423 Princeton Drive SE
Albuquerque, NM 87106
- – beds
- 1 bath
- 2,056 sqft
- 6,969 sqft lot
- $247 per sqft
- 1940 build
- – on site
More homes
423 Princeton SE is located just 4 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 69 Walk Score, 79 Bike Score and a Transit score of 44, and is in the epi-center of the UNM/CNM campuses and close to the University area Smith's Grocery store.The property will have a unit ready for an owner occupant in the last half of May 2024.Measures of investment performance at ask price of $508,245 and current average rent of $975 are a GRM of 10.86, a 6.13% cap rate, $127,061 per unit, $247.20/sf. Ten recent closed or pending sales indicate a value closet to $510,269.The owner is including the ocean container unit, used for storage, located on the west side parking lot of the property, as part of the sale
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 16, 2025
•
MLS# 1062189 —
The Building
-
Year Built:1940
-
Builder Name:Unknown
-
New Construction:false
-
Construction Materials:Frame,Stucco
-
Stories:1
-
Stories Total:1
-
Levels:One
-
Basement:true
-
Exterior Features:Landscaping
-
Accessibility Features:None
-
Building Area Total:2056.0
Interior
-
Flooring:Carpet,Tile,Wood
Room Dimensions
-
Living Area:2056.0
Location
-
Directions:From I-25 and Coal, east to Princeton, south to property.
-
Latitude:35.073809
-
Longitude:-106.616193
The Property
-
Parcel Number:101605717303830902
-
Property Type:ResidentialIncome
-
Property Subtype:Quadruplex
-
Property Subtype Additional:Quadruplex
-
Property Condition:Resale
-
Zoning Description:R-ML*
-
Lot Size Acres:0.16
-
Lot Dimensions Source:PublicRecords
-
Lot Size SqFt:6969.6
-
Lot Size Source:PublicRecords
Listing Agent
- Contact info:
- Agent phone:
- (505) 440-8633
- Office phone:
- (505) 440-8633
Taxes
-
Tax Annual Amount:2398.62
-
Tax Legal Description:University Heights
Baths
-
Total Baths:1
Heating & Cooling
-
Heating:Central,ForcedAir
-
Heating:true
-
Cooling:EvaporativeCooling
-
Cooling:true
Utilities
-
Utilities:ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
-
Green Energy Generation:None
Appliances
-
Appliances:Refrigerator
The Community
-
Subdivision Name:University Heights
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 |
|---|---|---|---|---|
|
7/25/24
Jul 25, 2024
|
Sold | SWMLS | $508,245 |
