All 4 apartments have been modernized with care and an eye for resident comfort, convenience and security with secured outdoor storage and private yard spaces with brand new xeric landscaping and plenty of room for private outdoor living space. Other updates include thermal windows, new quality luxury vinyl plank flooring throughout, stacked washer / dryers in each unit, with updated appliances and fixtures throughout.Measures of investment performance at ask price of $570,370 and current average rent of $1,038 are a GRM of 11.45, a 6.41% cap rate, $142,592 per unit, $248/sf and an after tax IRR of 12.70%. If rents are raised to market of $1,175 the measures of investment performance improve to a cap rate of 7.32%.Apartments are separately metered and residents pay G&E.
Nestled in the neighborhood near the University of New Mexico (UNM), this delightful 2-bedroom, 1-bathroom home offers a perfect blend of comfort, convenience, and style. The kitchen features ample cabinet space, and a cozy dining area, making it a perfect space for preparing and enjoying meals. The two bedrooms are generously sized. Very large backyard!
Nestled in the neighborhood near the University of New Mexico (UNM), this delightful 2-bedroom, 1-bathroom home offers a perfect blend of comfort, convenience, and style. The kitchen features ample cabinet space, and a cozy dining area, making it a perfect space for preparing and enjoying meals. The two bedrooms are generously sized. Very large backyard!
This stunning fourplex nestled in the heart of UNM area. Just a stone's throw away from the university, restaurants, and exciting shopping destinations, this property offers the ideal blend of convenience and charm. Each unit is separately metered (electric & Gas) and has been meticulously remodeled, ensuring a harmonious fusion of practicality, comfort and style. The units come in a variety of layouts, with three of them offering spacious 1-bedroom, 1-bathroom configurations, while the fourth unit is a cozy studio. Parking is never a concern with the expansive driveway that accommodates all tenants/guests comfortably. For those with entrepreneurial aspirations, the property presents a golden opportunity, with all 4 units being rented, currently generating a monthly rent of $5250.
Beautiful home near UNM and Airport with a great floor plan. Newer roof, newer refrigerated air and heater. Synthetic Stucco, Xero scarped front yard with drip system. Beautiful hardwood floors in main house and laminate newer wood flooring in larger den, kitchen and bathroom. Newer kitchen cabinets with wolf commercial oven. Enjoy the beautiful large updated master bathroom with overhead shower head. Corner lot with Backyard access covered storage for cars, boats, or small RV's. Bonus basement adds a ton of storage (not included in the square footage. Photovoltaic solar panels assumable by buyer for minimal electric bill.
Beautiful home upgrade interior and exterior painting, laminated flooring, and upgraded bathroom.Location Location UNM Area , easy access to Hwy , Schools, and Restaurants.
Mountain views from this historic home with an abundance of architectural charm in the Heart of Nob Hill. Built on the highest point of Nob Hill in the 1920's on .31 acre. Stunning addition added in 1960's w 2nd fireplace, Italian chandelier, 12' ceilings, 2nd kitchen, perfect for entertaining or artist or dance studio.Walking neighborhood offers dining, boutiques, food co-op, art house movies. 3.3 miles to ABQ Airport. Easy access to I-25, I-40. Short drive or walkable to UNM, UNMH etc. The home was passed down through generations until purchased by current owner, retaining its original character. Can easily be divided into 2 living spaces. Private yards, views of sunrise and sunset. . Endless potential!
Stunning custom home tucked into the heart of Nob Hill, built in 2019, you will not find another like it. This 3 bedroom 3 bath home with a casita/studio with it's own bathroom and laundry, showcases stone accents, walnut hardwood floors, high ceilings, and a chef's kitchen with Wolf range and ovens, Subzero kitchen and wine refrigerators, a gracious granite island and custom cabinets. Relax and unwind in the spa-like primary bathroom with soaking tub or enjoy the walk-in shower with steam, custom cabinets and marble countertops. Amenities abound, wet bar with ice maker, outdoor kitchen, 2 semi-private, very inviting outdoor patios, custom barrel ceiling in hallway, beautiful custom accent lighting, Nuvo/Luxul sound system that can be controlled from your phone, and more.
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.
Welcome home to this beautiful Knob Hill / UNM area home! Featuring, new stucco, hardwood floors, fresh paint, fireplace, gas stove, two living areas, ceiling fans, one car garage and large yard!
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Nysha Lynn 6711 Academy Rd. NE Ste. B, Albuquerque, NM 87109 | Phone: (505) 710-2750 | Email: nyshasellsre@gmail.com
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