421 Harvard Drive Se Albuquerque, NM 87106

3 Units
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$556,936 Est. $1,981 / mo.*
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Property Type: Triplex
Status: Active
Year Built: 1925
Neighborhood: Lot 14, Block 4, University Heights Addition
Days on Website: 254

Courtesy of NM Apartment Advisors, Inc..

Description

Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $556,936 and current average rent of $1,232 are a GRM of 12.95, a 5.67% cap rate, $183,645 per unit, $300/sf. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one.

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Property Details and Features

  • Description: Refrigerator
  • Total Bathrooms: 1
  • Area: 1856
  • Building Area: 1856
  • Construction Materials: Frame
  • Levels: One
  • Year Built: 1925
  • Details: EvaporativeCooling
  • Features: Landscaping
  • Flooring: Tile
  • Heating: Central,ForcedAir
  • Days on Market: 172
  • Listing Price: 556936
  • Status: Active
  • Address: 421 Harvard Drive SE
  • Area: 42 - UNM South
  • City: Albuquerque
  • State: NM
  • Zip: 87106
  • County: Bernalillo
  • Subdivision: Lot 14, Block 4, University Heights Addition
  • Directions: From I-25 and Coal, east to Harvard, south to property.
  • Acres: 0.16
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
$556,936 - 1Br/Ba - for Sale in Lot 14, Block 4, University Heights Addition, Albuquerque
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Location

$556,936 - 421 Harvard Drive Se, Albuquerque, NM 87106
421 Harvard Drive Se Albuquerque, NM 87106
Address: 421 Harvard Drive SE

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