Rachael Flance - Coldwell Banker Legacy

IQWeb_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.

IQWeb_Details

IQWeb_MLS876874
IQWeb_SubtypeResale
IQWeb_StatusActive
IQWeb_Year1935
IQWeb_Days_on_Site680

IQWeb_Features

IQWeb_Units6
IQWeb_Buildings4

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IQWeb_Area_Information

IQWeb_StateNM
IQWeb_CountyBernalillo
IQWeb_CityAlbuquerque
IQWeb_Zip_Code87102
IQWeb_Area101 - Near North Valley
Listing VS Median (in 87102)
Price:
$403,000
low | high
Med:
$220,000
95.409429280397% of Average
On Site:
680
low | high
Med:
40.5
100% of Average
IQWeb_Listing_Updated: 08/14/2018
MLS Number: 876874
IQWeb_Listing_Provided_By:
Timothy Sander  IQWeb_of  Realty Consultants