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$310,000
1604 Walter St SE, Albuquerque, NM 87102
4 Beds
2 Baths
2,200 sqft

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This money making 2200 sq ft Duplex is a rare gem in the up and coming, but still affordable South Broadway area. Live in one side and let the other side pay your Mortgage. At $141 a square foot, it is priced under the average $174 for the area. Each side has 4 bedrooms and 1.5 baths, a large living area and kitchen with washer and dryer hook ups. The roof was replaced March 2021. Gas and electric are separate meters, water is not. Rents are not at market and are month to month. At market, the ROI/COCR is 9.25% and GRM is 10.5. Seller is moving out of state and liquidating. Tenants in place. Do not disturb. All Showings must have at least a 24 hour notice.
  • Price:
  • $310,000
  • Bedrooms:
  • 4
  • Square Footage:
  • 2,200
  • Acreage:
  • 0.16
  • Year Built:
  • 1979
  • Listing ID #:
  • 1004545
  • Street Address:
  • 1604 Walter St SE
  • City:
  • Albuquerque
  • State:
  • New Mexico
  • Postal Code:
  • 87102
  • County:
  • Bernalillo
  • Community:
  • 90 - Near South Valley
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Approximate Total Liveable Area:
  • 2200
  • Building Condition:
  • Resale
  • Construction Description:
  • Frame
  • Flooring:
  • Laminate, Tile
  • Interior Features:
  • Ceiling Fan(s)
  • Number Of Units:
  • 2
  • Stories:
  • 1
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 2200
  • Year Built:
  • 1979
  • Approximate Lot Size Range Source:
  • Appraiser
  • Lot Square Footage:
  • 7100
  • Zoning Description:
  • R-1a*
  • Days On Market:
  • 77
  • Originating Mls:
  • Swmls
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $2,249
  • Tenant Pays:
  • Other, See Remarks
  • Appliances:
  • Free-Standing Gas Range, Refrigerator
  • Cooling System:
  • Evaporative Cooling, Ceiling Fan(s)
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Central, Forced Air
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing provided by Casa Montoya Realty
  • ALBUQ

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