NOT LISTED FOR SALE

325 19th St NW Albuquerque, NM 87104

3 Beds
2 Baths
2,625 Sq Ft
4,356 Sq Ft Lot

Last Sold August 05, 2019

251 Days on Market

Highlights

  • Two cooling system units
  • Ceramic Tile Flooring
  • 4-minute walk to Tiguex Park
  • Albuquerque High School Rated A-
  • Property has 1 Level

About This Home

As of August 2019

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%.

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 10/23/2018

Last Buyer's Agent

Diane Diaz

Coldwell Banker Legacy License #41678

Coldwell Banker Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,279

Year Built

  • Built in 1941

Lot Details

  • 4,356 Sq Ft Lot
  • Additional Parcels

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Adobe

Interior Spaces

  • 2,625 Sq Ft Home
  • Property has 1 Level

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Two cooling system units
  • Multiple Heating Units

Community Details

  • 3 Units
  • 2,625 Sq Ft Building
  • Roehls Garden Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101305820327720612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,279

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: From I-40 and Rio Grande, south on Rio Grande to Mountain, east to 19th street, until it dead ends on Old Town, slightly west to 19th street less than one block south to subject property.
  • Listing Contract Date: 2018-10-23
  • Year Built: 1941
  • Lot Size Acres: 0.1
  • Subdivision Name: Roehls Garden Add
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete, Vinyl
  • Appliances: Refrigerator
  • Stories: 1
  • Number Of Buildings: 2
  • Basement YN: No
  • Total Bedrooms: 3
  • Living Area: 2625.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Adobe, Block, Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: 2 Units
  • Heating: Multiple Heating Units
  • Utilities: Municipal Utilities
  • Cooling Y N: Yes

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Additional Parcels: Yes
  • Parcel #: 101305820327720612
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3279.0

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold -- -- --
07/02/2019 07/02/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $299,000 -- $114 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Todd Clarke

    Seller's Agent in 2019

    Todd Clarke

    NM Apartment Advisors, Inc.

    (505) 480-8885

    225 Total Sales

    Todd Clarke
    Section Image
  • Diane Diaz

    Buyer's Agent in 2019

    Diane Diaz

    Coldwell Banker Legacy

    (505) 238-2467

    85 Total Sales

    Diane Diaz
    Section Image
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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 931183

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-058-203-277-2-06-12

New Mexico Bernalillo County Albuquerque 87104

325 19th St NW, Albuquerque, NM

This home is located at 325 19th St NW, Albuquerque, NM 87104 since 23 October 2018. This property was built in 1941. 325 19th St NW is a home located in Bernalillo County with nearby schools including Reginald Chavez Elementary, Washington Middle School, and Albuquerque High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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