Albuquerque, NM 87106,421 Harvard DR SE
Albuquerque, NM 87106,421 Harvard DR SE
Albuquerque, NM 87106,421 Harvard DR SE
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Listed by NM Apartment Advisors, Inc.
$532,190
Est. payment /mo
1 Bed
1 Bath
1,856 SqFt
Pending

421 Harvard DR SE Albuquerque, NM 87106

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Apr
Fri
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $286

Subdivision Lot 14, Block 4, University Heights Addition

MLS Listing ID 1040188

Bedrooms 1

Construction Status Resale

HOA Y/N No

Year Built 1925

Annual Tax Amount $4,207

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Triplex

Property Description

Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $532,190 and current average rent of $1,255 are a GRM of 12.14, a 5.89% cap rate, $177,397 per unit, 286/sf and an after tax IRR of 13.8%. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one

Location

State NM

County Bernalillo

Area 42 - Unm South

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Tile

Fireplace No

Appliance Refrigerator

Exterior

Exterior Feature Landscaping

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

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101605702504430503

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

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agent

Anita Mora

Broker | License ID: 46134

+1(505) 400-8105

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421 Harvard DR SE