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422 Vassar Drive SE

Albuquerque, NM 87106
  • $440,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 1071778
$440,000
  • 2
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1932
County:

School Ratings & Info

Description

Charming tri-plex located in the heart of Nob-Hill. Unit A & B are attached in the front building, with original wood floors, while Unit 1/2 is fully detached. All units have separate, beautifully landscaped yards, for private enjoyment.It is important to note that the current rental rates are below market value, as the owner extends a unique benefit to tenants by including gas, electricity, and water in the lease agreements. This inclusion of utilities not only enhances the appeal of the rental units but also positions the property for a significant value-add opportunity.

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2024-11-14T00:05:05.59.
www.albuquerquerealestateservices.com/homes/156245740
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422 Vassar Drive SE Albuquerque, NM 87106

  • Price: $440,000
  • Status: Active
  • On Site: 42 Days
  • MLS #: 1071778
2
Beds
1
Baths
0
½ Baths
0.16
Acres
1932
Built
Neighborhood:
42 - UNM South
County:
Bernalillo
Area:
42 - UNM South
Property Description
Charming tri-plex located in the heart of Nob-Hill. Unit A & B are attached in the front building, with original wood floors, while Unit 1/2 is fully detached. All units have separate, beautifully landscaped yards, for private enjoyment.It is important to note that the current rental rates are below market value, as the owner extends a unique benefit to tenants by including gas, electricity, and water in the lease agreements. This inclusion of utilities not only enhances the appeal of the rental units but also positions the property for a significant value-add opportunity.
Exterior Features

Construction Materials Stucco Levels Two

Interior Features

Appliances Free- Standing Gas Range Basement Unfinished Basement YN Yes Cooling Evaporative Cooling Cooling YN Yes Flooring Wood Heating Floor Furnace Wall Furnace Heating YN Yes

Property Features

Accessibility Features None Builder Name N / A Green Energy Generation None Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VA Loan New Construction YN No Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 4671.84 Tenant Pays None Utilities Electricity Connected Natural Gas Connected Water Connected Zoning Description R-1 A*

Southwest MLS] logo Listing courtesy of Albuquerque Property Mgmt: (505) 480-9777. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2024-11-14T00:05:05.59.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112