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432 & 434 Quincy Street NE, Albuquerque, NM 87108
$519,000
Property Type:
Residential Income
Square Footage:
2,161
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$519,000
List Date:
4/20/2024
Last Modified:
4/24/2024
Description
Presenting an exceptional duplex in Albuquerque's sought-after MLS area 40, near UNM. Shopping, restaurants and transit make this high walk score property perfect long-term, or medium term rental approach to investing. With RM-H zoning on .18 acres, this property offers a strategic investment opportunity for those looking to the future. Unit 1 is approximately 920 sq ft, while Unit 2 features around 1,241 sq ft. Low operating expenses ensure impressive cash-on-cash returns and ideal for investors looking for a 1031 exchange. Don't miss out on this turnkey investment opportunity in a prime location of Albuquerque!
More Information MLS# 1061113
Contract Information
Listing Price: 519000
Current Price: $519,000
List Price/SqFt: 240.17
Status: Active
Bank Owned: No
Location
Street #: 432 & 434
Street Name: Quincy
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 1347
Geo Lat: 35.084988
Geo Lon: -106.589342
Area: 40 - UNM
Zone Atlas: K17
City/County Data
UPC Code: 101705744544112014
General Property Description
# of Units: 2
5+ Units: No
Units for Sale: 2
Property Sub-Type: Duplex
Apx Structured SqFt: 2161
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.18
Lot SqFt: 7840.8
Directions: From San Mateo and Lomas Travel South. Turn Right (W) on Marquette, Turn Right (N) on Quincy to Property.
Stories: 1
Total # of Buildings: 1
Year Built: 1955
Age: 61 - 70
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3780.1
Tax Exemption: Unknown
Cooling
Centrally Ducted: Yes
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 920
Actual Rent: 1990
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Approx. SqFt: 1241
Actual Rent: 2575
Unit Summary
Total Units: 2
Average Unit Size: 1080.5
Average Actual Rent: 2282.5
Annualized: 54780
Total Actual Rent: 4565
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Enclosed Yard; Fireplace Some Units; Private Patios; Walled Complex
Appliances included: Dishwasher; Dryer; Frestnd Gas Stv/Ovn; Refrigerator; Washer
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Floor Furnace; Wall Unit
Cooling: Evaporative Cooling
Flooring: Tile; Vinyl; Wood
Green Energy Generation: None
Electric Provider: Public Utility
Electric: None
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash Removal; Water
Parking: 1.5 Spaces Per Unit; Other Parking
Roof: Flat; Tar Gravel
Rental Info: Call Listing Broker
Finance Considered: Cash; Conventional; VA
Source: Owner Provided
Zoning: R-MH*
Listing Office: Real Broker
Last Updated: April - 24 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.