4 months on rocket

123 46th St SW, Albuquerque, NM, 87105

$297,000

Home List Price

$3,527*

Closing Credit

2 Bedrooms
1 Bath
Multi

Location

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123 46th St SW, Albuquerque$297,000

Buyer Closing Credits

$3,527*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1926
HeatingCentral, Forced Air, Wall Furnace
CoolingEvaporative Cooling
MLS #1066192
Lot Size0.17 Acres
StatusActive

About 123 46th St SW

Investment opportunity! Discover a remarkable investment opportunity with this centrally located triplex, ideal for savvy investors looking to capitalize on a great location. Enjoy easy access to local shops, restaurants, and public transportation, making it a great option for renters seeking an easy commute to university. Three separate units, this triplex offers multiple income streams. Property requires TLC , this presents opportunity to increase value through renovations. With the right improvements, you can significantly enhance rental income and property value. Whether you choose to live in one while renting the others, or sell after improvements, the options are plentiful. Don't miss out on this fantastic opportunity to invest in a property with great potential.

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 1

Listing Office:

  • Office Name: The M Real Estate Group
  • Office Phone: (505) 247-1002
  • Listing Agent: Leila E. Giron

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Tile

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Wall Furnace
  • Cooling: Evaporative Cooling

Other

Directions Information:

  • Directions: Go on I-40 W to Rio Grande, to Central west across river to 46th st. south

Price Information

Listing Price Info

Price Summary:

  • List Price: $297,000

Tax Information:

  • Annual Amount: $1,080
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

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Albuquerque, NM

City

Med. Sold Price

$344K

Med. Price/SqFt

$204

Avg. Days On Market

33

# of Sold Homes

530

123 46th St SW vs Albuquerque

136 DAYS ON ROCKET

+103 Days

$297,000

-$47K Less

KEY TAKEAWAY

This property is $47K less than the Median Sold Price in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1066192

Listing Office:

  • Office Name: The M Real Estate Group
  • Office Phone: (505) 247-1002
  • Listing Agent: Leila E. Giron

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.

Copyright © 2024 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 6:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,080$22,511
2019$1,011$21,855
2018$976$21,219
2017$976$20,601

History based on county public records data.

Payment Calculator

$1,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$957

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-751703
2
/10

  • Valle Vista Elementary School

  • 1700 Mae Ave SW

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-751704
3
/10

  • Lavaland Elementary School

  • 501 57th St NW

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-751705
2
/10

  • Reginald Chavez Elementary School

  • 2700 Mountain Rd NW

  • 1.19 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,170. Residents of Albuquerque, NM typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87105›123 46th St SW

This home is located at 123 46th St SW in Albuquerque, NM and zip code 87105 in the Southwest Albuquerque neighborhood. This home, which was built in 1926, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $297,000.

In October 2024, from all listings sold in Albuquerque, NM there were more than 94 sold above asking price, over 288 sold below and more than 148 were sold right at the asked price. The inventory of homes for sale in Albuquerque, NM between September 2024 and October 2024 decreased by 8.2%. The median list price of listings available in October 2024 was $344,019, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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