Thaxton Ave Tri-Plex
4013-4015 Thaxton Ave SE, Albuquerque, NM
Thaxton Ave Tri-Plex
Multifamily — For Sale
Thaxton Ave Tri-Plex
R-ML Zoning · 2734 SF
4013-4015 Thaxton Ave SE, Albuquerque, NM
Multifamily — For Sale
R-ML Zoning · 2734 SF
Offered at $525,000, this well-located triplex at 4013–4015 Thaxton Ave SE provides an attractive opportunity for an investor looking for a multifamily property in Southeast Albuquerque. The property consists of two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, with approximately 2,734 square feet of total unit area. Each unit offers a large kitchen and an in-unit washer and dryer, while the 1-bedroom residence also includes a dishwasher and fireplace. The property is conveniently positioned near major employment, education, and transportation centers, including Kirtland Air Force Base, Albuquerque International Sunport, Central New Mexico Community College, and the University of New Mexico area.
Request Information4013-4015 Thaxton Ave SE, Albuquerque, NM · R-ML Zoning · 0.1141 Acres
Open in Google MapsPerfect for a first-time investor looking for an income-producing property while living in one of the units. In-unit washer and dryer 1-bedroom unit includes dishwasher and fireplace Near Kirtland Air Force Base Near Albuquerque International Sunport Near Central New Mexico Community College Near University of New Mexico
Request Information| Gross Rental Income | 45000 |
| Property Tax | 7182 |
| Insurance | 1406 |
| Management Fee | 2700 |
| Total Expenses | 9642 |
| Net Operating Income (NOI) | 28552 |
| Asking Price | $525,000 |
| Cap Rate | 5.4% |
| GRM | 11.67 |
| Before-Tax IRR (No Financing) | 6.9% |
| Before-Tax IRR (Seller Financing) | 11.2% |
| Down Payment (20% — Seller Fin.) | $113,400 |
Offered at $525,000, this well-located triplex at 4013–4015 Thaxton Ave SE provides an attractive opportunity for an investor looking for a multifamily property in Southeast Albuquerque. The property consists of two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, with approximately 2,734 square feet of total unit area. Each unit offers a large kitchen and an in-unit washer and dryer, while the 1-bedroom residence also includes a dishwasher and fireplace. The property is conveniently positioned near major employment, education, and transportation centers, including Kirtland Air Force Base, Albuquerque International Sunport, Central New Mexico Community College, and the University of New Mexico area.
Perfect for a first-time investor looking for an income-producing property while living in one of the units. In-unit washer and dryer 1-bedroom unit includes dishwasher and fireplace Near Kirtland Air Force Base Near Albuquerque International Sunport Near Central New Mexico Community College Near University of New Mexico
Site Description
| Unit Mix | 2-2/1 & 1-1/1 |
| Building SF | 2734 SF |
| Land Size | 0.1141 Acres |
| Floors | 1 |
| Zoning | R-ML |
| Year Built | 1951 |
| Parcel # | 101705622717931104 |
Contact Tai Alley, CCIM at 505-980-6151 or tai@taialley.com.
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