3505 Lafayette DR NE, Albuquerque, NM 87107
3505 Lafayette DR NE, Albuquerque, NM 87107
3505 Lafayette DR NE, Albuquerque, NM 87107
3505 Lafayette DR NE, Albuquerque, NM 87107
3505 Lafayette DR NE, Albuquerque, NM 87107
3505 Lafayette DR NE, Albuquerque, NM 87107
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Susan Buchman

Susan Buchman

+1(505) 554-4173
Listed by NM Apartment Advisors, Inc.
$ 950,000
Est. payment | /mo

2 Beds

1 Bath

9,100 SqFt

Save
$ 950,000
Est. payment | /mo
Save

2 Beds

1 Bath

9,100 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,100 sqft

Price per Sqft $104

Subdivision Indian Rest Sub

MLS Listing ID 1103496

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1978

Annual Tax Amount $7,291

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

At 1300 SF each, all 7 apartments are nicely updated two story two bedroom / one and a half Bathroom townhome style floorplans with well-apportioned rooms, separate large utility rooms (with Washer / Dryer hook ups or washer / dryer included), and giant living areas with woodburning stoves! All kitchens are nicely updated and include dishwashers and electric ranges. All apartments are also separately metered for gas and electric and offer forced central heating. 4 of the 7 apartments have been converted to refrigerated air!Potential upside includes conversion to a condominium community with a large spread between the current price of $135,714 per unit and the average ask price for $242,500 (per SWMLS report 5/12 - 2 bedroom units with 1,200 to 1,400 sf condos without garages.)

Location

State NM

County Bernalillo

Area 101 - Near North Valley

Interior

Heating Forced Air

Flooring Vinyl

Fireplace No

Appliance Refrigerator

Exterior

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

Total Parking Spaces 11

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 101606038517540709

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Southwest MLS (SWMLS IDX Plus)
Nearby Locations
Susan Buchman

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

+1(505) 554-4173

susan@thebuchmangroup.com

4313 Corrales Rd, Corrales, New Mexico, 87048, USA

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3505 Lafayette DR NE