12 days on rocket

1016-1110 Wilmoore Dr SE, Albuquerque, NM, 87106

$1,200,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Bath
8,300 SqFt
$145/SqFt
Multi
Schools Nearby

Location

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1016-1110 Wilmoore Dr SE, Albuquerque$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1960
HeatingFloor Furnace, Wall Furnace
CoolingEvaporative Cooling, Multi Unit(s)
MLS #1062104
Lot Size0.66 Acres
StatusActive

About 1016-1110 Wilmoore Dr SE

12-unit portfolio residential investment opportunity near CNM and UNM. Consists of 3 separate fourplex units on adjacent lots being sold together (2/3 of an acre total). Many updates over the past several years, including thermal windows, refinished hardwood floors, bath remodels etc. Apartment interiors have been well-maintained. Storage closets and carports for tenants with extra storage space for owner (including decommissioned laundry room). Very low to no vacancy on these units, they rent fast and stay rented (historical data available for the past 8 years). Each fourplex can be financed individually with residential loans. Great location close to Isotopes Park, colleges, and I-25. Please, do not disturb tenants. Partial owner financing possible.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 2
  • Living Area: 8,300 SqFt

Listing Office:

  • Office Name: Grimes Properties
  • Office Phone: (505) 239-5389
  • Listing Agent: Daniel Grimes

Interior Features

Interior Information:

  • Appliances: Gas Range, Refrigerator
  • Basement: No
  • Flooring Type: Vinyl, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Exterior: Landscaping

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Wall Furnace
  • Cooling: Evaporative Cooling, Multi Unit(s)

School Info

Assigned Schools Information:

  • Albuquerque High School, Public District Grades 9-12
  • Nex Gen Academy, Public District Grades 9-12
  • Wilson Middle School, Public District Grades 6-8
  • Lowell Elementary School, Public District Grades PK-5
  • Coronado Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Yale and Cesar Chavez go west 1 block to Wilmoore, south to address.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $145/SqFt
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Housing Market Comparison

See how this home compares to others in Albuquerque, NM.

Med. Sold Price

$335.6K

Med. Price/SqFt

$201

Avg. Days On Market

26

# of Sold Homes

556

1016-1110 Wilmoore Dr SE vs Albuquerque

12 DAYS ON ROCKET

-14 Days

$1,200,000

+$864.3K More

$145/SqFt

-$56 Less

KEY TAKEAWAY

This property is $864.3K more than the Median Sold Price and $56/SqFt less than other homes in Albuquerque, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWMLS
  • MLS Number: #1062104

Listing Office:

  • Office Name: Grimes Properties
  • Office Phone: (505) 239-5389
  • Listing Agent: Daniel Grimes

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: 5/18/2024, 11:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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.

Elementary School

school-card-donut-3547117
3
/10
  • Lowell Elementary School

  • 1700 Sunshine Ter SE

  • 0.36 miles

  • Public District Grades PK-5

school-card-donut-3547118
6
/10
  • Coronado Elementary School

  • 601 4th St SW

  • 2.14 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3547119
4
/10
  • Wilson Middle School

  • 1138 Cardenas Dr SE

  • 2.53 miles

  • Public District Grades 6-8

High School

school-card-donut-3547120
5
/10
  • Albuquerque High School

  • 800 Odelia Rd NE

  • 2.58 miles

  • Public District Grades 9-12

school-card-donut-3547121
6
/10
  • Nex Gen Academy

  • 5323 Montgomery Blvd NE

  • 5.48 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,752. Most Albuquerque, NM residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesNew MexicoBernalillo CountyAlbuquerque871061016-1110 Wilmoore Dr SE

This home is located at 1016-1110 Wilmoore Dr SE in Albuquerque, NM and zip code 87106 in the Southeast Albuquerque neighborhood. This 8,300 square foot home, which was built in 1960, sits on a 0.66 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $1,200,000.

In April 2024 more than 170 listings in Albuquerque, NM were sold above the asking price. During the same period more than 156 listings were sold at asking price, while more than 230 were sold below. In April 2024 in Albuquerque, NM there were 4.2% less homes for sale than in March 2024. While the average time on the market in April 2024 was 26 days, the median list price was $335,623.

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

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