314 Sycamore Street SE
Albuquerque, NM 87106
MLS #911070

Multi-family
  • 2units
$300,000
Est. P&I payment: $1145.8/mo
314 Sycamore Street SE, Albuquerque, NM 87106
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Description for 314 Sycamore Street SE, Albuquerque, NM 87106
This UNM home on a huge double lot is packed with charm and potential. Recently remodeled and updated, the home manages to shine while also paying tribute to it's historical history craftsmanship and details you will only find in a historical home. The large floor plan upstairs, with two bedrooms offers plenty of space. While the finished large basement with a kitchen and bathroom has tremendous income potential. The property has a built in AirBNB potential with the upstairs renting out for $100/night and frequently getting $2000/month and the basement renting out for $55/night and gets $675/month. The income potential makes this a rare opportunity for this neighborhood. The rare UNM large double lot and SU-2 zoning gives you the potential to create even more income potential.
MLS #911070
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My Notes for MLS #911070

General Features

  • Property Type: C
  • Approx Structured SqFt: 1,798
  • Year Built: 1920
  • Total Number of Buildings: 1
  • Stories: 1
  • Property Sub-Type: Other - See Remarks
  • 5+ Units: No
  • Age: 50+
  • Number of Units: 2
  • Lot SqFt: 8,276
  • Zoning: SU-2

Exterior Features

  • Exterior Material: Brick/Wainscoting,​Masonite
  • Parking: 1 Garage
  • Roof: Metal

Interior Features

  • Basement: Basement: Yes
  • Basement: Overall SqFt: 798
  • Basement: Heated: Yes
  • Basement: SqFt Include: Yes
  • Basement: Finished: Yes
  • Basement: Finished SqFt: 798
  • Basement: Entry/Exit: Walk Up
  • Basement: Bedrooms: 1
  • Basement: Bathrooms: 1
  • Basement: Other Rooms: 1
  • Unit Type 1: Number of Units: 1
  • Unit Type 1: Number of Bedrooms: 2
  • Unit Type 1: Number Baths: 1
  • Unit Type 1: Average SqFt: 1,000
  • Unit Type 2: Number of Units: 1
  • Unit Type 2: Number of Bedrooms: 1
  • Unit Type 2: Number Baths: 1
  • Unit Type 2: Average SqFt: 798
  • Unit Summary: Total Units: 2
  • Unit Summary: Average Unit Size: 899
  • Unit Summary: Average Actual Rent: 1,288
  • Unit Summary: Annualized: 30,900
  • Flooring: Wood

Utility Features

  • Amenities: Balconies/Deck,​Wshr/Dryr HU in Unit
  • Appliances included: Blt-In Gas Stve/Oven,​Dishwasher,​Dryer H/U,​Refrigerator
  • Cooling: Evaporative
  • Heating: Central Forced Air
  • Utilities: All City

Financial Features

  • Approximate Taxes: 1,823
  • List Price/SqFt: 167
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 2,000
  • Unit Type 1: Max Rent: 2,000
  • Unit Type 1: Market Rent: 2,000
  • Unit Type 2: Average Actual Rent: 575
  • Unit Type 2: Max Rent: 575
  • Unit Type 2: Market Rent: 575
  • Unit Summary: Total Actual Rent: 2,575
  • Finance Considered: Cash,​Conventional,​FHA,​VA
  • Owner Pays: Electric,​Gas,​Sewer,​Water
  • Tenant Pays: None

Community Features

  • Subdivision: Terrace Add

Miscellaneous Features

  • Disability Access: Unknown
  • Lead Base Paint: Yes
  • Construction: Frame

Location

 
Street View Not Available
Directions to 314 Sycamore Street SE, Albuquerque, NM 87106
I-25/Central, East to Sycamore, South to property.
The listing information for 314 Sycamore Street SE, Albuquerque, NM 87106 was graciously provided by our friends at the listing brokerage, Realty One of New Mexico

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P&I Payment $1145.8
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Southwest Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Southwest Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 02/21/2018 at 11:23pm
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