311 Stanford Drive SE Albuquerque, NM $ 749,900
311 Stanford Drive SE
$ 749,900
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311 Stanford Drive SE

Albuquerque, NM, 87106
$ 749,900
Bedrooms1 Baths1.0 Sq 2,265

Monthly Estimate*

$ 5,238

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Multi-Family Home for sale in Albuquerque, NM

for $749,900 with 1 bedroom and 1 full bath. This 2,265 square foot home was built in 1936 on a lot size of 0.16.

This stunning fourplex nestled in the heart of UNM area. Just a stone's throw away from the university, restaurants, and exciting shopping destinations, this property offers the ideal blend of convenience and charm. Each unit is separately metered (electric & Gas) and has been meticulously remodeled, ensuring a harmonious fusion of practicality, comfort and style. The units come in a variety of layouts, with three of them offering spacious 1-bedroom, 1-bathroom configurations, while the fourth unit is a cozy studio. Parking is never a concern with the expansive driveway that accommodates all tenants/guests comfortably. For those with entrepreneurial aspirations, the property presents a golden opportunity, with all 4 units being rented, currently generating a monthly rent of $5250.

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Multi-Family Active

Price

$ 749,900

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,195

Style

Quadruplex

Lot Size

0.16

Year Built

1936

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1056407

Features
General
Interior Features CeilingFans
Heating Ductless
Cooling Ductless Refrigerated CeilingFans
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Dryer Dishwasher FreeStandingGasRange Microwave Refrigerator RangeHood Washer
Exterior Features Landscaping Patio
Patio/Porch Features Patio
Construction Materials Frame
Year Built 1936
Tenant Pays Electricity Gas
Stories 1
Levels One
Property SubType Quadruplex
Community Features Patio
Accessibility None
County Bernalillo
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Green Energy Generation None
Status Active
Directions From University and Central go East. Turn right (South) onto Stanford Dr SE. Take Stanford to property. West Side of Street. 311 Stanford.
City Albuquerque
Buyer Agent Compensation 3%
Disclosures LeadBasedPaintDisclosure RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description R-ML*
Total Units 4
MLS Area 42 - UNM South
Lot Size Square Feet 6969.6
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Stanford
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3195.76
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=b7ELzF65KWE&mls=1 https://my.matterport.com/show/?m=b7ELzF65KWE&mls=1
Days on Market 60
Builder Name Unknown
Standard Status Active
Occupancy Description Owner
Property Sub Type Additional Quadruplex
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Interior
Flooring Tile Vinyl
Fireplace Features Option
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Laundry Features WasherHookup DryerHookup InUnit
Total Bedrooms 1
Electric On Property Y/N N
Total Baths 1
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Exterior
Number of Buildings 4
Spa N
Building Area Total 2265.0
Lot Size Acres 0.16
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Angelo Ferreira

Listing Agent

Coldwell Banker Legacy

Broker

angelo@houseforsaleabq.com

Email

Affordability Calculator

$5,505
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,238
Monthly Property Taxes
$266
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$749,900 -5.67% Price Down
2/1/2024$795,000 Listed Price

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311 Stanford Drive SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $749,900 with 2,265 sqft and a lot size of 0.16. 311 Stanford Drive SE has 1 bedrooms, 1.0 baths, and was built in 1936. The property's zip code is 87106 which is in Albuquerque, NM