468 Isleta Boulevard SW
Albuquerque, NM 87105

Description

Two lots for sale with three rentable units. Lots include 464 & 468 Isleta Blvd. Both lots are C-1. Two units are residential one is a retail building with a covered carport. All measurements are estimated. Taxes are combined for both lots. Corner lot 468 Isleta is currently a used appliance store. Larger house is 2 bedroom 1 bath and the other is a 1 bedroom, 1 bath. Appliance store has a newer roof, the two homes have newer flat roof portions. Both homes are on one gas & electric meter, appliance store has it's own gas & electric meter. Entire property is on one water meter. Entire property is on a .31 acre lot. Based on estimated operating costs, property is selling on an estimated 8% Cap Rate! Needs some TLC.

Details

MLS#917337
Sub-TypeResale
StatusActive
Year1940
Days On Site20

Features

SQ Feet1,796
Units3
Building(s)3

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87105
Area90 - Near South Valley
Listing VS Median (in 87105)
Price:
$150,000
low | high
Med:
$157,500
45% of Average
SqFt:
1,796
low | high
Med:
1,502
66.341870824053% of Average
$ / SqFt:
$84
low | high
Med:
$105
24.437444163193% of Average
On Site:
20
low | high
Med:
61
32.786885245902% of Average
Nearby Listings (Within 1/2 mile)
Price: $112K - $187K
SqFt: 1,000 - 2,000
Listing Updated: 05/20/2018
MLS Number: 917337
Listing Provided By:
Joel J Sanchez  of  Helix Real Estate Group