Listing photo for 1401 Silver Avenue Se, Albuquerque, NM
Listing photo for 1401 Silver Avenue Se, Albuquerque, NM
Listing photo for 1401 Silver Avenue Se, Albuquerque, NM
Listing photo for 1401 Silver Avenue Se, Albuquerque, NM
Listing photo for 1401 Silver Avenue Se, Albuquerque, NM
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1401 Silver Avenue Se,

Albuquerque, NM

$275,000

NM Apartments Advisor is excited to bring this UNM area triplex to market at 1401 Silver SE.Located adjacent to the Presbyterian hospital campus and less than four blocks from the main UNM campus, this has a high walk (77) score, transit (50) score and Bike score (94). Recent comparable sales indicate a market value of $347,011. Measure of investment performance at the average rent of $560, include a GRM of 8.18, an after reserves cap rate of 5.10%, and an after tax IRR of 10.00%.If rents are bumped to the market average of $702, measure of investment performance increase to a GRM of 6.53, an after reserves cap rate of 7.50%, a cash on cash of 10.30%.

Facts & Features
MLS® # 928271
Price $275,000
Square Footage 2,281
Acres 0.11
Year Built 1930
Type Residential Income
Sub-Type 5 Units
Status Active
Community Information
Address 1401 Silver Avenue Se
Area 42 - UNM South
Subdivision Terrace Add
City Albuquerque
County Bernalillo
State NM
Zip Code 87106
Amenities
Amenities No Landscaping
Utilities All City
Has Pool No
Interior
Appliances Refrigerator
Heating Gas
Cooling Evaporative
Fireplace No
# of Stories 1
Stories 1 Story
Exterior
Construction Frame
Builder Unknown
Additional Information
Date Listed September 10th, 2018
Days on Market 256
Zoning SU-2
Short Sale No
RE / Bank Owned No
Finance Considered Cash To Owner, FHA, VA
Listing Details
Office NM Apartment Advisors, Inc.

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Photo of Carlos Martinez

Carlos Martinez

Office: (505) 923-4691
Cell: (505) 350-8184

Greater Albuquerque Association of Realtors Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on May 25th, 2019 at 5:43pm MDT.