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Martha Greenleaf

Martha Greenleaf, CRS, REALTOR®
Keller Williams Realty

6703 Academy Rd NE
Albuquerque, NM 87109 505-271-8200 

DIRECT: 505-301-1191
Contact Me

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Listing 23 out of 1,580
$585,505 For Sale

317 15th Street NW
Albuquerque, NM 87104

4 units | Multi Family Home
6970 sq ft - MLS# 895797
Property Photo
1/42

Description

High end fourplex and downtown millennial dream - Renovated top to bottom - owner has made amazing changes to the property that must be seen to appreciate. New kitchens, new bathrooms, new flooring, new HVAC, new tankless water heaters, new finishes, private courtyard, stackable washer/dyers and a walk score of 83, transit score of 48, and bike score of 89!Recent changes in price reflect increases in income and overall market values, and vocational rental potential.Measures of investment performance include: 11.66 GRM, 5.25% Cap rate, before tax IRR of 14.20%, after tax IRR of 11.10%

DIRECTIONS: From I-40 And 6th Street, South On Sixth Street To Lomas, West To 15th Street, South To Property.

Features

  • Property Type: Multi Family Home
  • Sub Type: Four Plex
  • Listing Status: Active
  • County/Area: Bernalillo County
  • Zip Code: 87104
  • Year Built: 1965
  • Age: 51 - 60
  • Subdivision/Neighborhood: Perea Add
  • Sq.Ft.: 3,099 sq ft
  • Stories: 1
  • Units: 4 units
  • Lot Size: 6970 sq ft
  • Zoning: SU-2
  • Amenities: Wshr/Dryr Hu In Unit
  • Appliances included: Refrigerator
  • Construction: Block, Frame
  • Cooling: Evaporative
  • Exterior Material: Stucco
  • Flooring: Vinyl
  • Heating: Central Forced Air
  • Lot SqFt: 6969.60
  • SqFt Source: Per Appraisal
  • Total # of Buildings: 1
  • Unit 1: 3, 2-Bed, 1-Bath, Renovated
  • Unit 2: 1, 2-Bed, 1-Bath, Renovated
  • Unit Summary: Annualized: 46800
  • Unit Summary: Average Actual Rent: 975
  • Unit Summary: Average Unit Size: 775
  • Unit Summary: Total Actual Rent: 3900
  • Unit Summary: Total Units: 4
  • Utilities: All City
Courtesy of Nm Apartment Advisors, Inc., Todd D Clarke, (505) 440-8633



Martha Greenleaf | 505-301-1191 | Contact Me
6703 Academy NE - Albuquerque, NM 87109, (505)-271-8200
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