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3436 Ross Avenue SE, Albuquerque, NM 87106

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For Sale
Sale Pending

$696,778

1 beds • 6,112 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Attached
    Property type

  • $114.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Unique southern New Mexico architecture combined with courtyard spaces and refrigerated air conditioning, this property is positioned well for the value add investor who recognizes that current average rents are 43% below market rents for the area.Located at 3436 & 3440 Ross SE, each building has its own deeded lot.Measures of investment performance at ask price of $696,778 and current average rent of $625 are a GRM of 11.61, a 4.63% cap rate, $97,097 per unit, $114/sf. Your color by numbers, step by step process go get close to a final market value of $1,025,000 include (call listing broker to discuss).
MLS# 1062316

Courtesy Of NM Apartment Advisors Inc.

(505) 440-8633

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Block, Stucco
  • Floor Covering
    Carpet, Tile
  • Heating System
    Central Furnace, Forced Air
  • Lot Size
    0.22 Acres

Map and Directions

Directions to 3436 Ross Avenue SE, Albuquerque, NM 87106

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

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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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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