432 & 434 Quincy Street NE Albuquerque, NM ^$ 509,000

432 & 434 Quincy Street NE

^$ 509,000

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432 & 434 Quincy Street NE

Albuquerque, NM, 87108

^$ 509,000

Bedrooms2 Baths1.0 Sq 2,161

Monthly Estimate*

^$ 3,383

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Multi-Family Home for sale in Albuquerque, NM

for $509,000 with 2 bedrooms and 1 full bath. This 2,161 square foot home was built in 1955 on a lot size of 0.18.

Presenting an exceptional duplex in Albuquerque's sought-after MLS area 40, near UNM. Shopping, restaurants and transit make this high walk score property perfect long-term, or medium term rental approach to investing. With RM-H zoning on .18 acres, this property offers a strategic investment opportunity for those looking to the future. Unit 1 is approximately 920 sq ft, while Unit 2 features around 1,241 sq ft. Low operating expenses ensure impressive cash-on-cash returns and ideal for investors looking for a 1031 exchange. Don't miss out on this turnkey investment opportunity in a prime location of Albuquerque!

Multi-Family Active

Price

^$ 509,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,780

Style

Duplex

Lot Size

0.18

Year Built

1955

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1061113

Features

General

Heating FloorFurnace WallFurnace

Cooling EvaporativeCooling

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Appliances Dryer Dishwasher FreeStandingGasRange Refrigerator Washer

Exterior Features Patio

Patio/Porch Features Patio

Security Features ComplexFenced

Construction Materials Frame Stucco

Year Built 1955

Electric None

Tenant Pays Electricity Gas Sewer TrashCollection Water

Stories 1

Levels One

Property SubType Duplex

Community Features Patio

County Bernalillo

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Green Energy Generation None

Status Active

Directions From San Mateo and Lomas Travel South. Turn Right (W) on Marquette Turn Right (N) on Quincy to Property.

City Albuquerque

Disclosures LeadBasedPaintDisclosure RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-MH*

NumberOfUnitsTotal 2

MLS Area 40 - UNM

Lot Size Square Feet 7840.8

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Quincy

Listing Terms Cash Conventional VALoan

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 3780.1

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 39

Builder Name Unknown

Standard Status Active

Property Sub Type Additional Duplex

Interior

Flooring Tile Vinyl Wood

Fireplace Features Option

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Total Bedrooms 2

Electric On Property Y/N N

Total Baths 1

Exterior

Number of Buildings 1

Spa N

Building Area Total 2161.0

Lot Size Acres 0.18

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Rickert Prop Group

Listing Agent

Real Broker

Broker

mark@rickertpg.com

Affordability Calculator

$3,698

Per Month

Monthly Principal & Interest: $3,383
Monthly Property Taxes: $315
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Albuquerque, NM

Average List Price ^$697,611

Percent of Sale Price 37%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/29/2024	$509,000	-1.93%	Price Down
4/20/2024	$519,000		Listed Price

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432 & 434 Quincy Street NE, Albuquerque, NM, 87108 is a Multi-Family Home for sale at $509,000 with 2,161 sqft and a lot size of 0.18. 432 & 434 Quincy Street NE has 2 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/10/2024.

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432 & 434 Quincy Street NE

Multi-Family Home for sale in Albuquerque, NM

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