134 RHODE ISLAND ST SE
ALBUQUERQUE, NM 87108
$493,710
2 Beds
1 Baths
3,126 Sq Ft
Status Pending
MLS# 1056948
Seller is willing to offer financing for an owner occupant (who must move into the property) with a 5% down payment 30 year amortization, 5.75% interest rate, 7 year balloon, subject to approval of the buyers credit report, financial statement and tax returns. Seller financing for an investor is available with a 12.5% down payment.This fourplex contains two bedroom one bathroom units that are renting at $1,247. Each renovated unit has washers/dryers and the belong to the owner and convey with the property.At the current average rents of $1,247, and an ask price of $493,710 the measures of investment performance include a price per unit of $123,427, price per square foot of $157.49, a GRM of 8.25, an after reserves cap rate of 6.65%.
Details for 134 RHODE ISLAND ST SE
$158 / Sq Ft
0 parking spaces
No Info