2424 Broadway Boulevard NE
Albuquerque, NM 87102
MLS #876874

  • 6units
Est. P&I payment: $1638.49/mo
2424 Broadway Boulevard NE, Albuquerque, NM 87102
Description for 2424 Broadway Boulevard NE, Albuquerque, NM 87102
Truly a property that invests in your financial future. 6 rental units located within four separate buildings, plus rental storage yard/garage. Located on a very busy intersection at Menaul/Broadway, right off I-25. Zoned for residential & commercial use. Primary rental is a charming 2 BR, 1 BA with hardwood floors, fireplace, & full basement. Home leased for $1,200/mo. Other 5 rental units are situated behind the house. Gated storage yard rents for $230/mo. Total rents are around $4,000/mo. The traffic count is quite high during the day, & a 4 way traffic stop slows traffic down to see & access the property. This corner would be a great location for a Starbucks, or high rise apartment. Just hold on and watch the value increase. Owner is moving to Portland to be with family.
MLS #876874
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My Notes for MLS #876874

General Features

  • Property Type: C
  • Units for Sale: 6
  • Year Built: 1935
  • Total Number of Stories: 1
  • Total Number of Buildings: 4
  • Stories: 1
  • Property Sub-Type: House Plus Unit(s)
  • 5+ Units: Yes
  • Age: 50+
  • Number of Units: 6
  • Lot SqFt: 20,038
  • Zoning: C-3,​SU-2

Exterior Features

  • Number of Parking Spaces: 12
  • Exterior Material: Stucco
  • Parking: 2+Spaces Per Unit,​Unpaved
  • Roof: Flat,​Pitched/Flat,​Positive Pitched,​Tar Gravel

Interior Features

  • Basement: Basement: Yes
  • Basement: Heated: No
  • Basement: SqFt Include: No
  • Basement: Finished: No
  • Basement: Entry/Exit: Interior Only
  • Unit Type 1: Number of Units: 6
  • Unit Type 1: Number of Bedrooms: 6
  • Unit Type 1: Number Baths: 6
  • Unit Type 1: Style: casitas
  • Unit Type 1: Average SqFt: 700
  • Unit Summary: Total Units: 6
  • Unit Summary: Average Unit Size: 700
  • Unit Summary: Average Actual Rent: 650
  • Unit Summary: Annualized: 46,800
  • Flooring: Carpet,​Tile,​Vinyl

Utility Features

  • Amenities: Owners Unit
  • Appliances included: Blt-In Gas Stve/Oven,​Refrigerator
  • Cooling: Evaporative
  • Heating: Gas,​Wall Unit
  • Utilities: All City

Financial Features

  • Approximate Taxes: 1,462
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 650
  • Unit Type 1: Max Rent: 700
  • Unit Type 1: Market Rent: 650
  • Unit Summary: Total Actual Rent: 3,900
  • Finance Considered: Cash,​Conventional,​Joint Venture,​Owner Financing
  • Owner Pays: Maintenance,​Trash Removal,​Water
  • Tenant Pays: Electric,​Gas

Community Features

  • Subdivision: N2 Xpor

Miscellaneous Features

  • Disability Access: No
  • Lead Base Paint: Yes
  • Construction: Adobe,​Brick,​Masonry


Street View Not Available
Directions to 2424 Broadway Boulevard NE, Albuquerque, NM 87102
southeast corner of Menaul & Broadway.
The listing information for 2424 Broadway Boulevard NE, Albuquerque, NM 87102 was graciously provided by our friends at the listing brokerage, Realty Consultants

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P&I Payment $1638.49
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Last Updated 04/21/2018 at 10:52am
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