Seller Financing
Address
5431 Central Avenue NW Albuquerque, NM
Price
$ 800,000
Property Attributes
  • MLS#919044
  • TypeMulti-Family
  • CountyBERNALILLO
  • CityAlbuquerque
  • AreaLadera Heights
  • NeighborhoodLavaland Annex Sub
  • Zip87105
  • Style9 or More Units
  • Year Built1956
  • Taxes4721
  • Price$ 800,000
  • Bedrooms0
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size0.81 Acres
Listing Provided Courtesy Of:
Realty Specialists Group
Property Description

Incredible opportunity with 34 units in 6 buildings which includes 1 commercial building with a tattoo parlor as tenant (There are two addresses 5431 Central NW and 5602 Central SW that are part of this listing). There is also an additional building being used for storage and workshop. The property boasts a cap rate of 13.50%. There are 9 studios w/o stove; 16 studios with stove; 2 larger studios; 2 2BR 1BA; 4 1BR 1BA; 1 commercial space. Owner financing is possible.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/18/2018 Listed $800,000

General Features

Amenities No Landscaping
Builder Unknown
Construction Frame
Finance Considered Cash, Conventional, Owner Financing
Number of Units 34.00
Rental Info Yearly Lease
Subdivision Lavaland Annex Sub
Tenant Pays None
Zoning MX-M*

Interior Features

5+ Units Yes
Appliances Included Frestnd Gas Stv/Ovn, Refrigerator
Basement No
Cooling Evaporative, Some Units
Flooring No Carpet, Tile, Vinyl
Heating Wall Unit
Utilities All City, Electric, Natural Gas, Sewer System

Exterior Features

Disability Access Unknown
Exterior Material Stucco

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 87105

Price
AVG $330K
$800K
Taxes
AVG $2,343
$4,721
Visits
AVG 27
21
Year Built
AVG 1947
1956
Walkscore
AVG 49
70

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