NOT LISTED FOR SALE
1 Bed
1 Bath
8,634 Sq Ft
0.3 Acres

Last Sold May 21, 2024

165 Days on Market

Highlights

  • 0.3 Acre Lot
  • Evaporated cooling system
  • Forced Air Heating System
  • Monte Vista Elementary School Rated A-
  • Tile Flooring
  • 4-minute walk to Spruce Park

About This Home

As of May 2024

This 12 unit brick complex is a find near UNM, Presbyterian & Lovelace Hospitals. The 12 units compromise a mix of easily rentable two-bedroom, one-bedroom & studio apartments. The three two bedroom one bathroom units have large, covered patios with views of the City. The property also contains three garages spaces & one laundry facility. The 12 units are currently 100% occupied.

Last Agent to Sell the Property

John Lucero

Realty One of New Mexico, LLC License #47657 Listed on: 10/06/2023

Realty One of New Mexico, LLC

Last Buyer's Agent

Kyle Deacon

Deacon Property Services License #15579

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,461

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot

Home Design

  • Frame Construction

Interior Spaces

  • 8,634 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Free-Standing Gas Range
  • Range Hood

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

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

Community Details

  • 12 Units
  • 8,634 Sq Ft Building

Listing and Financial Details

  • Tenant pays for electricity, gas, minor interior maintenance
  • Assessor Parcel Number 101505723840422901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,461

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From University & Dr. Martin Luther King Jr. drive west on Dr. Martin Luther King Jr. to Spruce Street. Drive South on Spruce Street to Tijeras. First building is on Tijeras & Spruce Street. The units available are 1301, 1303, 1305, &1307 Tijeras.
  • Listing Contract Date: 2023-10-01
  • Year Built: 1950
  • Lot Size Acres: 0.3
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Free-Standing Gas Range, Range Hood
  • Stories: 2
  • Number Of Buildings: 4
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 8634.0

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: Unkown
  • Construction Type: Frame
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deck/Porch

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 101505723840422901
  • Zoning Description: R-T*

Rental Info

  • Tenant Pays: Electricity, Gas, Minor Interior Maintenance

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 4461.26

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold -- -- --
03/20/2024 03/20/24 Pending -- -- --
12/31/2023 12/31/23 Price Changed $1,400,000 -15.2% $162 / Sq Ft
10/06/2023 10/06/23 For Sale $1,650,000 -- $191 / 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: 1042707

Southwest MLS (Greater Albuquerque Association of REALTORS®)