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134 Rhode Island Street SE Albuquerque, NM $ 493,710
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$ 493,710 Get more info
134 Rhode Island Street SE
$ 493,710
Back to search
Share Save

134 Rhode Island Street SE

Albuquerque, NM, 87108
$ 493,710
Bedrooms2 Baths1.0 Sq 3,126

Monthly Estimate*

$ 3,449

134 Rhode Island Street SE, Albuquerque, NM 87108 - Image 1
134 Rhode Island Street SE, Albuquerque, NM 87108 - Image 2
134 Rhode Island Street SE, Albuquerque, NM 87108 - Image 3
134 Rhode Island Street SE, Albuquerque, NM 87108 - Image 4
134 Rhode Island Street SE, Albuquerque, NM 87108 - Image 5
134 Rhode Island Street SE, Albuquerque, NM 87108 - Image 6

Multi-Family Home for sale in Albuquerque, NM

for $493,710 with 2 bedrooms and 1 full bath. This 3,126 square foot home was built in 1980 on a lot size of 0.16.

Seller is willing to offer financing for an owner occupant (who must move into the property) with a 5% down payment 30 year amortization, 5.75% interest rate, 7 year balloon, subject to approval of the buyers credit report, financial statement and tax returns.This fourplex contains two bedroom one bathroom units that are renting at $1,247. Each renovated unit has washers/dryers and the belong to the owner and convey with the property.At the current average rents of $1,247, and an ask price of $493,710 the measures of investment performance include a price per unit of $123,427, price per square foot of $157.49, a GRM of 8.25, an after reserves cap rate of 6.65%.

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Multi-Family Active

Price

$ 493,710

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,836

Style

Quadruplex

Lot Size

0.16

Year Built

1980

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1056948
Features
General
Heating Central ForcedAir
Cooling EvaporativeCooling
Utilities CableConnected ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Refrigerator
Construction Materials Frame
Year Built 1980
Tenant Pays Other SeeRemarks
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 59275.0
County Bernalillo
Operating Expense 26429.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Unity Addition
Garage Y/N N
Green Energy Generation None
Status Active
Directions From I-40 and Louisiana south to Central Blvd/Route 66 east to Rhode Island south to property.
City Albuquerque
Buyer Agent Compensation 3.0%
Disclosures RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description MX-L*
Total Units 4
MLS Area 71 - Southeast Heights
Lot Size Square Feet 6969.6
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Rhode Island
Listing Terms Cash FHA OwnerMayCarry VALoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2836.64
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 6
Builder Name Unknown
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description Lot 7 Block 2 Unity Addition
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Interior
Flooring Carpet Tile Vinyl
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Total Bedrooms 2
Electric On Property Y/N N
Total Baths 1
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Exterior
Number of Buildings 1
Spa N
Building Area Total 3126.0
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
Todd Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Email

Affordability Calculator

$3,685
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,449
Monthly Property Taxes
$236
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!
Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/9/2024$493,710 Listed Price

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134 Rhode Island Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $493,710 with 3,126 sqft and a lot size of 0.16. 134 Rhode Island Street SE has 2 bedrooms, 1.0 baths, and was built in 1980. The property's zip code is 87108 which is in Albuquerque, NM

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