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421 Harvard Drive SE Albuquerque, NM $ 556,936
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$ 556,936 Get more info
421 Harvard Drive SE
$ 556,936
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421 Harvard Drive SE

Albuquerque, NM, 87106
$ 556,936
Bedrooms1 Baths1.0 Sq 1,856

Monthly Estimate*

$ 3,702

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Multi-Family Home for sale in Albuquerque, NM

for $556,936 with 1 bedroom and 1 full bath. This 1,856 square foot home was built in 1925 on a lot size of 0.16.

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.

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Multi-Family Pending

Price

$ 556,936

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 4,207

Style

Triplex

Lot Size

0.16

Year Built

1925

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1040188
Features
General
Heating Central ForcedAir
Cooling EvaporativeCooling
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Refrigerator
Exterior Features Landscaping
Construction Materials Frame Stucco
Year Built 1925
Tenant Pays Other SeeRemarks
Stories 1
Levels One
Property SubType Triplex
Gross Income 43010.0
County Bernalillo
Operating Expense 11443.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Lot 14 Block 4 University Heights Addition
Garage Y/N N
Green Energy Generation None
Status Pending
Directions From I-25 and Coal east to Harvard south to property.
City Albuquerque
Disclosures LeadBasedPaintDisclosure RANM2100Disclosure
View Y/N N
Senior Community Y/N N
Zoning Description R-T*
Total Units 3
MLS Area 42 - UNM South
Lot Size Square Feet 6969.6
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Harvard
Listing Terms Cash Conventional FHA VALoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4207.5
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour http://www.nmapartment.com/421harvard3d http://www.nmapartment.com/421harvard3d
Days on Market 232
Builder Name Unknown
Standard Status Pending
Occupancy Type Owner
Property Sub Type Additional Triplex
Legal Description Lot 14 Block 4 University Heights Addition
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Interior
Flooring Tile
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Total Bedrooms 1
Electric On Property Y/N N
Total Baths 1
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Exterior
Number of Buildings 1
Spa N
Building Area Total 1856.0
Lot Size Acres 0.16
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Todd Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Email

Affordability Calculator

$4,052
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,702
Monthly Property Taxes
$351
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/22/2023$556,936 Listed Price

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421 Harvard Drive SE, Albuquerque, NM, 87106 is a Multi-Family Home for sale at $556,936 with 1,856 sqft and a lot size of 0.16. 421 Harvard Drive SE has 1 bedrooms, 1.0 baths, and was built in 1925. The property's zip code is 87106 which is in Albuquerque, NM

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