316 PRINCETON DR SE Active

Albuquerque,NM 87106

$ 1150000

1 Bed

1 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1081016

Bedrooms 1

Construction Status Resale

HOA Y/N No

Year Built 1977

Annual Tax Amount $2,982

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

Great Investment Opportunity in the heart of the University Area! Owner asking less than $96k/Unit!!! This complex offers 12 units located in a single 2 story building with underneath drive-in shaded parking. 6 (1 bedroom floor plans) & 6 (studio floor plans) each with patio space. Each unit has been updated with tile flooring or laminate, mini-split units. Newer roof installed in 2023, 18 covered parking spaces. All current rents are below market rents and present an investor with tremendous upside potential. An excellent Value in a coveted rental location! INDIVIDUAL UNITS NOT FOR SALE.

Location

State NM

County Bernalillo

Area 42 - Unm South

Interior

Heating Ductless

Cooling Ductless, Refrigerated

Flooring Laminate, Tile, Vinyl

Fireplace No

Appliance Free-Standing Electric Range,Refrigerator

Exterior

Exterior Feature Lighting

Community Features Deck/ Porch

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

Building

Story 2

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Construction Status Resale

Others

Tax ID 101605719412431721

Acceptable Financing Cash,Conventional,Other,See Remarks

Green/Energy Cert None

Listing Terms Cash,Conventional,Other,See Remarks

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