Home / Albuquerque / UNM South / Rangeles Subdivision / MLS #1081559

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3403 Anderson Avenue SE

Albuquerque, NM 87106

$504,852

2 bd • 1 ba • 2,789 sqft • 0.12 acres

1 Story

Stories

$181

Per SQFT

1979

Year Built

04/08/2025

Listing Date

1081559

Listing #

87106

Zip Code

About This Property

The property is 100' from the Puerta Del Sol golf course and offers single story courtyard style units in spacious two bedroom / one bathroom configuration. Each unit is a large two bedroom, one bathroom unit.This is the first time this property has been offered for sale from the family of the architect, Allan G Elsik, Architect who was a well known local architect who poured his talent, energy and passion in this this community.The property is owned by an estate and they heir's do need to cash out.At the current average rents of $1,200, and an ask price of $504,852 the measures of investment performance include a price per unit of $168,284, price per square foot of $181.02, a GRM of 11.69, an after reserves cap rate of 6.32%.

Interior

Bathrooms Total: 1

Appliances: Refrigerator

Flooring: See Remarks

Building And Construction

Property Type: Residential Income

Property Sub Type: Triplex

Building Area Total: 2,789 sqft

Year Built: 1979

Construction Materials: Frame, Stucco

Levels: One

Number Of Units Total: 3

Stories: 1

Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.12

Lot Size Square Feet: 5227.2

Provisional

MLS #: 1081559

Gross Income: 41040

Listing Terms: Cash, FHA

Number Of Buildings: 1

Operating Expense: 9902

Tenant Pays: Other, See Remarks

Area And Schools

City: Albuquerque

Postal Code: 87106

MLS Area Major: UNM South

Subdivision: Rangeles Subdivision

County: Bernalillo

Parcel Number: 101605640121341401

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 I-25 and Central, east to Carlisle, south to Anderson, west to property and 1220 Wellesley SE/3403 Anderson SE

Listing courtesy of NM Apartment Advisors, Inc.

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.