209 Hanosh Court SE Albuquerque, NM
$ 315,000
Property Attributes
  • MLS#986647
  • TypePending
  • CityAlbuquerque
  • AreaSoutheast Heights
  • NeighborhoodDorado Village
  • Zip87123
  • StyleQuadruplex
  • Year Built1978
  • Taxes$ 1804
  • Price$ 315,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3622
  • Lot Size7,754 SqFt
Listing Provided Courtesy Of:
NM Apartment Advisors, Inc.
Data Source:
Southwest Multiple Listing Service
Property Description

It has excellent access to the Sandia Mountain Foothills, Interstate 40 and the retail/restaurant corridor along historic Route 66 between Tramway to Wyoming.The property is different than your average fourplex box in a number of ways:-it contains two large owner occupant style two bedroom / 1.5 bathroom townhouse style units (one of those residents has been given a notice to vacate)-private backyard/courtyards for each residence-at your front door parking-average unit size of 906 sfBased on current rents of $660 of month and the ask price of $315,000, the measure of investment performance include a GRM of 9.94, a before tax CAP rate of 5.76% before reserves, a price per unit of $78,750, a price per square foot of $86.97, a before tax IRR of 19.20% and an after tax IRR of 1

Price History
2/27/2021 Listed $315,000

General Features

Additional Parcels Y/N Yes
Appliances Refrigerator
Construction Materials Frame
Cooling Evaporative Cooling
Electric None
Exterior Features Landscaping
Flooring Carpet, Tile
Heating Central, Forced Air
Levels Two
MLS Area 71 - Southeast Heights
Property SubType Quadruplex
Property Type Residential Income
PropertyCondition Resale
Stories 2
Subdivision Name Dorado Village
Terms Cash, Conventional
Total Units 4
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Zoning Description R-ML*

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Living Area 3622
Total Baths 2
Total Bedrooms 2

Exterior Features

Lot Size Acres 0.18
Lot Size Source Public Records
Lot Size Square Feet 7754
Number of Buildings 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 87123

AVG $300K
AVG $3,153
AVG 24
Year Built
AVG 1999
AVG 21
Data Provided by Walkscore ® not using MLS data

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