2929 Monte Vista Boulevard NE Albuquerque, NM 87106

197731049 35.081715 -106.61267 2420 /listing/197731049-150107055/2929-monte-vista-boulevard-ne-albuquerque-nm-87106 False 0 1631824.0 5420 105 909945 False
  • $1,631,824
  • 5,420 sqft
  • 3,049 lot
  • Est payment $8759.98/mo

Property & Neighborhood Info

Courtesy Of NM Apartment Advisors, Inc.

Multi-Family in Albuquerque

Amazing building - like new construction - renovated ground up in 2010. You have hit the Trifecta for walk (90), bike (96) and transit (50) scores, scoring in the top 10% for each. Across the street from UNM and just south of the nob-hill gateway and Route 66.Seven (7) units total - two (2) retail spaces on ground floor, plus five (5) furnished apartments that can be live/work or vacation rental (property has 5 year history of master leased to vacation rental operator).3rd floor penthouse apartment has views 360 of the city and seating for 50!Mixed use property is exactly what the millennial generation is looking for.Measure of investment performance at list price of $1,631,824 include, price per unit of $233,118, $/sf of $301.07, GRM of 11.65, Cap Rate before reserves of 5

Courtesy Of NM Apartment Advisors, Inc.
  1. 5,420 Sq. Ft.
  2. 3,049 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1950
  • Floors: 3.0
  • County: Bernalillo
  • Taxes: $2,839.34
  • Units: 7
  • Subdivision: Monte Vista Add
  • MLS Number:909945

Additional Features

  • Cooling:
    • Refrigerated
  • Flooring:
    • See Remarks
  • Appliances:
    • Refrigerator
  • Builder Name:
    • Unknown
  • Construction:
    • BLOCK
  • Property Subtype:
    • 7 Units
  • Stories:
    • 3
  • Basement:
    • No
  • Exterior:
    • None
  • Land Size Source:
    • On-Line
  • Heating:
    • Gas
  • Utilities:
    • All City
  • Amenities:
    • Balconies/Deck
    • No Landscaping
    • Owners Unit
  • Handicap Access:
    • Unknown
  • Zoning:
    • MX-M*
  • Bank Owned:
    • No
  • Financing:
    • Cash
    • Conventional
  • Legal Description:
    • 3 12 MONTE VISTA ADD E PORT L 3 BEING 45.85FT OF 50
  • Owner Pays:
    • Other - See Remarks
  • Rental Information:
    • Other - See Remarks
  • Tax Exemptions:
    • No
  • Tenant Pays:
    • Other - See Remarks
  • No. of Buildings:
    • 1
  • Total Acres:
    • 0.07
  • Unit 1 Apx Sq Ft:
    • 1600
  • Unit 1 Bedrooms:
    • 0
  • Unit 1 Rent:
    • 3000
  • Unit 1 Total Baths:
    • 1.00
  • Unit 1 Total Units:
    • 1
  • Unit 2 Apx Sq Ft:
    • 800
  • Unit 2 Bedrooms:
    • 0
  • Unit 2 Rent:
    • 2000
  • Unit 2 Total Baths:
    • 1.00
  • Unit 2 Total Units:
    • 1
  • Unit 3 Apx Sq Ft:
    • 480
  • Unit 3 Bedrooms:
    • 0
  • Unit 3 Rent:
    • 950
  • Unit 3 Total Baths:
    • 1.00
  • Unit 3 Total Units:
    • 1
  • Unit 4 Apx Sq Ft:
    • 560
  • Unit 4 Bedrooms:
    • 0
  • Unit 4 Rent:
    • 1225
  • Unit 4 Total Baths:
    • 1.00
  • Unit 4 Total Units:
    • 2
  • Unit 5 Apx Sq Ft:
    • 520
  • Unit 5 Bedrooms:
    • 0
  • Unit 5 Rent:
    • 1100
  • Unit 5 Total Baths:
    • 1.00
  • Unit 5 Total Units:
    • 1
  • Unit 6 Apx Sq Ft:
    • 900
  • Unit 6 Bedrooms:
    • 1
  • Unit 6 Rent:
    • 2175
  • Unit 6 Total Baths:
    • 1.00
  • Unit 6 Total Units:
    • 1
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Gerald Chavez Realty, Inc.
Gerald Chavez Realty, Inc.
(505) 865-4671

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