NM Apartment Advisors, Inc.

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Last Updated 04/26/2018 at 4:57am
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