2616 Muriel Street Ne, Albuquerque, NM 87112

$500,000
  • 2616 Muriel Street Ne, Albuquerque, NM 87112 Main Photo

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New to the Market Active
BEDS3 BATHS SQUARE FEET3,003 MLS#1103865
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Acquisition Cap Rate of 5.82% with Pro forma cap rate of 6.08%. Pro forma GRM: 8.67 with In-place rents roughly 8.5% below market. Roof was replaced in 2022. All units have Washer/Dryer hookups. This property is located in a proven Northeast Heights rental market! Seller financing is available

2616 Muriel Street Ne | MLS# 1103865

This multi-family property located at 2616 Muriel Street Ne, Albuquerque, NM 87112 is currently listed for sale with an asking price of $500,000. Search Albuquerque real estate on www.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Lot Size: 0.18 Acres
Stories: 1.0
Taxes: $3,906
Year Built: 1978

Amenities

Patio

Feature Descriptions

Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
Community Features: Patio
Flooring: Carpet, Vinyl
Laundry: Washer Hookup, Dryer Hookup, In Unit
Parcel#: 102105950741911316
Patio/Porch: Patio
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed By / Shown By

Listed By

Agency Name: NAI SunVista Commercial RE
Agency Phone: (505) 878-0001

Shown By

Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 293-3700

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Estimated Payment

$ 1,584.12 per month $1,112.78 Principal & Interest $325.50 Property Tax $145.83 Homeowner's Insurance

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Top REALTORS® in this Area

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Casey Landis From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable, trustworthy, and committed realtor.— Gregory Howell

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