2424 Broadway Boulevard NE
Albuquerque, NM 87102

Description

Truly a property that invests in your financial future. 6 rental units located within four separate buildings, plus rental storage yard/garage. Located on a very busy intersection at Menaul/Broadway, right off I-25. Zoned for residential & commercial use. Primary rental is a charming 2 BR, 1 BA with hardwood floors, fireplace, & full basement. Home leased for $1,200/mo. Other 5 rental units are situated behind the house. Gated storage yard rents for $230/mo. Total rents are around $4,000/mo. The traffic count is quite high during the day, & a 4 way traffic stop slows traffic down to see & access the property. This corner would be a great location for a Starbucks, or high rise apartment. Just hold on and watch the value increase. Owner is moving to Portland to be with family.

Details

MLS#876874
Sub-TypeResale
StatusActive
Year1935
Days On Site594

Features

Units6
Building(s)4

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87102
Area101 - Near North Valley
Listing VS Median (in 87102)
Price:
$403,000
low | high
Med:
$229,000
93.17617866005% of Average
On Site:
594
low | high
Med:
141
100% of Average
Nearby Listings (Within 1/10 mile)
Price: $302K - $503K
SqFt: 0 - 0
Listing Updated: 05/20/2018
MLS Number: 876874
Listing Provided By:
Timothy Sander  of  Realty Consultants