3608 Bryn Mawr DR NE, Albuquerque, NM 87107
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3608 Bryn Mawr DR NE, Albuquerque, NM 87107
3608 Bryn Mawr DR NE, Albuquerque, NM 87107
3608 Bryn Mawr DR NE, Albuquerque, NM 87107
3608 Bryn Mawr DR NE, Albuquerque, NM 87107
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Esteban Montano

Esteban Montano

+1(505) 450-4362
Listed by Realty One of New Mexico
$ 450,000
Est. payment /mo
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3608 Bryn Mawr DR NE Albuquerque, NM 87107

8 Beds

4 Baths

2,903 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,903 sqft

Price per Sqft $155

Subdivision La Guardia Tyler

MLS Listing ID 1113312

Bedrooms 8

Construction Status Resale

HOA Y/N No

Year Built 1978

Annual Tax Amount $4,039

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Great Investment Opportunity - Fourplex!Well-maintained fourplex featuring four units, each offering 2 bedrooms and 1 bathroom. The property is 100% occupied, generating $4,175 in monthly rental income ($50,100 annually). The TPO roof and stucco are approximately 6 years old, and the property is in good overall condition.At a $450,000 asking price, the property offers a projected 5.79% cap rate with a 5% vacancy allowance, or 7.06% assuming full occupancy throughout the year, based on seller-provided operating expenses.Excellent opportunity for investors seeking an income-producing multifamily property in Albuquerque's Uptown area.Financial figures are estimates based on seller-provided information and are subject to buyer verification. Please see documents.

Location

State NM

County Bernalillo

Area 41 - Uptown

Interior

Interior Features Ceiling Fan(s)

Heating Central, Forced Air, Hot Water

Cooling Evaporative Cooling, Ceiling Fan(s)

Flooring Carpet, Laminate, Tile

Fireplace No

Appliance Free-Standing Gas Range, Disposal, Refrigerator

Exterior

Exterior Feature Lighting, Patio

Community Features Patio

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Porch Patio

Total Parking Spaces 6

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101606037121340731

Acceptable Financing Cash, Conventional, Owner May Carry

Green/Energy Cert None

Listing Terms Cash, Conventional, Owner May Carry

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

Esteban Montano

Esteban Montano

Broker License ID: 51460

+1(505) 450-4362

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3608 Bryn Mawr DR NE