622 San Pedro Drive SE

    Albuquerque, NM 87108
    • $175,000
    • STATUS: Active
    • ON SITE: 75 days
    • MLS #: 950861
    $175,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,300
      SQFT
    • $135
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    NM Apartment Advisors is excited to have listed this fabulous owner occupant style duplex at 622-624 San Pedro SE with a good walk (77), bike (72), and transit (44) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents).Well decorated and maintained one bedroom units with upgrades and garages - not to mention hardwood floors, cabinet built-ins and so much more.At the ask price of $175,000 and an average rent of $625 the measure of investment performance include a GRM of 11.67, a CAP rate of 5.30%, a price per unit of $87,500, a price per square foot of $134.62 a before tax IRR of 12.50%.

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    IDX information © 2019 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Bigelow Team | Red Fox Realty. Data last updated: 2019-10-17T00:05:17.15.
    www.bigelowrealestateteam.com/homes/97525837

    622 San Pedro Drive SE Albuquerque, NM 87108

    • Price: $175,000
    • Status: Active
    • MLS #: 950861
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,300
    SQFT
    $135
    $/SQFT
    1957
    Built
    Neighborhood:
    Mesa Park Add
    County:
    Bernalillo
    Area:
    71 - Southeast Heights
    Property Description
    NM Apartment Advisors is excited to have listed this fabulous owner occupant style duplex at 622-624 San Pedro SE with a good walk (77), bike (72), and transit (44) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents).Well decorated and maintained one bedroom units with upgrades and garages - not to mention hardwood floors, cabinet built-ins and so much more.At the ask price of $175,000 and an average rent of $625 the measure of investment performance include a GRM of 11.67, a CAP rate of 5.30%, a price per unit of $87,500, a price per square foot of $134.62 a before tax IRR of 12.50%.
    Exterior Features

    Construction Frame Exterior Material Stucco Roof Flat Stories 1 Total Buildings 2 Total Stories In Building 1.0

    Interior Features

    Appliances Included Refrigerator Average Unit Size 650.00 Basement No Cooling Evaporative Cooling Flooring Wood Heating Other - See Remarks Unit Type1 Approx Sq Ft 650 Unit Type1 Baths 1.00 Unit Type1 Bedrooms 1

    Property Features

    5 Plus Units No Age 51 - 60 Allowance Concession YN No Amenities Some Landscaping Apx Taxes 1222.44 Average Actual Rent 625.00 Bank Owned No Builder Unknown Disability Access No Finance Considered CashConventionalFha Lead Base Paint Yes Lot Size Source On-Line Multiple Lots One Owner Occupant Unit Yes Owner Pays Other - See Remarks Property Sub Type Duplex Rental Info Other - See Remarks Source Actual Record Sq Ft Source Per Appraisal Tax Exemption Unknown Tenant Pays Other - See Remarks Total Actual Rent 1250.00 Total Units 2 Trade Exchange Considered No Unit Summary Annualized 15000.00 Unit Type1 Actual Rent 625 Unit Type1 Market Rent 650 Unit Type1 Max Rent 625 Unit Type1 Num Units 2 Units For Sale 2 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedWater Connected Zoning R-Mh*

    Listing courtesy of Nm Apartment Advisors, Inc.. © 2019 Southwest Multiple Listing Service, Inc.
    IDX information © 2019 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Bigelow Team | Red Fox Realty. Data last updated: 2019-10-17T00:05:17.15.
     
    The Bigelow Team | Red Fox Realty
    Albuquerque NM,