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220 General Stilwell Street NE - Main Image
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220 General Stilwell Street NE

Albuquerque, NM 87123

$437,668
2 bd • 1 ba • 3,002 sqft • 0.17 acres
2 Story
Stories
$146
Per SQFT
1977
Year Built
03/30/2025
Listing Date
1081037
Listing #
87123
Zip Code

About This Property

Each of the units are two bedroom one bathroom units in a two up, two down format that include an onsite laundry that is leased from CSC.At the current average rents of $925, and an ask price of $437,668 the measures of investment performance include a price per unit of $109,417, price per square foot of $136.77, a GRM of 9.86, an after reserves cap rate of 6.54%.If rents are raised to the market average of $1,075, the measures of investment performance improve to a before reserves cap rare of 7.79%.This community is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation & rent

Interior

Bathrooms Total: 1
Appliances: Refrigerator
Flooring: Carpet, Tile, Vinyl

Building And Construction

Property Type: Residential Income
Property Sub Type: Quadruplex
Building Area Total: 3,002 sqft
Year Built: 1977
Construction Materials: Frame, Stucco
Levels: Two
Number Of Units Total: 4
Stories: 2
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Parking Total: 6

Provisional

MLS #: 1081037
Gross Income: 42660
Listing Terms: Cash, Conventional, FHA, VA Loan
Number Of Buildings: 1
Operating Expense: 13117
Tenant Pays: Other, See Remarks

Area And Schools

City: Albuquerque
Postal Code: 87123
MLS Area Major: Northeast Heights
County: Bernalillo
Parcel Number: 102005713009833125

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Heating (Y/N): Yes

Location

Directions: From Central and Wyoming, east to General Stilwell, north to the property.
Listing courtesy of NM Apartment Advisors, Inc.
Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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Daria Derebera Realtor

Daria Derebera

Real Estate Agent in Albuquerque, NM

(505) 521 8550

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