Homes for sale - 12229 Menaul BLVD NE, Albuquerque, NM 87112

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HomeSmart Realty Pros

broker@homesmart-realtypros.com +1(505) 962-2121

Listed by NM Apartment Advisors, Inc.

$ 579,429

Est. payment | -/mo

3 Beds

2 Baths

3,107 SqFt

Save

$ 579,429

Est. payment | -/mo

Save

3 Beds

2 Baths

3,107 SqFt

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

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12229 Menaul BLVD NE Albuquerque, NM 87112