- 2 beds
- 1 bath
- 2,739 sqft
- 6,098 sqft lot
- $77 per sqft
- 1956 build
- – on site
More homes
The owner is open to selling each triplex (1101 and 1105 Louisiana SE) separately for $212,500, but would strongly prefer a sale to one buyer.Interior amenities include: carpet over hardwood floors, vinyl tile in bathroom/kitchen areas, private fenced yards for each resident as well as washer/dryer hookups. The property ask price of $425,000 is $70,833 per unit, $77.58 per square foot, a before reserves cap rates of 6.18%, a 8.14% cash on cash and an after tax IRR of 17.70%.The owner can trace his ownership back to 1975 on one of the two triplexes!Located across the street from the entrance of NM Veteran's Park and just north of the Gibson entrance to Kirtland Air Force Base and Sandia National laboratories, these units are well positioned to take advantage of the new emplo
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Last updated Mar 5, 2025
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MLS# 994105 —
The Building
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Year Built:1956
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Builder Name:Unknown
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New Construction:false
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Stories:1
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Stories Total:1
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Levels:One
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Basement:false
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Exterior Features:Landscaping
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Building Area Total:2739.0
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Building Area Source:Appraiser
Interior
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Flooring:Tile,Vinyl,Wood
Room Dimensions
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Living Area:2739.0
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Living Area Source:Appraiser
Location
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Directions:From I-25 and Gibson, east to Louisiana, north to property.
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Latitude:35.0597
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Longitude:-106.569154
The Property
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Parcel Number:101805651405740818
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Property Condition:Resale
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Zoning Description:R-MH*
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Lot Size Acres:0.14
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Lot Dimensions Source:PublicRecords
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Lot Size SqFt:6098.4
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Lot Size Source:PublicRecords
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Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (505) 440-8633
- Office phone:
- (505) 440-8633
Taxes
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Tax Annual Amount:1078.96
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Tax Legal Description:Lot 27, Block 32, Elder Homestead Addition
Beds
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Bedrooms Total:2
Baths
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Total Baths:1
Heating & Cooling
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Heating:Central,ForcedAir
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Heating:true
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Cooling:EvaporativeCooling
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Cooling:true
Utilities
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Utilities:ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
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Electric:None
Appliances
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Appliances:Refrigerator
The Community
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Subdivision Name:Elder Homestead Addition
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/10/21
Aug 10, 2021
|
Sold | SWMLS | $212,500 |