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$1,600,000
2412 Rice Ave NW, Albuquerque, NM 87104
2 Beds
1 Baths
n/a sqft

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Location doesn't get any better than this! Just west off RIo Grande and minutes from Old Town, Nature Center, and biking paths. This property is 4 4-plexes, so it does qualify for residential 30-yr fixed loan products! 100% occupied. All 2 bedroom 1 bathroom units with individual storage closets. Updates within the last 5 years include: new lighting updated flooring (no carpet) throughout interiors, 2 new stairwells, 4 swamp coolers, new fence along eastern property line. Roofs & Stucco were redone in 2015 & 2016. Roof maintenance & cooler converstions professionally done annually.
  • Price:
  • $1,600,000
  • Bedrooms:
  • 2
  • Acreage:
  • 0.64
  • Year Built:
  • 1978
  • Listing ID #:
  • 996599
  • Street Address:
  • 2412 Rice Ave NW
  • City:
  • Albuquerque
  • State:
  • New Mexico
  • Postal Code:
  • 87104
  • County:
  • Bernalillo
  • Community:
  • 101 - Near North Valley
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Building Condition:
  • Resale
  • Construction Description:
  • Frame
  • Exterior Features:
  • Landscaping, Lighting
  • Flooring:
  • Laminate, Tile, Vinyl
  • Number Of Units:
  • 16
  • Stories:
  • 2
  • Total # Of Buildings:
  • 4
  • Year Built:
  • 1978
  • Gross Income:
  • 158400
  • Operating Expense:
  • 40182
  • Approximate Lot Size Range Source:
  • Appraiser
  • Lot Square Footage:
  • 27878
  • Zoning Description:
  • R-Ml*
  • Community Features:
  • Deck/Porch
  • Days On Market:
  • 71
  • Originating Mls:
  • Swmls
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $2,464
  • Tenant Pays:
  • Electricity
  • Parking Spaces:
  • 24
  • Appliances:
  • Free-Standing Electric Range, Refrigerator
  • Cooling System:
  • Evaporative Cooling
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Baseboard
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing provided by Keller Williams Realty
  • ALBUQ