908 Alcazar Street NE
Albuquerque, NM 87110
- 2 beds
- 1 bath
- 3,100 sqft
- 9,147 sqft lot
- $99 per sqft
- 1977 build
- – on site
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NM Apartment Advisors is excited to have listed this fabulous owner occupant style fourplex at 908 Alcazar NE. Property has an amazing location - walking distance to Expo NM, the NM State Fair, and biking distance to Uptown good walk (51), bike (72), and transit (40) scores. Built in 1977, the property has been well maintained and kept a lot of its original charm.At the ask price of $309,120 and an average rent of $663 the measure of investment performance include a GRM of 9.72, a CAP rate of 5.80%, a price per unit of $77,280, a price per square foot of $99.72 and an after-tax IRR of 12.940%.If the rents are raised to market average of $700 the measure of investment performance improved to a GRM of 9.20, a CAP rate of 6.40%.Same owner also owns 916 Alcazar NE #951546
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Last updated Apr 23, 2025
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MLS# 952597 —
The Building
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Year Built:1977
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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:3100.0
Interior
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Flooring:Carpet,Vinyl
Room Dimensions
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Living Area:3100.0
Location
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Directions:From I-40 and Louisiana, south to Lomas, east to Alcazar, north to property
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Latitude:35.088709
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Longitude:-106.567276
The Property
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Parcel Number:101905804205230601
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:Resale
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Zoning Description:R-ML*
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Lot Size Acres:0.21
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Lot Dimensions Source:PublicRecords
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Lot Size SqFt:9147.6
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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:1904.66
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Tax Legal Description:Lot 3, Block 27A, Mesa del Norte
Beds
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Bedrooms Total:2
Baths
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Total Baths:1
Heating & Cooling
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Heating:Other,SeeRemarks
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Cooling:Other,SeeRemarks
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:Mesa Delnorte Add Corr
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 |
|---|---|---|---|---|
|
7/31/20
Jul 31, 2020
|
Sold | SWMLS | $309,120 |
