483 Vancouver Road SE, Rio Rancho, NM 87124
- $595,000
- 4
- BD
- 2
- BA
- 3,433
- SqFt
- List Price
- $595,000
- Price Change
- ▼ $5,000 1791674095
- MLS#
- 1110561
- Property Type
- Multifamily
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft. of Residence
- 3,433
- Lot Size
- 20,038
- Region
- Rio Rancho MiD
- Status
- ACTIVE
Property Description
Fully occupied Fourplex on an oversized, almost 0.5 Acre Corner Lot with the possibility for adding more Apartments! Each of the 4 Apartments are approx. 850 sf and feature a generous layout with 2 Bedrooms, 1 Bathroom, Kitchen with Dining area, large Living Room and their own Backyard. Washer/Dryer hookups in each Apartment, plus individual storage units. The building was updated with a metal roof in 2021 for long-term durability. With market rents at $1,200/m per unit, the proforma CAP Rate is close to 8%. Please do not disturb tenants.
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Additional Information
- County
- Sandoval
- Subdivison
- Rio Rancho Estates
- Acres
- 0.46
- Exterior Features
- Patio
- Appliances
- Dishwasher, Free-Standing Gas Range, Refrigerator, Range Hood
- Construction
- Frame, Stucco
- Cooling
- Evaporative Cooling
- Flooring
- Carpet, Laminate, Tile
- Heating
- Forced Air
- Owner Pays
- Sewer, Trash Collection, Water
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Zoning
- R-2
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Listing courtesy of R & R Real Estate Partners LLC.
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.