325 19th Street Albuquerque, NM
$ 299,000
Property Attributes
  • MLS#931183
  • TypeMulti-Family
  • CityAlbuquerque
  • AreaDowntown Area
  • NeighborhoodRoehls Garden Add
  • Zip87104
  • StyleTriplex
  • Year Built1941
  • Taxes3279
  • Price$ 299,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2625
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
NM Apartment Advisors, Inc.
Property Description

NM Apartment Advisors is very excited to bring to market this Old Town Triplex to market - located at where Marble meets 19th street, just south of Tiguex Park and the Albuquerque museum at 325 19th NW, this property has a high walk (80), bike (97), and transit (40) scores.Each unit is a residence in its own - with fireplaces, laundry rooms and unusually unique built-ins and could make an ideal vacation rental.At the ask price of $299,000 and an average rent of $853, the measure of investment performance include a GRM of 10.25, a CAP rate of 5.82%, a price per unit of $99,667, a price per square foot of $113.47 a before tax IRR of 11.80% and an after tax IRR of 9.10%.If rents were raised to market of $1,041, the measure of investment performance improve to a cap rate of 7.62%.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/24/2018 Listed $299,000

General Features

Age 61 - 70
Amenities No Landscaping, Owners Unit
Area 80 - Downtown Area
Builder Unknown
Construction Adobe, Block, Frame
Days on Market 158
Disability Access Unknown
Finance Considered Cash, FHA
Legal Description Lot 11, Block 1, Roehls Garden Addition
Number of Units 3.00
Property SubType Triplex
Property Type C
Rental Info Other - See Remarks
Stories 1.0
Subdivision Roehls Garden Add
Tenant Pays Other - See Remarks
Virtual Tour http://www.nmapartment.com/19th325A
Year Built 1941
Zoning R-ML*

Interior Features

5+ Units No
Appliances Included Refrigerator
Basement No
Cooling 2+ Units
Flooring Concrete, Vinyl
Heating 2+ Units
Utilities All City

Exterior Features

Acres 0.10
Exterior Material Stucco
Number of Parking Spaces 3.00


  • 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 87104

AVG $430K
AVG $3,376
AVG 86
Year Built
AVG 1947

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