For Sale
$178,800

325 Charleston St Albuquerque, NM 87108

Southeast Albuquerque duplex, great location.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This charming 1,344 square foot duplex in Albuquerque, New Mexico, presents a compelling investment opportunity. Built in 1976, this single-story, one-building property features two 672 square foot units, each independently metered for gas and electricity. The asking price is $178,800, translating to $89,400 per unit and $133.04 per square foot. The property boasts a pro-forma cap rate of 7.24% and a pro-forma NOI of $12,954. Situated on a 0.155-acre lot, the property includes four off-street parking spaces and is zoned R-ML. Unit A currently rents for $900 per month, while Unit B is vacant. Convenient amenities include a fenced patio and washer/dryer hookups in Unit A. The property's prime location in southeast Albuquerque offers easy access to Kirtland Air Force Base, the Downs Casino, Expo New Mexico, and the Cesar Chavez Community Center, along with numerous shopping, dining, and transit options. High daily traffic volumes on nearby Zuni and Louisiana Boulevard further enhance its appeal. A new security system has been recently installed. 28-hour notice is required for showings. APN: 101905621349722508.

Highlights

  • New security system installed.
  • Two 672 sq ft units; Unit A rents for $900/month, Unit B vacant.
  • Individually metered gas and electric; Unit A features washer/dryer hookups and a fenced patio.
  • Four off-street parking spaces.
  • Walkable southeast Albuquerque location.
  • Close proximity to Kirtland Air Force Base.

Property Details for 325 Charleston St

Property type
Apartment buildings
Square Feet
1,344 SF
Year Built
1976
Buildings
1
Stories
1
Lot Size (sq. ft)
6,752 SF
Units
2

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.071753084789
Longitude
-106.56109901272

FAQs

What type of property is this?
Apartment building - Southeast Albuquerque duplex, great location.
Where is the apartment building located?
The property is located at 325 Charleston St Albuquerque, NM.
What is the asking price?
The asking price for this property is $178,800.
What are key features of this property?
This property features: New security system installed.; Two 672 sq ft units; Unit A rents for $900/month, Unit B vacant.; Individually metered gas and electric; Unit A features washer/dryer hookups and a fenced patio.
How can I contact the broker?
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325 Charleston St
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