134 Rhode Island Street SE, Albuquerque, NM

134 Rhode Island Street SE, Albuquerque, NM, USA

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Phòng ngủ

2

Toilet

1

Diện tích đất

938 m2

Location

New Mexico

Description

Seller is willing to offer financing for an owner occupant (who must move into the property) with a 5% down payment 30 year amortization, 5.75% interest rate, 7 year balloon, subject to approval of the buyers credit report, financial statement and tax returns. Seller financing for an investor is available with a 12.5% down payment.This fourplex contains two bedroom one bathroom units that are renting at $1,247. Each renovated unit has washers/dryers and the belong to the owner and convey with the property.At the current average rents of $1,247, and an ask price of $493,710 the measures of investment performance include a price per unit of $123,427, price per square foot of $157.49, a GRM of 8.25, an after reserves cap rate of 6.65%. Schedule a Private Showing

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$493,710

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Todd Clarke

$493,710
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Todd Clarke