$504,852

3403 Anderson Avenue SE, Albuquerque, NM 87106

2 beds |
1 bath |
2,789 sqft

Triplex
Built in 1979
5,227sqft lot
—— car garage
$181/sqft
Listed 7 months ago

Property Description

The property is 100' from the Puerta Del Sol golf course and offers single story courtyard style units in spacious two bedroom / one bathroom configuration. Each unit is a large two bedroom, one bathroom unit.This is the first time this property has been offered for sale from the family of the architect, Allan G Elsik, Architect who was a well known local architect who poured his talent, energy and passion in this this community.The property is owned by an estate and they heir's do need to cash out.At the current average rents of $1,200, and an ask price of $504,852 the measures of investment performance include a price per unit of $168,284, price per square foot of $181.02, a GRM of 11.69, an after reserves cap rate of 6.32%.

Listing Status:: Active
Date Added:: April 8, 2025 at 05:00AM
Listing Office:: NM Apartment Advisors, Inc. : (505) 440-8633
Listing Agent:: Todd D Clarke : (505) 440-8633
MLS ID:: 1081559

Appliances: Refrigerator
Flooring: See Remarks
A/C: Evaporative Cooling
Heating: CentralForced Air
Eco/Green Feature: None

General: FrameStucco1

Originating MLS: SWMLS
County: Bernalillo

Zoning: Lot 9Blck 1Rangeles Subdivision w/50ft of Lot 10101605640121341401

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Source: SWMLS

This listing courtesy of Todd D Clarke, NM Apartment Advisors, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bandelier Elementary School

3309 Pershing Ave SE, Albuquerque, NM, 87106

Grades KG-5

0.46 miles away

Cien Aguas International

2000 Randolph Rd SE, Albuquerque, NM, 87106

Grades KG-8

1.15 miles away

Highland High School

4700 Coal Ave SE, Albuquerque, NM, 87108

Grades 9-12

1.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.