3208 Wellesley Court NE, Albuquerque NM, 87107
(Active)
$485,000
|
2 beds, 1 baths, 2,430 sqft
|
MLS# 1056741
Last Updated: 5/1/2024 4:22 AM
Description for
3208 Wellesley Court NE
Albuquerque, NM 87107
Renovated, solid four-plex with rents improved to market rates. Three new one-year leases and one month-to-month that could be improved as well. New roof, flooring, paint, appliances, and ductless mini-splits. Primary measure of investment is a 5.4% CAP rate at asking price. Record low inventory plus convenient central city location equals low vacancy.
Price
$485,000
Bernalillo
2
1
2,430 (approx)
1056741
Active
Description
Renovated, solid four-plex with rents improved to market rates. Three new one-year leases and one month-to-month that could be improved as well. New roof, flooring, paint, appliances, and ductless mini-splits. Primary measure of investment is a 5.4% CAP rate at asking price. Record low inventory plus convenient central city location equals low vacancy.
Listing Information
| Property Type: Fourplex, Multi-Family, 1 Story | ||
| 2 | 1 | |
| 0.22 Acres | 2,430 (approx) | 1973 |
| 1 | Frame | |
Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Neighborhood
Room Information
Interior Features
Dishwasher, Free-Standing Gas Range, Refrigerator
Vinyl
Ductless
Other
Exterior / Lot Features
Frame
R-MH*
Lighting
Driving Directions
From Carlisle between Candelaria and Comanche, West on Aztec. South on Wellesley Ct. to end of cul-de-sac. Property is back left corner.
Financial Considerations
| 101606044908740307 |
| $3,004 |
Cash, Conventional
Listing Price History
Albuquerque Real Estate
Albuquerque is located in New Mexico. Albuquerque, New Mexico 87107 has a population of 572,777.
The median household income in Albuquerque, New Mexico 87107 is $52,832. The median household income for the surrounding county is $56,090 compared to the national median of $66,222. The median age of people living in Albuquerque 87107 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 2/6/2024 | Active | $485,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $3,109 USD | 3.50% | $72,745 USD | 3.00% |
| 2022 | $3,004 USD | -0.53% | $70,626 USD | -0.98% |
| 2021 | $3,020 USD | 28.79% | $71,326 USD | 30.47% |
| 2020 | $2,345 USD | 3.03% | $54,667 USD | - |
| 2019 | $2,276 USD | 3.69% | $54,667 USD | 3.00% |