13207 Mountain Place Ne Albuquerque, NM 87112

4 Units
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$597,607 Est. $2,201 / mo.*
Details Directions
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Property Type: Quadruplex
Status: Active
Year Built: 1979
Neighborhood: Panorama Heights
Days on Website: 385

Courtesy of NM Apartment Advisors, Inc..

Description

NM Apartment Advisors is excited to bring to market this rare opportunity to own a Far North East Heights, large corner-lot, owner occupant style fourplex. Potential uses for the extra land include a small casita, RV Storage, dog run, community garden, a wood/workshop and so much more.Units A & B have separate back yard spaces and all units have a separate storage unit. Community coin operated laundry is adjacent to the common gathering. A new TPO roof is being installed in the February, a new 75 gallon hot water heater was installed in January 2025, the evaporative coolers were replaced 2021 and all furnaces are relatively new.Measures of investment performance at ask price of $597,607 and average rents, as of $1,125 are a GRM of 11.07, a 6.20% cap rate, $149,902 per unit.

Open House

Property Details and Features

  • Description: Refrigerator
  • Total Bathrooms: 2
  • Area: 3152
  • Building Area: 3152
  • Construction Materials: Frame,Stucco
  • Levels: One
  • Year Built: 1979
  • Details: EvaporativeCooling
  • Features: Landscaping
  • Flooring: Carpet,Tile
  • Heating: Central,ForcedAir
  • Days on Market: 245
  • Listing Price: 597607
  • Status: Active
  • Address: 13207 Mountain Place NE
  • Area: 50 - Northeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87112
  • County: Bernalillo
  • Subdivision: Panorama Heights
  • Directions: From I-40 and Tramway, north to Lomas, west to Nakomis, east on Mountain, southeast to Mountain Place/property.
  • Acres: 0.27
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected

Location

$597,607 - 13207 Mountain Place Ne, Albuquerque, NM 87112
13207 Mountain Place Ne Albuquerque, NM 87112
Address: 13207 Mountain Place NE

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