BEDS2
BATHS
SQUARE FEET9,100
MLS#1103496
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONIndian Rest Sub
Property Description
At 1300 SF each, all 7 apartments are nicely updated two story two bedroom / one and a half Bathroom townhome style floorplans with well-apportioned rooms, separate large utility rooms (with Washer / Dryer hook ups or washer / dryer included), and giant living areas with woodburning stoves! All kitchens are nicely updated and include dishwashers and electric ranges. All apartments are also separately metered for gas and electric and offer forced central heating. 4 of the 7 apartments have been converted to refrigerated air!Potential upside includes conversion to a condominium community with a large spread between the current price of $135,714 per unit and the average ask price for $242,500 (per SWMLS report 5/12 - 2 bedroom units with 1,200 to 1,400 sf condos without garages.)
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air
Lot Size: 0.38 Acres
Stories: 2.0
Taxes: $7,291
Year Built: 1978
Feature Descriptions
Appliances: Refrigerator
Exterior: Frame, Stucco
Flooring: Vinyl
Parcel#: 101606038517540709
Units: 7
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: NM Apartment Advisors, Inc.
Agency Phone: (505) 440-8633
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 892-1000
Estimate Your Payment
Estimated Payment
$ 2,998.95 per month $2,114.29 Principal & Interest $607.58 Property Tax $277.08 Homeowner's InsuranceChange Payment Information
Top REALTORS® in this Area
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
— Gregory Howell
Ashly Jaramillo
I had an excellent experience working with Ashly. I would recommend her to anyone that is in the process of buying a home.— Martha Edwards
— Martha Edwards
3505 Lafayette Drive Ne | MLS# 1103496
This multi-family property located at 3505 Lafayette Drive Ne, Albuquerque, NM 87107 is currently listed for sale with an asking price of $950,000. Search Albuquerque real estate on www.cblegacy.com today.