324 Harvard Dr Se, Albuquerque, NM 87106
- $450,000
- List Price
- $450,000
- Property Type
- Multifamily
- Lot Size
- 7,100
- Region
- UNM South
- Status
- ACTIVE
Property Description
UNM Value-Add 4-Plex Investment | Great Owner-Occupant Opportunity! 324 Harvard Dr. SE presents an attractive value-add multifamily investment opportunity in Albuquerque's highly desirable University Heights neighborhood. This 4-unit property features a unique layout consisting of a spacious 2-bedroom, 1-bathroom main house with an attached 1-bedroom casita and a freestanding duplex comprised of two additional 1-bedroom units. With current rents below market rates, the property offers approximately 28% potential rental income upside and a projected 6.31% pro forma cap rate. Additional amenities include onsite parking, exterior storage closets, and onsite laundry facilities. Conveniently located near UNM, CNM, major hospitals, and Downtown Albuquerque, this property offers an excellent opportunity for investors seeking rental income growth or owner-occupants looking to offset their housing expenses with additional rental income.
/u.realgeeks.media/kelloggagencysales/_KA_Logo_2024-01-15.png){kind=logo}
Additional Information
- County
- Bernalillo
- Subdivison
- University Hts Add
- Acres
- 0.16
- Appliances
- Dishwasher, Microwave, Gas Range, Refrigerator
- Cooling
- Evaporative Cooling
- Flooring
- Wood, Vinyl
- Heating
- Radiant
- Tenant Pays
- Electricity, Gas
- Utilities
- Electricity Available, Natural Gas Available, Sewer Connected, Water Available
- Zoning
- R-ML*
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of NAI SunVista Commercial RE.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.