About 421 Harvard Drive Se
Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $532,190 and current average rent of $1,255 are a GRM of 12.14, a 5.89% cap rate, $177,397 per unit, 286/sf and an after tax IRR of 13.8%. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one
Features of 421 Harvard Drive Se
| MLS® # | 1040188 |
|---|---|
| Price | $532,190 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Square Footage | 1,856 |
| Acres | 0.16 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 421 Harvard Drive Se |
|---|---|
| Area | 42 - UNM South |
| Subdivision | Lot 14, Block 4, University Heights Addition |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87106 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Tile |
|---|---|
| Appliances | Refrigerator |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior Features | Landscaping |
|---|---|
| Construction | Frame, Stucco |
Additional Information
| Date Listed | August 22nd, 2023 |
|---|---|
| Days on Market | 253 |
| RE / Bank Owned | No |
Listing Details
| Office | NM Apartment Advisors, Inc. |
|---|
Listing Map
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