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Courtesy: NM Apartment Advisors, Inc.505-440-8633
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

200 Madison & 204 Street NE,  Albuquerque NM, 87108

(Pending)
$728,484
|
2 beds, 1 baths, 4,978 sqft
|
MLS# 978217

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Last Updated: 2/24/2021 8:02 PM
Description for 200 Madison & 204 Street NE Albuquerque, NM 87108
Located on the northeast corner of Copper and Madison at 200-4 Madison NE, the property is lined with majestic trees, lush landscaping and garages. Each unit is its own front porch and/or backyard areas giving the residences the sense of being small patio homes. The property also offers a total of 7 garages with rear alley access and most of the residences have their own private back yard.Value add opportunities include:-RUBs for water/sewer/trash-charge for garage rentals-catch the mostly month to month leases up to the rapid rent increases that this submarket experienced in 2020the start price of $728,484 and an average rent of $968 the measure of investment performance include a GRM of 11.00, a CAP rate of 5.97%, a price per unit of $121,414, a price per square foot of $1
Price
$728,484
Heights Reservoir Addn
Bernalillo
2
1
4,978 (approx)
978217
Pending
Description
Located on the northeast corner of Copper and Madison at 200-4 Madison NE, the property is lined with majestic trees, lush landscaping and garages. Each unit is its own front porch and/or backyard areas giving the residences the sense of being small patio homes. The property also offers a total of 7 garages with rear alley access and most of the residences have their own private back yard.Value add opportunities include:-RUBs for water/sewer/trash-charge for garage rentals-catch the mostly month to month leases up to the rapid rent increases that this submarket experienced in 2020the start price of $728,484 and an average rent of $968 the measure of investment performance include a GRM of 11.00, a CAP rate of 5.97%, a price per unit of $121,414, a price per square foot of $1
Listing Information
Property Type: Single Family, 1 Story
2 1
0.49 Acres PublicRecords 4,978 (approx)
1951 1 Frame
Heights Reservoir Addn
Unknown
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Neighborhood
Room Information
Interior Features
Refrigerator
Wood
Other
Other, Forced Air, Central
Exterior / Lot Features
0 Covered Parking Spaces,
Frame
MX-T*
Resale
Landscaping
Driving Directions
From I-40 and Carlisle - south to Copper, east to Madison and property. (NEC)
Financial Considerations
$3,011
Cash,FHA,VALoan
Listing Price History

Albuquerque Real Estate

Albuquerque is located in New Mexico. Albuquerque, New Mexico 87108 has a population of 565,162.

The median household income in Albuquerque, New Mexico 87108 is $27,884. The median household income for the surrounding county is $50,440 compared to the national median of $57,525. The median age of people living in Albuquerque 87108 is 37 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
No information is available for recently sold properties within this search.
Courtesy: NM Apartment Advisors, Inc.505-440-8633
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This content last refreshed on 2/24/2021 8:02 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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