12229 Menaul BLVD NE Active Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87112
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,107 sqft
Price per Sqft $186
Subdivision Brentwoods Hills
MLS Listing ID 1053809
Bedrooms 3
Construction Status Resale
HOA Y/N No
Year Built 1977
Annual Tax Amount $2,969
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions Public Records
Property Description
Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.
Location
State NM
County Bernalillo
Area 50 - Northeast Heights
Interior
Heating Central, Forced Air
Cooling Evaporative Cooling
Flooring Tile
Fireplace No
Appliance Refrigerator
Exterior
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Accessibility None
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 102205943630110604
Acceptable Financing Cash,Conventional,FHA,VA Loan
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA,VA Loan