222 Princeton Drive SE Albuquerque, NM $ 525,000
222 Princeton Drive SE
$ 525,000
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222 Princeton Drive SE

Albuquerque, NM, 87106
$ 525,000
Bedrooms1 Baths1.0

Monthly Estimate*

$ 3,667

222 Princeton Drive SE, Albuquerque, NM 87106 - Image 1
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Multi-Family Home for sale in Albuquerque, NM

for $525,000 with 1 bedroom and 1 full bath. This home was built in 1936 on a lot size of 0.16.

Well-maintained, four-plex investment property situated two blocks from UNM. Upgraded plumbing and electrical. New fencing. Re-roofed last year with a transferable warranty. Nicely landscaped front and rear with off street parking. Unit 1 is a one bedroom with a large living room and original built-in shelves. The full sized kitchen has many cabinets and shelving. Rear atrium is for the refrigerator and 3/4 bath. Unit 2 has two rooms with a full bath and kitchen with a walk-in pantry. Freshly refinished wood flooring throughout. Units 1 and 2 each have a fireplace. Units 3 and 4 are smaller one bedrooms with 3/4 baths. Units 1, 2, and 3 share a centrally located courtyard. Unit 4 has a large fenced-in private courtyard. Property has consistently been rented the last 15 years of ownership

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Multi-Family Active

Price

$ 525,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,428

Style

Quadruplex

Lot Size

0.16

Year Built

1936

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1060975

Features
General
Heating Electric WallFurnace
Cooling EvaporativeCooling
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances FreeStandingGasRange Refrigerator
Exterior Features Lighting
Construction Materials Block Frame
Year Built 1936
Tenant Pays Electricity Gas
Stories 1
Levels One
Property SubType Quadruplex
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 Central go South on Princeton. Property is on the Eastside of the Princeton.
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 Princeton
Listing Terms Cash Conventional VALoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3428.56
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
Days on Market 6
Builder Name Unknown
Standard Status Active
Year Built Source Other
Property Sub Type Additional Quadruplex
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Interior
Flooring Laminate Tile Wood
Fireplace Features Option
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Total Bedrooms 1
Electric On Property Y/N N
Total Baths 1
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Exterior
Total Parking 5.0
Number of Buildings 3
Spa N
Lot Size Acres 0.16
Lot Size Source Survey
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
Rhonda Protzen

Listing Agent

Realty One Of New Mexico

Broker

rhondaprotzen@gmail.com

Email

Affordability Calculator

$3,953
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,667
Monthly Property Taxes
$286
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
4/18/2024$525,000 Listed Price

Map


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222 Princeton Drive SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $525,000 with a lot size of 0.16. 222 Princeton 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