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Jan DeMay & Associates

Jan DeMay & Associates
Coldwell Banker Legacy
Albuquerque, NM 87111

505-450-7635
Contact Us

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Listing 12 out of 2,080
$495,000 For Sale

415 Marquette Avenue NE
Albuquerque, NM 87102

5 units | Multi Family Home
9583 sq ft - MLS# 930365
Property Photo
1/16

Description

Owner/Broker with T&C Management and Brokerage bring to the market a one of a kind investment opportunity - One 4bed 3bath house + fourplex in historic Martineztown, just south of EDO, east of Innovation district of downtown Albuquerque. Property has a high walk score (82), transit score (57), and bike score (84). Measures of investment performance include: Actual average rents of $835 + 100% Occupied. Great opportunity for Owner to occupy house and manage Apartment units for income. Beautiful park 100 yards away, and close to all the local downtown businesses. This a rare property with a lot of charm.

DIRECTIONS: From I-25 & I-40 - South To Martin Luther King Exit, West To Edith, North To Marquette, West - Property Is Second Residence On The Right.

Features

  • Property Type: Multi Family Home
  • Sub Type: House Plus Unit(s)
  • Listing Status: Active
  • County/Area: Bernalillo County
  • Zip Code: 87102
  • Year Built: 1944
  • Age: 71 - 80
  • Subdivision/Neighborhood: Belvidere Add
  • Sq.Ft.: 4,927 sq ft
  • Stories: 2
  • Units: 5 units
  • # of Parking Spaces: 6
  • Lot Size: 9583 sq ft
  • Zoning: R-1C*
  • 5+ Units: Yes
  • Amenities: Fireplace Some Units, Laundry Community, Owners Unit, Security Gate, Tenant Storage, Walled Complex
  • Appliances included: Dishwasher, Dryer, Frestnd Elec Stv/Ovn, Frestnd Gas Stv/Ovn, Microwave, Refrigerator, Washer
  • Construction: Block, Frame
  • Cooling: Ceiling Fans(S), Evaporative, Window Units(S)
  • Exterior Material: Stucco
  • Flooring: Carpet, Laminate, Tile
  • Heating: Central Forced Air, Wall Unit
  • Income & Expenses: Annual Gross Income: 50100
  • Lot Description: 2 Lots
  • Lot SqFt: 9583.20
  • Metering: Individual Electric, Individual Gas, Other - See Remarks
  • Miscellaneous Info: No Sign
  • Operating Expenses: Call Listing Broker
  • Parking: 1.5 Spaces Per Unit, Other Parking
  • Roof: Metal, Pitched/Flat
  • SqFt Source: Professional
  • Total # of Buildings: 3
  • Unit 1: 1, 4-Bed, 3-Bath, Main House 2 Story
  • Unit 2: 3, 1-Bed, 1-Bath, Apartment
  • Unit 3: 1, 2-Bed, 1-Bath, 2 Story Apartment
  • Unit Summary: Annualized: 50100
  • Unit Summary: Average Actual Rent: 835
  • Unit Summary: Average Unit Size: 985.40
  • Unit Summary: Total Actual Rent: 4175
  • Unit Summary: Total Units: 5
  • Utilities: All City
Courtesy of T & C Management, Llc, Charles V Sheldon, (505) 268-1181



Jan DeMay & Associates | 505-293-3700 | Contact Us
10400 Academy Road NE - Albuquerque, NM 87111
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