312 La Veta Drive NE Albuquerque, NM
$ 285,000
Property Attributes
  • MLS#1006308
  • TypePending
  • CityAlbuquerque
  • AreaFairgrounds
  • Zip87108
  • StyleQuadruplex
  • Year Built1960
  • Taxes$ 2032
  • Price$ 285,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage3169
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
PS Properties
Data Source:
Southwest MLS (SWMLS)
Property Description

Offer Accepted, just waiting on signatures. 8 Units Total - Each 4 Plex has a 2 Bedroom Owner Unit and 3 Large 1 Bedrooms. Seller Prefers to sell them together. Great North East Location with rent upsides and room for improvement. This property offers a potential 5.3% CAP Rate with the Current rents along with a 13.6% before Tax Rate of Return. Units offer value add with some Laundry Hook Ups in Unit and Storage Units onsite. Units have private backyards and large floor plans. Room for rent growth to match market, as seen in the property next door at 310 La Veta.

Price History
12/22/2021 Listed $285,000

General Features

Appliances Free-Standing Electric Range, Refrigerator
Co-Listing Agent State License # 17797
Community Features Storage Facilities
Construction Materials Frame
Cooling Evaporative Cooling
Electric None
Flooring Carpet, Vinyl
Heating Central, Forced Air
Levels Two
Lot Size Square Feet 4792
MLS Area 70 - Fairgrounds
Property Sub Type Additional Quadruplex
Property SubType Quadruplex
Property Type Residential Income
PropertyCondition Resale
Status Pending
Stories 2
Terms Cash, Conventional, FHA
Total Units 4
Utilities Electricity Connected, Natural Gas Connected, Water Connected
Zoning Description R-MH*

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Living Area 3169
Total Baths 1
Total Bedrooms 1

Exterior Features

Lot Size Acres 0.11
Lot Size Source Public Records
Number of Buildings 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 87108

AVG $330K
AVG $2,271
AVG 34
Year Built
AVG 1963
AVG 64
Data Provided by Walkscore ® not using MLS data

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