421 Harvard Drive Se, Albuquerque

$556,936

1 Beds
1 Baths
1,856 Sqft
.16 Acres
0 Garages

Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $556,936 and current average rent of $1,232 are a GRM of 12.95, a 5.67% cap rate, $183,645 per unit, $300/sf. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one.

Essential Information
MLS® #1040188
Price$556,936
Bedrooms1
Bathrooms1.00
Square Footage1,856
Acres0.16
Year Built1925
TypeResidential Income
Sub-TypeTriplex
StatusActive
Community Information
Address421 Harvard Drive Se
Area42 - UNM South
CityAlbuquerque
CountyBernalillo
StateNM
Zip Code87106
Subdivision

Lot 14, Block 4, University Heights Addition

Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior
InteriorTile
AppliancesRefrigerator
HeatingCentral, Forced Air
CoolingEvaporative Cooling
# of Stories1
StoriesOne
Exterior
Exterior FeaturesLandscaping
ConstructionFrame
Additional Information
Date ListedAugust 22nd, 2023
Days on Market222
Listing Details
OfficeNM Apartment Advisors, Inc.
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Greater Albuquerque Association of Realtors Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on May 19th, 2024 at 8:45am MDT.