3410 Crest Avenue SE
Albuquerque, NM 87106
- 1 bed
- 1 bath
- 1,875 sqft
- 7,405 sqft lot
- $186 per sqft
- 1951 build
- – on site
More homes
9% capitalization rate and $42k+ annual gross income. This cash-flowing 4-unit building is comprised of four 1-bedroom, 1-bathroom apartments each with an enclosed backyard. One unit was vacated on 11/23 and is in the process of being rented, but this unit can be left vacant for an owner-occupant if you act fast. Amenities and recent improvements include: new TPO roof installed in 2023, fresh exterior paint, newer evaporative coolers, updated bathrooms and kitchens. This multifamily investment opportunity is in the University area near Kirtland Air Force Base, Sandia National Laboratories, the upcoming MaxQ mixed-use development at Kirtland, the regional VA Medical Center, the Puerta del Sol Golf Course, and the city's extensive transit system. The property is professionally managed.
Last checked:
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Last updated Mar 12, 2025
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MLS# 1044769 —
The Building
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Year Built:1951
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Builder Name:Unknown
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New Construction:false
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Construction Materials:Frame,Stucco
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Stories:1
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Levels:One
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Basement:false
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Building Area Total:1875.0
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Building Area Source:Plans
Interior
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Flooring:Tile
Room Dimensions
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Living Area:1875.0
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Living Area Source:Plans
Location
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Directions:From Gibson go north on Carlisle. Turn left on Crest Ave to property on the left.
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Latitude:35.059029
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Longitude:-106.607759
The Property
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Parcel Number:101605642602440217
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:Resale
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Zoning Description:R-MH*
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Lot Size Acres:0.17
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Lot Dimensions Source:PublicRecords
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Lot Size SqFt:7405.2
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Lot Size Source:PublicRecords
Listing Agent
- Contact info:
- Agent phone:
- (505) 897-1100
- Office phone:
- (505) 897-1100
Taxes
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Tax Annual Amount:2222.38
Beds
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Bedrooms Total:1
Baths
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Total Baths:1
Heating & Cooling
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Heating:WallFurnace
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Heating:true
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Cooling:EvaporativeCooling
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Cooling:true
Utilities
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Utilities:CableAvailable,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerConnected,WaterConnected
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Green Energy Generation:None
Appliances
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Appliances:FreeStandingElectricRange,Refrigerator
Parking
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Parking Total:4.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/5/24
Jan 5, 2024
|
Sold | SWMLS | $349,000 |