FOR SALE0.62 ACRES
300 Rhode Island St SE
Albuquerque, NM 87108
Trumbull Village- 3 Beds
- 2 Baths
- 3 Beds
- 2 Baths
3 Beds
2 Baths
(on 0.62 acres)
Local Information
© Google
-- mins to
Commute Destination
Description
New Mexico Apartment Advisors is pleased to bring El Pueblito, a 15 unit apartment community back to market. Available for the first time in decades, this value add opportunity is an amazing chance to build on the pueblo modern architecture while pursuing the double digit rent growth the city of Albuquerque is currently undergoing.Located on a traffic calming cul-de-sac, 300-314 Rhode Island SE has classic NM architecture in a three building family compound layout.With the average rents of $576 and at the ask price of $956,188 the measures of investment performance include a GRM of 9.22, a before reserves cap rate of 6.81% and an after tax IRR of 16.9%.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 300 Rhode Island St SE
Interior Features |
---|
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2 |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water ConnectedAppliances: RefrigeratorRefrigerator |
Heating & Cooling Heating: Wall FurnaceHas CoolingAir Conditioning: Evaporative Cooling,Window Unit(s)Has HeatingHeating Fuel: Wall Furnace |
Gas & Electric Electric: None |
Windows, Doors, Floors & Walls Flooring: Tile |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Tile |
Days on Market |
---|
Days on Market: 180+ |
Property Information |
---|
Year Built Year Built: 1956 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: FrameNot a New ConstructionHas Additional Parcels |
Property Information Condition: ResaleParcel Number: 101905631749311610 |
Price & Status |
---|
Price List Price: $956,188 |
Active Status |
---|
MLS Status: Active |
Location |
---|
Direction & Address City: AlbuquerqueCommunity: Casas Serenas |
Agent Information |
---|
Listing Agent Listing ID: 1032229 |
Lot Information |
---|
Lot Area: 0.62 acres |
Offer |
---|
Listing Terms: Cash, Conventional |
Compensation |
---|
Buyer Agency Commission: 3Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
---|
Expense Tenant Pays: Other, See Remarks |
Miscellaneous |
---|
Mls Number: 1032229Living Area Range Units: Square Feet |
Last check for updates: 1 day ago
Listing courtesy of Todd D Clarke, (505) 440-8633
NM Apartment Advisors, Inc., (505) 440-8633
Source: SWMLS, MLS#1032229
Price History for 300 Rhode Island St SE
Date | Price | Event | Source |
---|---|---|---|
04/06/2023 | $956,188 | Listed For Sale | SWMLS #1032229 |
03/31/2023 | ListingRemoved | SWMLS #1021426 | |
11/29/2022 | $956,188 | PendingToActive | SWMLS #1021426 |
10/14/2022 | $956,188 | Pending | SWMLS #1021426 |
09/11/2022 | ListingRemoved | SWMLS #1021426 | |
08/24/2022 | $956,188 | Listed For Sale | SWMLS #1021426 |
Similar Homes You May Like
Skip to last item
- Keller Williams Realty
- See more homes for sale inAlbuquerqueTake a look
Skip to first item
New Listings near 300 Rhode Island St SE
Skip to last item
Skip to first item
Property Taxes and Assessment
Year | 2022 |
---|---|
Tax | $1,800 |
Assessment | $315,200 |
Home facts updated by county records
Comparable Sales for 300 Rhode Island St SE
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | - | 11/08/23 | 4 | 2 | 1,584 | |
0.50 | Multi-Family Home | - | 04/18/24 | 3 | 2 | - | |
0.29 | Multi-Family Home | - | 10/02/23 | 4 | 2 | 1,454 | |
0.26 | Multi-Family Home | - | 12/11/23 | 3 | 3 | 1,872 | |
0.13 | Multi-Family Home | - | 10/18/23 | 2 | 1 | 3,000 | |
0.58 | Multi-Family Home | - | 08/24/23 | 3 | 2 | 2,373 | |
0.09 | Multi-Family Home | - | 03/25/24 | 8 | 4 | 3,126 | |
0.54 | Multi-Family Home | - | 04/25/24 | 3 | 3 | 1,225 | |
0.10 | Multi-Family Home | - | 03/20/24 | 8 | 4 | 3,126 | |
0.55 | Multi-Family Home | - | 05/26/23 | 2 | 2 | 2,900 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Trumbull Village
- Teresita B.
- Resident
- 3y ago
"This neighborhood has great access to the city bus route. The main bus everybody takes or needs to take goes right through the area. This bus will take you to where you can choose different bus routes that can take you where you need to go. "
- Teresita B.
- Resident
- 3y ago
"We hardly have events but when we do usually it's from the church or the community center. They do have places in the neighborhood that give out food, sometimes fruits and vegetables but even tho it's rare they are still helping the community by doing things like that. "
- Rnavarrette660
- Resident
- 3y ago
"The abundance of drug paraphernalia and trash all throughout the area. There also arent any dog parks in this area to take animals to run freely which I know any pet owner wouldn't be happy about. "
- Monicaperkins
- Resident
- 3y ago
"They would not like that there is no dog park. People do not clean up after there pets. I don't like that they don't walk there dogs on leashes."
- Generosostella342
- Resident
- 3y ago
"get the homeless out and guns there too many guns shots almost every night once it's clear this then I'll think about going outside"
- Addie N.
- Resident
- 4y ago
"glass and needles all over... no grass... no one picks up their dogs poop... loose dogs... dangerous area...not ideal "
- Kelly L. B.
- Prev. Resident
- 5y ago
"Dogs are common to have an almost needed here ! This area is not Disneyland you need to look out for each other ! "
- Leslie R.
- Resident
- 5y ago
"Its is very diverse. For the most part people look out for each other. It can get a little crazy around here at times, but I havent had any major issues other thsn a vehicle broken into, but thats everywhere."
- Samantha B.
- Resident
- 5y ago
"There are crazies shooting guns and waving axes around in this nieghborhood. I also see a lot of homeless people and drug addicts."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Todd D Clarke, NM Apartment Advisors, Inc.
Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumer’s personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
300 Rhode Island St SE, Albuquerque, NM 87108 is a 3 bedroom, 2 bathroom multi-family built in 1956. 300 Rhode Island St SE is located in Trumbull Village, Albuquerque. This property is currently available for sale and was listed by SWMLS on Apr 6, 2023. The MLS # for this home is MLS# 1032229.