NOT LISTED FOR SALE
2 Beds
1 Bath
3,800 Sq Ft
6,970 Sq Ft Lot

Last Sold August 30, 2022

31 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating System
  • CRI Green Label Plus Certified Carpet
  • Evaporated cooling system

About This Home

As of August 2022

This 4-plex has been upgraded and remodeled. Nestled in a tucked away neighborhood near the mountain. stabilized asset in a high rent-growth area. Over 5% CAP RATE on Pro Forma Basis. The rent increases every year. This property does host long standing tenants with good standing in payments. Property was gutted when ownership was transferred and it does meet Federal Housing Conditions. Please do not lose out on this opportunity!

Last Agent to Sell the Property

Aetos Real Estate Services

Keller Williams Realty Listed on: 06/29/2022

Co-Listed By

Leonel Munoz

Keller Williams Realty

Last Buyer's Agent

Eathem Austin

Simply Real Estate License #52904

Simply Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1982

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 3,800 Sq Ft Home
  • Property has 2 Levels
  • Fireplace

Flooring

  • CRI Green Label Plus Certified Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • 3,800 Sq Ft Building

Listing and Financial Details

  • Tenant pays for minor interior maintenance
  • Assessor Parcel Number 102205628330310904

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,099

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: East on Central to Western Skies. Right on Western Skies left to Dunes
  • Listing Contract Date: 2022-06-28
  • Year Built: 1982
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: KWLR03
  • Co List Office Phone: (505) 897-1100
  • Subdivision Name: N/A
  • Unit Levels: Two
  • New Construction: No
  • Year Built Details: 31 - 40
  • Property Sub Type Additional: Quadruplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Living Area: 3800.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 102205628330310904
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Minor Interior Maintenance, Other, See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3098.6

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold -- -- --
07/31/2022 07/31/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $425,000 0.0% $112 / Sq Ft
07/15/2022 07/15/22 Price Changed $424,900 0.0% $112 / Sq Ft
07/06/2022 07/06/22 For Sale $425,000 0.0% $112 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $425,000 -- $112 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1017918

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-056-283-303-1-09-04