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6.8 % Cap 3 Units Belen
612 N 3rd St Belen, NM 87002
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Overview
6.8% CAP Rate with 3 Units in the HEART of Belen!.. These nurtured properties were remodeled approx. 3 years ago, complete w/ Metal roofs. The Main home encompasses Approx= 1105 SQ Ft with 2 bed and 1.75 Baths & AMPLE covered parking for this Unit. This home is under rented and numbers can be improved .. Currently @ $1150. Per Month. DUPLEX .. 2 units to the EAST of the Main Home Approx 450 SQ ft each, they each bring in $850.00 Per Month..
For Sale
Multifamily
Secondary Uses: Senior Living
- Sale Price
- $417,000
- Price Per SF
- $139.5/SF
- Building Size
- 2,990 SF
- Acres
- 0.28 ac
- Zoning
- R1
- Zoning Description
- permissive use
- Number of Buildings
- 2
- Year Renovated
- 2020
- Parking Spaces
- 6
- Property Status
- Existing
- Average Occupancy Rate
- 100%
- Total Units
- 3
- Laundry
- In Each Unit
- Nearest Interstate
- 3
- Nearest Highway
- 2
- County
- Valencia
- Created
- 2023-07-29
- Updated
- 2025-03-21
- Listing ID
- 8d45c6df