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Jeanette Raver & Raver Team

8500 Menaul Blvd NE, Suite A-400
Albuquerque, New Mexico 87112
505-554-2213
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Listing 1 out of 2,084
$495,000 New For Sale

415 Marquette Avenue NE
Albuquerque, NM 87102

5 units | Multi Family Home
9583 sq ft - MLS# 930365
Property Photo
1/16

Description

Owner/Broker with T&C Management and Brokerage bring to the market a one of a kind investment opportunity - One 4bed 3bath house + fourplex in historic Martineztown, just south of EDO, east of Innovation district of downtown Albuquerque. Property has a high walk score (82), transit score (57), and bike score (84). Measures of investment performance include: Actual average rents of $835 + 100% Occupied. Great opportunity for Owner to occupy house and manage Apartment units for income. Beautiful park 100 yards away, and close to all the local downtown businesses. This a rare property with a lot of charm.

DIRECTIONS: From I-25 & I-40 - South To Martin Luther King Exit, West To Edith, North To Marquette, West - Property Is Second Residence On The Right.

Features

  • Property Type: Multi Family Home
  • Sub Type: House Plus Unit(s)
  • Listing Status: Active
  • County/Area: Bernalillo County
  • Zip Code: 87102
  • Year Built: 1944
  • Age: 71 - 80
  • Subdivision/Neighborhood: Belvidere Add
  • Sq.Ft.: 4,927 sq ft
  • Stories: 2
  • Units: 5 units
  • # of Parking Spaces: 6
  • Lot Size: 9583 sq ft
  • Zoning: R-1C*
  • 5+ Units: Yes
  • Amenities: Fireplace Some Units, Laundry Community, Owners Unit, Security Gate, Tenant Storage, Walled Complex
  • Appliances included: Dishwasher, Dryer, Frestnd Elec Stv/Ovn, Frestnd Gas Stv/Ovn, Microwave, Refrigerator, Washer
  • Construction: Block, Frame
  • Cooling: Ceiling Fans(S), Evaporative, Window Units(S)
  • Exterior Material: Stucco
  • Flooring: Carpet, Laminate, Tile
  • Heating: Central Forced Air, Wall Unit
  • Income & Expenses: Annual Gross Income: 50100
  • Lot Description: 2 Lots
  • Lot SqFt: 9583.20
  • Metering: Individual Electric, Individual Gas, Other - See Remarks
  • Miscellaneous Info: No Sign
  • Operating Expenses: Call Listing Broker
  • Parking: 1.5 Spaces Per Unit, Other Parking
  • Roof: Metal, Pitched/Flat
  • SqFt Source: Professional
  • Total # of Buildings: 3
  • Unit 1: 1, 4-Bed, 3-Bath, Main House 2 Story
  • Unit 2: 3, 1-Bed, 1-Bath, Apartment
  • Unit 3: 1, 2-Bed, 1-Bath, 2 Story Apartment
  • Unit Summary: Annualized: 50100
  • Unit Summary: Average Actual Rent: 835
  • Unit Summary: Average Unit Size: 985.40
  • Unit Summary: Total Actual Rent: 4175
  • Unit Summary: Total Units: 5
  • Utilities: All City
Courtesy of T & C Management, Llc, Charles V Sheldon, (505) 268-1181



Jeanette Raver and The Raver Team
8500 Menaul Blvd NE, Suite A-400
Albuquerque, NM 87112
Office: 505-554-2213
Email: jeanette@raverteam.com

Testimonials

My experience with Jeanette was wonderful. She was there to walk me through the stressful process from start to finish. You cannot say that about most realtors these days. Jeanette treated me more like a friend then a client. If you are looking to sell, buy, or sell and buy a home, I would look no further. She is honestly the most trustworthy realtor I have come by. Previous Client
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