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12229 Menaul Boulevard NE

Albuquerque, NM 87112
  • $579,429
  • STATUS: Active
  • ON SITE: 141 Days
  • MLS #: 1053809
UPDATED: 86 min ago
$579,429
  • 3
    BEDS
  • 0.19
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,107
    SQFT
  • $186
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Description

Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.

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IDX information © 2024 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: 2024-04-24T00:06:23.313.
www.sandisells.com/homes/145748396
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12229 Menaul Boulevard NE Albuquerque, NM 87112

  • Price: $579,429
  • Status: Active
  • On Site: 141 Days
  • Updated: 86 min ago
  • MLS #: 1053809
3
Beds
2
Baths
0
½ Baths
0.19
Acres
3,107
SQFT
$186
$/SQFT
1977
Built
Neighborhood:
Brentwoods Hills
County:
Bernalillo
Area:
50 - Northeast Heights
Property Description
Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.
Exterior Features

Construction Materials Frame Levels One Parking Total 4 Stories Total 1

Interior Features

Appliances Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Tile Heating Central Forced Air Heating YN Yes

Property Features

Accessibility Features None Additional Parcels YN Yes Builder Name Unknown Building Area Total 3107 Green Energy Generation None Gross Income 45315 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VALoan New Construction YN No Occupant Type Owner Operating Expense 14916 Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 2969.12 Tenant Pays Other See Remarks Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected Zoning Description R- T*

Southwest MLS] logo Listing courtesy of NM Apartment Advisors, Inc.: (505) 440-8633. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 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: 2024-04-24T00:06:23.313.
 
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10400 Academy Rd NE Suite 100
Alburquerque NM, 87111