12120 Candelaria RD NE Active

Albuquerque,NM 87112

$ 700000

2 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Tr 29C-2 Blk 29-C Brentwood Hills

MLS Listing ID 1078050

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1989

Annual Tax Amount $4,117

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

At 12100 Candelaria NE each apartment is also separately metered for gas and electric and laid out in a courtyard style format At 12120, Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking.Owner has dropped the price $100,000 to encourage a sale of both fourplexes together12100 Candelaria NE - Measures of investment performance at ask price of $600,000 and average rents of $1,200 are a GRM of 10.42, a 6.28% cap rate, $150,000 per unit, $242/sf12120 Candelaria NE - Measures of investment performance at ask price of $700,000 and average rents of $1,300 are a GRM of 11.22, a 5.70% cap

Location

State NM

County Bernalillo

Area 50 - Northeast Heights

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 102205935653712540

Acceptable Financing Cash,Conventional,FHA,VA Loan

Green/Energy Cert None

Listing Terms Cash,Conventional,FHA,VA Loan

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