421 Harvard Dr SE, Albuquerque, NM 87106 Homes for Sale

For Sale

$556,936

• 1 beds
• 0 baths
• 1856 Sq Ft

421 Harvard Drive SE,
Albuquerque, NM, 87106

Latitude 35.074115 - Longitude -106.621197

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Overview

Listing Status Active

MLS 1040188

Property Type

Triplex

Year built

1925

Total rooms

1

Lot size

0.16 Acres

Time on NeighborWho

267 days

Stories

-

Price per Sq Ft

$300

Parking

0e0 car garage

Basement

-

About 421 Harvard Drive SE, Albuquerque, NM

Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM... market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $556,936 and current average rent of $1,232 are a GRM of 12.95, a 5.67% cap rate, $183,645 per unit, $300/sf. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one. Read more

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