217 Princeton Drive SE
Albuquerque, NM 87106
MLS #906026

Multi-family
  • 4units
$335,000
Est. P&I payment: $1279.47/mo
217 Princeton Drive SE, Albuquerque, NM 87106
  • 217 Princeton Drive SE, Albuquerque, NM 87106 Photo 1
  • 217 Princeton Drive SE, Albuquerque, NM 87106 Photo 2
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  • 217 Princeton Drive SE, Albuquerque, NM 87106 Photo 4
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  • 217 Princeton Drive SE, Albuquerque, NM 87106 Photo 7
  • 217 Princeton Drive SE, Albuquerque, NM 87106 Photo 8
  • 217 Princeton Drive SE, Albuquerque, NM 87106 Photo 9
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Description for 217 Princeton Drive SE, Albuquerque, NM 87106
Well maintained Four Plex with great rental history and room for increased rents. Located 1 1/2 blocks away from Route 66 Albuquerque Rapid Transit (ART) and UNM. Walk Score of 83, Bike Score of 99. Near UNM, Dining, Groceries, Parks, Schools and Entertainment. Hardwood and ceramic tile flooring, some new appliances, newer fixtures, common courtyards, new exterior paint and newer wood and metal fence. One other thing. Recent updates include plumbing, electrical and new roof to be installed at the end of April.219 Princeton Dr SE Triplex is also for sale.
MLS #906026
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My Notes for MLS #906026

General Features

  • Property Type: C
  • Units for Sale: 4
  • Approx Structured SqFt: 2,394
  • Total Number of Buildings: 2
  • Stories: 1
  • Property Sub-Type: Four Plex
  • 5+ Units: No
  • Age: 50+
  • Number of Units: 4
  • Lot SqFt: 6,970
  • Zoning: SU-2

Exterior Features

  • Exterior Material: Stucco
  • Parking: Assigned Parking,​Other Parking
  • Roof: Pitched,​Shingle

Interior Features

  • Basement: Basement: Yes
  • Unit Type 1: Number of Units: 1
  • Unit Type 1: Number of Bedrooms: 1
  • Unit Type 1: Number Baths: 1
  • Unit Type 1: Average SqFt: 513
  • Unit Type 2: Number of Units: 1
  • Unit Type 2: Number of Bedrooms: 1
  • Unit Type 2: Number Baths: 1
  • Unit Type 2: Average SqFt: 513
  • Unit Type 3: Number of Units: 1
  • Unit Type 3: Number of Bedrooms: 2
  • Unit Type 3: Number Baths: 1
  • Unit Type 3: Average SqFt: 684
  • Unit Type 4: Number of Units: 1
  • Unit Type 4: Number of Bedrooms: 2
  • Unit Type 4: Number Baths: 1
  • Unit Type 4: Average SqFt: 684
  • Unit Summary: Total Units: 4
  • Unit Summary: Average Unit Size: 599
  • Unit Summary: Average Actual Rent: 688
  • Unit Summary: Annualized: 33,000
  • Flooring: Concrete,​Tile,​Wood

Utility Features

  • Amenities: Atrium/Sunroom,​Enclosed Yard,​Outside Lights,​Security Gate,​Some Landscaping,​Tenant Storage
  • Appliances included: Frestnd Gas Stv/Ovn,​Refrigerator
  • Cooling: Evaporative
  • Heating: Floor Furnace,​Gas
  • Utilities: All City

Financial Features

  • Approximate Taxes: 2,979
  • List Price/SqFt: 140
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 550
  • Unit Type 1: Max Rent: 650
  • Unit Type 1: Market Rent: 650
  • Unit Type 2: Average Actual Rent: 600
  • Unit Type 2: Max Rent: 700
  • Unit Type 2: Market Rent: 700
  • Unit Type 3: Average Actual Rent: 750
  • Unit Type 3: Max Rent: 900
  • Unit Type 3: Market Rent: 900
  • Unit Type 4: Average Actual Rent: 850
  • Unit Type 4: Max Rent: 900
  • Unit Type 4: Market Rent: 900
  • Unit Summary: Total Actual Rent: 2,750
  • Finance Considered: Cash,​Conventional,​VA
  • Owner Pays: Trash Removal,​Water
  • Tenant Pays: Electric,​Gas

Community Features

  • Subdivision: University Heights Add

Miscellaneous Features

  • Disability Access: Unknown
  • Lead Base Paint: Yes
  • Construction: Frame

Location

 
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Directions to 217 Princeton Drive SE, Albuquerque, NM 87106
From Lead and Princeton, head north on Princeton to 217 Princeton. Located on the Westside of the street.
The listing information for 217 Princeton Drive SE, Albuquerque, NM 87106 was graciously provided by our friends at the listing brokerage, RE/MAX SELECT

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Southwest Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Southwest Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/25/2018 at 12:13am
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