Bought with Keller Williams Realty
$370,000
$375,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
3,464 SqFt
SOLD DATE : 03/31/2023
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,464 sqft
Price per Sqft $106
Subdivision Dorado Skies Subdivision
MLS Listing ID 1000282
Sold Date 03/31/23
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1979
Annual Tax Amount $1,893
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions Public Records
Property Description
Each of the two bedroom one bathroom units has a utility room with washer/dryer hookups. Heat is provided by electric baseboard heating units. The hot water heater is also electric. Apartment 3 has a fireplace. 3 of 4 units are vacant, renovated and ready for you to select your own residents. The property has a new roof, with a 5 year transferable warranty from We Care Roofing service, Buyer would be responsible for applying for the transfer.At the ask price of $375,000 and an average rent of $800 the measure of investment performance include a GRM of 9.77, a CAP rate of 6.64% (before reserves), a price per unit of $93,750 a price per square foot of $109.14 an after-tax IRR of 15.40%.
Location
State NM
County Bernalillo
Area 71 - Southeast Heights
Interior
Heating Radiant
Cooling Evaporative Cooling
Flooring Carpet, Vinyl
Fireplaces Type Option
Fireplace No
Appliance Refrigerator
Exterior
Utilities Available Cable Connected, Electricity Connected, Phone Connected
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID 102205618831910537
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing VA
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