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    1009 Dickerson Drive SE

    Albuquerque, NM 87106
    • $412,500
    • STATUS: Active
    • ON SITE: 46 days
    • MLS #: 991503
    UPDATED: 68 min ago
    $412,500
    • 1
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,917
      SQFT
    • $141
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    Description

    Extremely rare opportunity to own a well maintained four plex in this centrally located Southeast Neighborhood. The last reported sale in MLS of a unit on this street was in 2020! These do not come on the market often. The property has two one bedroom, one bath units, and two two bedroom, one bath units. The units feature a mix of vinyl and carpet flooring. Each unit has a courtyard and storage unit. The greatly improvable rents and current expenses result in a CAP rate of 4.3 at current asking price. Improving rents to current market rates results in a CAP rate of 5.3 at asking price. 100% Occupied. Offer subject to walk through and inspections. Please honor the tenants privacy and do not walk the property or contact the occupants in any manner. No showings without accepted offer.

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    IDX information © 2021 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2021-06-24T19:04:51.23.
    www.sandisells.com/homes/116926671
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    1009 Dickerson Drive SE Albuquerque, NM 87106

    • Price: $412,500
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 991503
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    2,917
    SQFT
    $141
    $/SQFT
    1978
    Built
    Neighborhood:
    42 - UNM South
    County:
    Bernalillo
    Area:
    42 - UNM South
    Property Description
    Extremely rare opportunity to own a well maintained four plex in this centrally located Southeast Neighborhood. The last reported sale in MLS of a unit on this street was in 2020! These do not come on the market often. The property has two one bedroom, one bath units, and two two bedroom, one bath units. The units feature a mix of vinyl and carpet flooring. Each unit has a courtyard and storage unit. The greatly improvable rents and current expenses result in a CAP rate of 4.3 at current asking price. Improving rents to current market rates results in a CAP rate of 5.3 at asking price. 100% Occupied. Offer subject to walk through and inspections. Please honor the tenants privacy and do not walk the property or contact the occupants in any manner. No showings without accepted offer.
    Exterior Features

    Construction Materials Frame Levels One Parking Total 6

    Interior Features

    Appliances DishwasherFree-Standing Electric RangeRefrigeratorRange Hood Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring CarpetVinyl Heating CentralForced Air Heating YN Yes

    Property Features

    Builder Name Unknown Building Area Total 2917 Community Features Storage Facilities Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 26820 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 5593 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 2655 Tenant Pays ElectricityGas Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-Ml*

    Listing courtesy of Abq Properties Llc. © 2021 Southwest Multiple Listing Service, Inc.


    IDX information © 2021 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2021-06-24T19:04:51.23.
     
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    Sandi Pressley Team | Coldwell Banker Legacy
    10400 Academy Rd NE Suite 100
    Alburquerque NM, 87111