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NM
Bernalillo
Albuquerque
Lot 5, Block 2, Unity Addition
87108
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NM
Bernalillo
Albuquerque
Lot 5, Block 2, Unity Addition
87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
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$346,509

126 Rhode Island Street SE, Albuquerque, NM, 87108

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126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
Unsave
Save
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108
126 Rhode Island Street SE, Albuquerque, NM, 87108

Information

Price: $346,509
Days On Market: 253
Year Build: 1980
Square Footage: 3,000 Sq ft
Bedrooms: 2

Details

Address: 126 Rhode Island Street SE
County: Bernalillo
City: Albuquerque
Neighborhood: Lot 5, Block 2, Unity Addition
Zip: 87108
State: New Mexico

Taxes

Tax Amount: $1,951

Description

By one fourplex, or two - we can also include 130 Rhode Island SE & 126 Rhode Island SE at the average rents of $811 and at the ask price of $346,509 the measures of investment performance include a GRM of 8.90, a before reserves cap rate of 6.39% and an after tax IRR of 13.30%. If rents are raised to the market of $925, the measures of investment performance improve to a cap rate of 7.13%, and cash on cash of 5.91%The fourplexes can be bought individually or together as they sit on their own individual lots. Each property has had recent renovations including new roof

Location

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Updated: 25th September, 2023 10:43 PM (UTC)
Listing Office: NM Apartment Advisors, Inc.