311 Princeton Drive SE Albuquerque, NM 87106

Multi-Family (2-4 Units) MLS #: 1061818 Courtesy Of NM Apartment Advisors Inc.

$459,974

2 beds | 2,709 sq ft
Print property details Share
Est. Property Tax: $3,601
Estimated monthly payments: $2,311/mo.* (recalculate)

Property InformationDescription

311 Princeton SE is located just 3 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 77 Walk Score, 85 Bike Score and a Transit score of 43, and is in the epi-center of the UNM/CNM campuses and is just steps from the Smiths Grocery store.The owner has positioned this sale to make it easy for an owner occupant to view the main house.Measures of investment performance at ask price of $459,974 and current average rent of $1,133 are a GRM of 11.27, a 5.87% cap rate, $153,325 per unit, $169.79/sf. Ten recent closed or pending sales indicate a value closet to $465,092.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Appliances: Refrigerator
  • Architecture Style: Other
  • Cooling System: Evaporative
  • Floor Covering: Tile, Vinyl, Wood
  • Heating System: Central Furnace, Forced Air
  • Lot Size: 0.16 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom

VIDEOS AND TOURS

MAP & DIRECTIONS

Get Directions
311 Princeton Drive SE, Albuquerque, NM 87106
View Directions

School Information

311 Princeton Drive SE, Albuquerque, NM 87106

Elementary School
Grades KG-5 | Public School
MONTE VISTA ELEMENTARY SCHOOL
Albuquerque, NM 87106
3211 Monte Vista Blvd NE
505.­260.2030
Distance: 0.5 mi
School Rating
B
Student:Teacher Ratio
15:1
Total Students
427
Middle School
Grades 6-8 | Public School
JEFFERSON MIDDLE SCHOOL
Albuquerque, NM 87106
712 Girard Blvd NE
505.­255.8691
Distance: 0.8 mi
School Rating
C
Student:Teacher Ratio
15:1
Total Students
714
High School
Grades 9-12 | Public School
ALBUQUERQUE HIGH SCHOOL
Albuquerque, NM 87102
800 Odelia Rd NE
505.­843.6400
Distance: 1.8 mi
School Rating
C+
Student:Teacher Ratio
18:1
Total Students
1839
Other Nearby Schools Distance Type Grades School Rating
College And Career High School 0.5 mi Public 9-12 A-
St Charles Borromeo Elementary School 0.6 mi Private PK-8
Bandelier Elementary School 0.6 mi Public KG-5 B-
Mission Achievement And Success 1.0 1.0 mi Public PK-12 A
Albuquerque Institute Of Math & Science 1.0 mi Public 6-12 A
Unm Mimbres School 1.1 mi Public PK-12
Lowell Elementary School 1.2 mi Public KG-5 D+
Coral Community Charter 1.2 mi Public PK-8
Media Arts Collaborative Charter 1.2 mi Public 6-12 B-
Highland High School 1.3 mi Public 9-12 D+
Highland Autism Center 1.4 mi Public PK-12
Kirtland Elementary School 1.5 mi Public PK-5 D+
Eugene Field Elementary School 1.5 mi Public PK-5 D+
Zia Elementary School 1.5 mi Public KG-5 B-
Immanuel Lutheran School 1.6 mi Private PK-8
Longfellow Dual Language Magnet Elementary School 1.6 mi Public KG-5 D
Immanuel Lutheran School 1.6 mi Private PK-8
William W & Josephine Dorn Charter Community School 1.6 mi Public KG-5 B
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Albuquerque, NM 87106

Median Age: 36.2
Married: 26%
Number of Households: 11,923
Households with Children: 17.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.