134 Rhode Island Street Se, Albuquerque, NM

$493,710

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2

Beds

1

Bath

3,126

Square feet

0.16

Acres

About 134 Rhode Island Street Se

Seller is willing to offer financing for an owner occupant (who must move into the property) with a 5% down payment 30 year amortization, 5.75% interest rate, 7 year balloon, subject to approval of the buyers credit report, financial statement and tax returns.This fourplex contains two bedroom one bathroom units that are renting at $1,247. Each renovated unit has washers/dryers and the belong to the owner and convey with the property.At the current average rents of $1,247, and an ask price of $493,710 the measures of investment performance include a price per unit of $123,427, price per square foot of $157.49, a GRM of 8.25, an after reserves cap rate of 6.65%.

Features of 134 Rhode Island Street Se

MLS® # 1056948
Price $493,710
Bedrooms 2
Bathrooms 1.00
Square Footage 3,126
Acres 0.16
Year Built 1980
Type Residential Income
Sub-Type Quadruplex
Status Active
Is Green No
Guest House No

Community Information

Address 134 Rhode Island Street Se
Area 71 - Southeast Heights
Subdivision Unity Addition
City Albuquerque
County Bernalillo
State NM
Zip Code 87108

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Tile, Vinyl
Appliances Refrigerator
Heating Central, Forced Air
Cooling Evaporative Cooling
Fireplace No
# of Stories 2
Stories Two

Exterior

Construction Frame
Builder Unknown

Additional Information

Date Listed February 9th, 2024
Days on Market 12
RE / Bank Owned No

Listing Details

OfficeNM Apartment Advisors, Inc.

Listing Map

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