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    3505 Lafayette Drive Ne, Albuquerque, NM 87107

    $950,000
    • 3505 Lafayette Drive Ne, Albuquerque, NM 87107 Main Photo

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    Active
    BEDS2 BATHS SQUARE FEET9,100 MLS#1103496
    STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONIndian Rest Sub

    Property Description

    At 1300 SF each, all 7 apartments are nicely updated two story two bedroom / one and a half Bathroom townhome style floorplans with well-apportioned rooms, separate large utility rooms (with Washer / Dryer hook ups or washer / dryer included), and giant living areas with woodburning stoves! All kitchens are nicely updated and include dishwashers and electric ranges. All apartments are also separately metered for gas and electric and offer forced central heating. 4 of the 7 apartments have been converted to refrigerated air!Potential upside includes conversion to a condominium community with a large spread between the current price of $135,714 per unit and the average ask price for $242,500 (per SWMLS report 5/12 - 2 bedroom units with 1,200 to 1,400 sf condos without garages.)

    3505 Lafayette Drive Ne | MLS# 1103496

    This multi-family property located at 3505 Lafayette Drive Ne, Albuquerque, NM 87107 is currently listed for sale with an asking price of $950,000. Search Albuquerque real estate on gdellamaggiora.cblegacy.com today.

    Property Features

    Property Type: Multi Unit - Multiple
    Heating: Forced Air
    Lot Size: 0.38 Acres
    Stories: 2.0
    Taxes: $7,291
    Year Built: 1978

    Feature Descriptions

    Appliances: Refrigerator
    Days on Site: 14
    Exterior: Frame, Stucco
    Flooring: Vinyl
    Parcel#: 101606038517540709
    Units: 7
    Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Listed By / Shown By

    Listed By

    Agency Name: NM Apartment Advisors, Inc.
    Agency Phone: (505) 440-8633

    Shown By

    Agent Name: Gene Della Maggiora
    Agent Phone: (510) 684-2539
    Agency Title: Coldwell Banker Legacy

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    Estimated Payment

    $ 2,998.95 per month $2,114.29 Principal & Interest $607.58 Property Tax $277.08 Homeowner's Insurance

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