About 336&340 Pennsylvania Street Ne
Great 8-unit rental investment opportunity!! All Tile floors, xeriscape common area, all interior paint on file, all units designed for low maintenance. W/D Hookups in each unit, Open Floorplans, Evap Coolers, Security Gate, All Units have Refrigerator, Freezer, Oven & Range. Consistently high occupancy %. Walk Score of (55), Bike score of (63) & and transit score of (63) respectively. Very near art bus station, public transit, and freeway. Close to shopping centers, Groceries, Schools, Parks, Restaurants, Kirkland air force base, Downs Casino, Coronado Mall, UNM/Nob Hill. Very consistent and high occupancy rates. Consists of 2 4-plex buildings with individual parcel id's for easy 30-year fixed mortgages. Cap Rate (10.63%) GRM (7.18) Cash on Cash (23.20%) DCR (1.92)
Features of 336&340 Pennsylvania Street Ne
| MLS® # | 1028463 |
|---|---|
| Price | $580,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Square Footage | 5,432 |
| Acres | 0.31 |
| Year Built | 1960 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
| Is Green | No |
| Guest House | No |
Community Information
| Address | 336&340 Pennsylvania Street Ne |
|---|---|
| Area | 70 - Fairgrounds |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87108 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected, Sewer Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile |
|---|---|
| Appliances | Free-Standing Gas Range, Free-Standing Electric Range, Range Hood, Refrigerator |
| Heating | Wall Furnace |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Landscaping, Lighting |
|---|---|
| Construction | Frame |
| Builder | unkown |
Additional Information
| Date Listed | January 20th, 2023 |
|---|---|
| Days on Market | 53 |
| RE / Bank Owned | No |
Listing Details
| Office | Elysium Realty Group |
|---|