NM > Albuquerque > Na
Albuquerque, NM 87108,1030-1040 Truman ST SE
Albuquerque, NM 87108,1030-1040 Truman ST SE
Albuquerque, NM 87108,1030-1040 Truman ST SE
Albuquerque, NM 87108,1030-1040 Truman ST SE
Albuquerque, NM 87108,1030-1040 Truman ST SE
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Jeremiah Collins

Jeremiah Collins

+1(505) 710-5478
Listed by Berger Briggs RE & Prop Mgmt
$ 1,500,000
Est. payment | /mo

1 Bed

1 Bath

0.59 Acres Lot

Save
$ 1,500,000
Est. payment | /mo
Save

1 Bed

1 Bath

0.59 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 1094437

Bedrooms 1

Construction Status Resale

HOA Y/N No

Year Built 1952

Annual Tax Amount $10,387

Lot Size 0.590 Acres

Acres 0.59

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

The unit mix offers valuable diversity, with 3 two-bedroom/one-bathroom and 3 one-bedroom/one-bathroom units at 1030 Truman -- complete with private garages -- and an additional 3 units at 1040 Truman, including one 1-bedroom/1-bathroom and two 2-bedroom/1-bathroom apartments. The buildings are situated on spacious lots with mature landscaping, wrought iron security, and private courtyard areas that enhance curb appeal and resident livability.The projected gross income of $139,200 annually, adjusted for a 5% vacancy to $132,240, with estimated operating expenses of $37,361, yielding a pro forma NOI of $94,879. At the asking price of $1,500,000, the property offers a projected cap rate of 6.33% with a before-tax IRR of 17.41% .

Location

State NM

County Bernalillo

Area 42 - Unm South

Interior

Heating Central, Forced Air, Floor Furnace

Flooring Tile, Vinyl, Wood

Fireplace No

Appliance Built-In Gas Oven, Built-In Gas Range, Dryer, Refrigerator, Range Hood

Laundry Washer Hookup, Dryer Hookup, In Unit

Exterior

Exterior Feature Landscaping

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 10

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101705651728310815, 101705651727210816

Acceptable Financing Cash, Owner May Carry

Green/Energy Cert None

Listing Terms Cash, Owner May Carry

Jeremiah Collins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 710-5478

redbooth@gmail.com

926 Pueblo Solano Rd NW, Albuquerque, New Mexico, 87107, USA

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1030-1040 Truman ST SE