IRON FIVE: 4-PLEX AND HOME

Multi-Family for Sale
Catylist Listing ID: 30139444
Number of Units: 5 Units
Building Size (RSF): 2,644 SF
Gross Land Area: 7,700 SF
Sale Price: $199,000
Unit Price: $39,800 Per Unit
Property Use Type: Investment
Building Name: IRON FIVE
Sale Terms: Cash to Seller
Last Updated: 7/31/2017

Overview / Comments

Iron Avenue, immediately south of more well-known Coal Avenue, is near the Albuquerque Country Club, Tingley Field, Albuquerque Bio Park, and the Zoo.

The area is very walkable and bikeable.

The 4-plex is two-storied; the home is one story.

A pro forma cap rate is provided based on future rental of the home adjacent to the 4 units; the home was occupied by the owner before relocating out of state.

Unusually large (for downtown) off-street parking area.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Downtown
Taxing Authority: Bernalillo County
Tax ID/APN: ABQ142978
Zoning: R-2 - Residential Zone
Property Located Between: Between Central and the River in Downtown Albuquerque.
Airports: Albuquerque International Sunport
Total Number of Buildings: 2
Property Condition: Average
Roof Type: Other
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Wall Units
Fuel: Gas
Air Conditioning: Evaporative Cooler, Window Unit
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,683 112,918 285,411
Median Age: 37.06 33.94 33.84
Households: 6,420 44,995 112,462

Contact

Photograph of Listing Agent

Ray Regan

Realty One of New Mexico
CARNM CIE Member
© Copyright Commercial Association of REALTORS┬« - New Mexico. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS┬« - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.