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Tara Diaz

tara.diaz@exprealty.com +1(505) 226-1150

Listed by Thrive Real Estate

$ 594,900

Est. payment -/mo

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12209 Eric CT NE Albuquerque, NM 87112

6 Beds

3 Baths

3,342 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,342 sqft

Price per Sqft $178

Subdivision Brentwood Hills Add

MLS Listing ID 1111272

Bedrooms 6

Construction Status Resale

HOA Y/N No

Year Built 1977

Annual Tax Amount $4,055

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Fantastic opportunity on this hard to find updated 4-plex nestled on a cul-de-sac in the desirable NE Heights near Candelaria x Tramway! All four units are 2 bedroom/1 bathroom and Washer & Dryer ready. Over $115K invested in this gem!Outside:- New roof & HVAC (all units) in August 2024,- Fresh Zeroscaped landscaping for little to no maintenance.Inside:- Unit A is completely renovated a new kitchen, bathroom, flooring, texture/paint and lighting: A perfect set-up for an Owner-Occupied or a STR/MTR with rental comps in this exact area at $2000/month.- Unit D was just renovated with a new bathroom, new windows, and more. This unit should fetch a nice rent amount as a LTR or is perfect for an owner-occupant too that chooses to STR/MTR unit A for more income. It's not an exaggeration to live rent-free in unit D and have the other units contribute an estimated $4,200 monthly while your property appreciates!This property is priced to sell fast compared to other nearby 4-plex's given the many upgrades and improvements! This property offers a great ROI with market rents between $1250/unit for LTR ($5K/month) and $2000/unit for STR/MTR ($8K/month).More on seller financing:Owner believes that seller-financing is a great opportunity for both the seller and the buyer and has a strong preference towards any offers that are seller-financed and a stronger preference towards owner-occupied seller financing. Financing terms are negotiable, but starting terms are 7.25% on a 30-year amortization schedule, 5 yr Balloon, with minimum 12% down and 20% preferred!Call today for more details on this incredible deal.

Location

State NM

County Bernalillo

Area 50 - Northeast Heights

Interior

Heating Ductless

Cooling Ductless

Flooring Carpet, Laminate, Tile

Fireplace No

Appliance Free-Standing Gas Range, Refrigerator

Laundry Washer Hookup, Dryer Hookup, Electric Dryer Hookup, In Unit

Exterior

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 102205938252712535

Acceptable Financing Owner May Carry

Green/Energy Cert None

Listing Terms Owner May Carry

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Tara Diaz

12209 Eric CT NE Albuquerque, NM 87112

Key Details

Location

Interior

Exterior

Building

Others

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12209 Eric CT NE