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.)
Listed By
Agency Name: NM Apartment Advisors, Inc.
Agency Phone: (505) 440-8633
Shown By
Agent Name: Mary Spensley
Agent Phone: (505) 610-0806
Agency Title: Coldwell Banker Legacy
Estimated Payment
$ 2,998.95 per month $2,114.29 Principal & Interest $607.58 Property Tax $277.08 Homeowner's Insurance
3505 Lafayette Drive Ne | MLS# 1103496
This multi-family property located at 3505 Lafayette Drive Ne, Albuquerque, NM 87107 is currently listed for sale with an asking price of $950,000. Search Albuquerque real estate on mspensley.cblegacy.com today.