316 PRINCETON DR SE Active Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87106
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1081016
Bedrooms 1
Construction Status Resale
HOA Y/N No
Year Built 1977
Annual Tax Amount $2,982
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Public Records
Property Sub-Type Multi Family
Property Description
Great Investment Opportunity in the heart of the University Area! Owner asking less than $96k/Unit!!! This complex offers 12 units located in a single 2 story building with underneath drive-in shaded parking. 6 (1 bedroom floor plans) & 6 (studio floor plans) each with patio space. Each unit has been updated with tile flooring or laminate, mini-split units, newer roof installed in 2022 and covered parking with 18 spaces. All current rents are below market rents and present an investor with tremendous upside potential. An excellent Value Add property in a coveted investor's location! INDIVIDUAL UNITS NOT FOR SALE.
Location
State NM
County Bernalillo
Area 42 - Unm South
Interior
Heating Ductless
Cooling Ductless, Refrigerated
Flooring Laminate, Tile, Vinyl
Fireplace No
Appliance Free-Standing Electric Range,Refrigerator
Exterior
Exterior Feature Lighting
Community Features Deck/ Porch
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story 2
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Construction Status Resale
Others
Tax ID 101605719412431721
Acceptable Financing Cash,Conventional,Other,See Remarks
Green/Energy Cert None
Listing Terms Cash,Conventional,Other,See Remarks