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1322 Fairhaven Avenue SW, Albuquerque, NM 87105

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For Sale
Sale Pending

$216,063

3 beds • 2,059 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $104.94
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

South Valley investment with two houses on one lot. Located at 1322 and 1322 1/2 Fairhaven and just a few minutes drive to Old Town and Downtown, this well located property is also just steps from North America's largest bosque forest along the Rio Grande River.The property offers two spacious three bedroom homes that are currently on month to month leases.The unit mix includes: Unit 1322 is a 1,136 square foot 3 bedroom / 1 bath unit Unit 1322 1/2 is a 923 square foot 3 bedroom / 1 bath unitBesides the spacious units, the main amenity for this property is the quiet and serene location just west of the Rio Grande River trails.Measures of investment performance at ask price of $216,063 and average rents, as of $975 are a GRM of 9.23, a 5.50% cap rate, $108,031 pe
MLS# 1066346

Courtesy Of NM Apartment Advisors Inc.

(505) 440-8633

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Evaporative
  • Exterior Type
    Stucco
  • Floor Covering
    Carpet, Tile, Vinyl
  • Heating System
    Central Furnace
  • Lot Size
    0.26 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom

Map and Directions

Directions to 1322 Fairhaven Avenue SW, Albuquerque, NM 87105

Home seller CENTURY 21 Camco Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Camco Realty

(505) 292-2021
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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