$550,000 210 Sixth Street Sw Albuquerque, NM

MLS: 811560   Type: Multi-Family   County: Bernalillo   City: Albuquerque   Area: Downtown Area   Neighborhood: New Mexico Town Companys   Zip: 87102   Style: 8 Units     Stories: 2   Taxes: $4,418

Mortgage $2,582 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

0

6

0

6,513

3,485

1920

Don't miss out on the improving apartment investment marketplace. In this size range (5 to 19 units), 2014 experienced twice the transaction volume of 2013, but its still 1/4 of the number of sales that occurred in 2005. (email agent if you want a copy of the full report) Occupancy, rents and values continue to be on the rise leaving money to be made for your investor.These well located eight mixed use units have a walk score 98, a bike score of 92 and a transit score of 57 (60 is the best in ABQ). Centrally located downtown near hundreds of new jobs, and within a one mile radius of hundreds of restaurants, this property is well located for to appeal to the millennial resident.Offered at its 2015 MAI appraisal of $550,000, this investment offers an 8.1% Cap rate, 11.3% cash o

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Price History

6/23/2015 Listed $550,000

# of Units 8.00
Amenities Some Landscaping, Tenant Storage
Builder UNK
Construction Brick, Frame
Finance Considered Cash, Conventional
Rental Info Call Listing Broker
Stories 0.0
Subdivision New Mexico Town Companys
Tenant Pays Sewer, Some Utilities, Trash Removal, Water
Utilities All City
Zoning SU-3

Interior Features

5+ Units Yes
Appliances Included Refrigerator
Basement No
Cooling 2+Units
Flooring Wood
Heating 2+ Units

Exterior Features

Disability Access Unknown
Exterior Material Stucco
Roof Pitched

Property Schools



Direct Link:

http://abq.exprealty.com/property/101-811560-210-Sixth-Street-Sw-Albuquerque-NM-87102

Gallery (26 photos)

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Property vs Zip Code Avg (87102)

Price 550K Avg 392K

Sqr Feet 6,513 Avg 2,980

Cost / Sqr Ft $84 Avg $132

Taxes $4,418 Avg $2,720

Acres 0.08 Avg 0.18

Visits 130 Avg 32

Days on Site 1,230 Avg 290

Walkscore® 92 Avg 71

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Listing Provided Courtesy Of: NM Apartment Advisors, Inc.




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Location & Address

eXp Realty New Mexico
6565 Americas Parkway NE, Suite 200
Albuquerque, NM
505-322-6694