1 month on rocket

2110 Lead Ave SE, Albuquerque, NM, 87106

$560,000

Home List Price

$6,650*

Closing Credit

2 Bedrooms
1 Bath
2,432 SqFt
$230/SqFt
Multi

Location

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2110 Lead Ave SE, Albuquerque$560,000

Buyer Closing Credits

$6,650*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
Year Built1936
HeatingCentral, Ductless, Forced Air, Floor Furnace
CoolingDuctless, Evaporative Cooling, ENERGY STAR Qualified Equipment, Varies By Unit
BasementYes
FireplaceOption
MLS #1072240
Lot Size0.16 Acres
StatusActive

About 2110 Lead Ave SE

This is a rare opportunity to own a well-maintained triplex in one of Albuquerque's most sought-after rental areas. Perfect for both new and seasoned investors looking to capitalize on the high-demand rental market near UNM. It has an impressive rental history and less than 3% vacancy rate over the last six years which is an excellent indicator of stability and continued profitability. At the ask price of $560,000, the GRM is 11.18. Each home is a freestanding building with no shared walls. Each is equipped with a private yard, a washer and dryer, newer double paned windows, and assigned parking. Mainline sewer replaced in 2023. 1 of the 3 units was built in 2023!

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Living Area: 2,432 SqFt

Listing Office:

  • Office Name: Simply Real Estate
  • Office Phone: (505) 308-3800
  • Listing Agent: Kirsten R Marino

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Range Hood, Washer
  • Basement: Yes
  • Flooring Type: Concrete, Tile, Wood
  • Fireplace: Option

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Virtual/3D Tour

  • 3D Tour: 2110 Lead Ave SE
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Ductless, Forced Air, Floor Furnace
  • Cooling: Ductless, Evaporative Cooling, ENERGY STAR Qualified Equipment, Varies By Unit

Other

Directions Information:

  • Directions: Head South on I-25. Exit the Coal/Lead corridor heading East on Coal. Turn left on Buena Vista. Turn left on Lead. Home will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $560,000
  • Price Per SqFt: $230/SqFt

Tax Information:

  • Annual Amount: $3,108
  • 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

2110 Lead Ave SE vs Albuquerque

38 DAYS ON ROCKET

+5 Days

$560,000

+$215.9K More

$230/SqFt

+$25 More

KEY TAKEAWAY

This property is $215.9K more than the Median Sold Price and $25/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: #1072240

Listing Office:

  • Office Name: Simply Real Estate
  • Office Phone: (505) 308-3800
  • Listing Agent: Kirsten R Marino

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, 1:20:47 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$3,108$72,459
2019$2,898$72,459
2018$2,809$68,041
2017$2,809$66,059

History based on county public records data.

Payment Calculator

$2,862

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,745

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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-640320
6
/10

  • Monte Vista Elementary School

  • 3211 Monte Vista Blvd NE

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-640321
6
/10

  • Bandelier Elementary School

  • 3309 Pershing Ave SE

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-640322
3
/10

  • Lowell Elementary School

  • 1700 Sunshine Ter SE

  • 1.05 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 $25,921. The most common annual income of people living in Albuquerque, NM is less than $35k. The most common type of family is 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›2110 Lead Ave SE

This home is located at 2110 Lead Ave SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 2,432 square foot home, which was built in 1936, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $560,000.

Over 94 listings were sold over their listed price in October 2024 in Albuquerque, NM. In the same period over 288 listings were sold below the listed price and 148 listings were sold for the listed price. Between September 2024 and October 2024, Albuquerque, NM real estate market has seen decrease in the number of listings by 8.2%. Listings spent 33 days on the market in October 2024, and had a median list price of $344,019 during the same period.

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

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