$403,000 2424 Broadway Boulevard Ne Albuquerque, NM

MLS: 876874   Type: Multi-Family   County: Bernalillo   City: Albuquerque   Area: Near North Valley   Neighborhood: N2 Xpor   Zip: 87102   Style: House Plus Unit(s)     Stories: 1   Taxes: $1,462

Mortgage $1,892 /mo



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Truly a property that invests in your financial future. 6 rental units located within four separate buildings, plus rental storage yard/garage. Located on a very busy intersection at Menaul/Broadway, right off I-25. Zoned for residential & commercial use. Primary rental is a charming 2 BR, 1 BA with hardwood floors, fireplace, & full basement. Home leased for $1,200/mo. Other 5 rental units are situated behind the house. Gated storage yard rents for $230/mo. Total rents are around $4,000/mo. The traffic count is quite high during the day, & a 4 way traffic stop slows traffic down to see & access the property. This corner would be a great location for a Starbucks, or high rise apartment. Just hold on and watch the value increase. Owner is moving to Portland to be with family.

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Price History

10/4/2016 Listed $499,000
11/20/2017 8% - $460,000
4/17/2018 7% - $429,000
5/5/2018 7% - $403,000

Amenities Owners Unit
Builder Unknown
Construction Adobe, Brick, Masonry
Finance Considered Cash, Conventional
Miscellaneous Info No Sign
Number of Units 6.00
Rental Info Call Listing Broker
Stories 1.0
Subdivision N2 Xpor
Tenant Pays Electric, Gas
Zoning MX-M*

Interior Features

5+ Units Yes
Appliances Included Blt-In Gas Stve/Oven, Refrigerator
Basement Yes
Basement Finished No
Basement Heated No
Cooling Evaporative
Flooring Carpet, Tile, Vinyl
Heating Gas, Wall Unit
Utilities All City

Exterior Features

Disability Access No
Exterior Material Stucco
Metering Individual Electric, Individual Gas
Number of Parking Spaces 12.00
Parking 2+Spaces Per Unit, Unpaved
Roof Flat, Pitched/Flat, Positive Pitched, Tar Gravel

Property Schools

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Property vs Zip Code Avg (87102)

Price 403K Avg 387K

Taxes $1,462 Avg $2,770

Acres 0.46 Avg 0.18

Visits 152 Avg 77

Days on Site 628 Avg 284

Walkscore® 27 Avg 71

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Listing Provided Courtesy Of: Realty Consultants

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Location & Address

Paul and Judy Wilson
6565 Americas Parkway NE, Suite 200
Albuquerque, NM