Golf Course
3417 Thaxton Avenue SE Albuquerque, NM
$ 288,000
Property Attributes
  • MLS#980538
  • TypeMulti-Family
  • CityAlbuquerque
  • AreaUNM South
  • NeighborhoodYearouts Subdivision of Knob Heights
  • Zip87106
  • StyleQuadruplex
  • Year Built1962
  • Taxes2539
  • Price$ 288,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3032
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
NM Apartment Advisors, Inc.
Property Description

The property is located next to Puerto del Sol Golf Course and is near Hyder Park, Nob Hill, and UNM. A new pitched shingle roof was installed in 2019, and has newer evaporative coolers. The 4 occupied apartments consists of three two bedroom, one bathroom units with month to month residents. The fourth apartment is a really large three bedroom, one bathroom unit that recently nicely renovated with new light fixtures, kitchen cabinets with soft close doors and drawers, granite countertops, stainless steel appliances (including stackable washer and dryer), vinyl windows, and remodeled bathroom.At the Ask Price of $288,000, and with an average rent of $691, measures of investment performance include a GRM of 8.68, a before reserves cap rate of 6.92% and an after tax Internal Rate of Retu

Price History
11/5/2020 Listed $288,000

General Features

Accessibility None
Additional Parcels Y/N Yes
Appliances Refrigerator
Construction Materials Brick
Cooling Evaporative Cooling
Electric None
Flooring Tile
Heating Wall Furnace
MLS Area 42 - UNM South
Property SubType Quadruplex
Property Type Residential Income
PropertyCondition Resale
Stories 1
Subdivision Name Yearouts Subdivision of Knob Heights
Terms Cash, FHA, VA Loan
Total Units 4
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning Description R-MH*

Interior Features

Heating Y/N Yes
Living Area 3032
Total Baths 1
Total Bedrooms 1

Exterior Features

Lot Size Acres 0.16
Lot Size Source Public Records
Lot Size Square Feet 7013
Number of Buildings 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 87106

AVG $580K
AVG $3,639
AVG 54
Year Built
AVG 1949
AVG 74
Data Provided by Walkscore ® not using MLS data

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