6 months on rocket

1501 Central Ave NE, Albuquerque, NM, 87106

$465,000

Home List Price

$5,522*

Closing Credit

1 Bedroom
1 Bath
1,472 SqFt
$316/SqFt
Multi

Location

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1501 Central Ave NE, Albuquerque$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1920
HeatingWall Furnace
CoolingEvaporative Cooling, Window Unit(s), Ceiling Fan(s)
MLS #1063717
Lot Size0.07 Acres
StatusActive

About 1501 Central Ave NE

Discover a fantastic investment opportunity with this great triplex, ideally situated just two blocks from UNM and Presbyterian Hospital. This property has been thoughtfully updated and boasts good tenants, ensuring high occupancy and solid returns. With its prime location, it's incredibly easy to rent and manage, making it a hassle-free addition to your portfolio. Don't miss out on this well-maintained triplex that promises both convenience and profitability!

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,472 SqFt

Listing Office:

  • Office Name: Reza Realty
  • Office Phone: (505) 600-2695
  • Listing Agent: Aldo A Reza

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Evaporative Cooling, Window Unit(s), Ceiling Fan(s)

Other

Directions Information:

  • Directions: West on Central from University to NE corner of Maple and Central

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $316/SqFt

Tax Information:

  • Annual Amount: $2,605
  • 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

$344.7K

Med. Price/SqFt

$205

Avg. Days On Market

34

# of Sold Homes

438

1501 Central Ave NE vs Albuquerque

208 DAYS ON ROCKET

+174 Days

$465,000

+$120.2K More

$316/SqFt

+$111 More

KEY TAKEAWAY

This property is $120.2K more than the Median Sold Price and $111/SqFt more than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1063717

Listing Office:

  • Office Name: Reza Realty
  • Office Phone: (505) 600-2695
  • Listing Agent: Aldo A Reza

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: 12/18/2024, 9:20:49 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$2,605$60,727
2019$2,586$60,727
2018$2,583$60,727
2017$2,583$60,727

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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NMLS#3030

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-4476038
3
/10

  • Longfellow Dual Language Magnet Elementary School

  • 400 Edith Blvd NE

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-4476039
3
/10

  • Eugene Field Elementary School

  • 700 Edith Blvd SE

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-4476040
6
/10

  • William W & Josephine Dorn Charter Community School

  • 1119 Edith Blvd SE

  • 1.05 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,533. Most Albuquerque, NM residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Mexico›Bernalillo County›Albuquerque›87106›1501 Central Ave NE

This home is located at 1501 Central Ave NE in Albuquerque, NM and zip code 87106 in the Sycamore neighborhood. This 1,472 square foot home, which was built in 1920, sits on a 0.07 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $465,000.

Albuquerque, NM housing market in November 2024 saw over 86 listings sold above listed price, more than 127 sold at listed price and over 225 sold below. Between October 2024 and November 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 14.7%. In November 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $344,759.

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

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