420 Kentucky Street SE Albuquerque, NM ^$ 185,000

420 Kentucky Street SE

^$ 185,000

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420 Kentucky Street SE

Albuquerque, NM, 87108

^$ 185,000

Bedrooms2 Baths1.0 Sq 1,600

Monthly Estimate*

^$ 1,230

420 Kentucky Street SE, Albuquerque, NM 87108 - Image 1

420 Kentucky Street SE, Albuquerque, NM 87108 - Image 2

420 Kentucky Street SE, Albuquerque, NM 87108 - Image 3

420 Kentucky Street SE, Albuquerque, NM 87108 - Image 4

420 Kentucky Street SE, Albuquerque, NM 87108 - Image 5

420 Kentucky Street SE, Albuquerque, NM 87108 - Image 6

Multi-Family Home for sale in Albuquerque, NM

for $185,000 with 2 bedrooms and 1 full bath. This 1,600 square foot home was built in 1960 on a lot size of 0.16.

Great investment opportunity!! This Duplex is priced to SELL!! Large 2 bedroom units with onsite storage. With a little effort and investment, this duplex can be a fantastic opportunity. Needs updates, with potential for value add. Current estimated cap rate of 8% with an estimated pro forma cap rate of 10%. Duplex is sold ''As Is''. Unit B has an extended large yard in the back. Unit A shares the front yard with Unit B. Tenants are month to month. No showings until we have an accepted offer. Call for more information!

Multi-Family Pending

Price

^$ 185,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,693

Style

Duplex

Lot Size

0.16

Year Built

1960

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1061088

Features

General

Heating Central ForcedAir

Cooling EvaporativeCooling

Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected WaterConnected

Appliances IndoorGrill Refrigerator

Exterior Features Landscaping

Construction Materials Frame Stucco

Year Built 1960

Tenant Pays Electricity Gas Sewer TrashCollection

Stories 1

Levels One

Property SubType Duplex

Gross Income 16800.0

County Bernalillo

Operating Expense 1800.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Green Energy Generation None

Status Pending

Directions Go South on Zuni from Zuni and Louisiana turn left towards Kentucky St SE. Property will be on the left side of Zuni rd

City Albuquerque

Disclosures LeadBasedPaintDisclosure RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-MH*

NumberOfUnitsTotal 2

MLS Area 71 - Southeast Heights

Lot Size Square Feet 6969.6

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Kentucky

Listing Terms Cash Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1693.3

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 7

Builder Name Unknown

Standard Status Pending

Property Sub Type Additional Duplex

Interior

Flooring Carpet SeeRemarks Tile

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Total Bedrooms 2

Electric On Property Y/N N

Total Baths 1

Exterior

Number of Buildings 1

Spa N

Building Area Total 1600.0

Lot Size Acres 0.16

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

NM Home Deals Inc.

Listing Agent

Keller Williams Realty

Broker

nmhomedeals@gmail.com

Affordability Calculator

$1,371

Per Month

Monthly Principal & Interest: $1,230
Monthly Property Taxes: $141
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$698,278

Percent of Sale Price 277%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2024	$185,000		Listed Price

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420 Kentucky Street SE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $185,000 with 1,600 sqft and a lot size of 0.16. 420 Kentucky Street SE has 2 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/8/2024.

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420 Kentucky Street SE

Multi-Family Home for sale in Albuquerque, NM

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