NOT LISTED FOR SALE
2 Beds
1 Bath
2,862 Sq Ft
6,534 Sq Ft Lot

Last Sold May 18, 2018

78 Days on Market

Highlights

  • Wood Flooring
  • Two cooling system units
  • Walk-Up Access
  • Jefferson Middle School Rated A-
  • Laundry Facilities
  • Multiple Heating Units

About This Home

As of May 2018

Amazing house+duplex+garages in historic Huning Highlands/ EDO neighborhood. First time offered for sale since 1980s.Located just east of Downtown Albuquerque's Innovation district, two blocks north of Arthichoke Cafe and one block from the historic library as well as the new ART stop. This property offers a walk score of 86, transit score of 58, and bike score of 86. The property consists of three buildings: 1. Main residence with basement, 2. Duplex with two studios, 3. 2 car garage.At the ask price of $390,000 and as triplex, measure of investment performance include a 13.37 GRM, 5.4% CAP rate, 12.8% before tax IRR.

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 02/05/2018

Last Buyer's Agent

Aaron Wheeler

RE/MAX SELECT

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 1906

Lot Details

  • 6,534 Sq Ft Lot
  • Additional Parcels

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 2,862 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Walk-Up Access

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Multiple Heating Units
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101405744642612402

Community Details

Overview

  • 3 Units
  • 2,862 Sq Ft Building
  • Hunings Highland Add Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $8,229
  • Gross Income $29,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$984

Year Built

Built in 1906

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: From I-25 and I-40 south to Central exit, west to Edith, north to the property - sign is posted.
  • Year Built: 1906
  • Lot Size Acres: 0.15
  • Subdivision Name: Hunings Highland Add
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete, Wood
  • Appliances: Refrigerator
  • Stories: 1
  • Basement: Partially Finished, Walk-Up Access
  • Number Of Buildings: 3
  • Basement YN: Yes
  • Total Bedrooms: 2
  • Living Area: 2862.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Utilities

  • Cooling: Evaporative Cooling, 2 Units
  • Heating: Gas, Multiple Heating Units
  • Utilities: Municipal Utilities
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Additional Parcels: Yes
  • Parcel #: 101405744642612402
  • Zoning Description: SU-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 29172.0
  • Annual Operating Expense: 8229.0

Tax Info

  • Tax Annual Amount: 984.06
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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
05/18/2018 05/18/18 Sold -- -- --
04/24/2018 04/24/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $348,651 -- $122 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,426 $57,415 $10,354 $47,061
2024 $2,352 $55,743 $10,053 $45,690
2023 $2,313 $54,120 $9,760 $44,360
2022 $2,235 $52,544 $9,476 $43,068
2021 $2,160 $51,014 $9,200 $41,814
2020 $2,124 $49,528 $8,932 $40,596
2019 $2,124 $49,528 $8,932 $40,596
2018 $1,051 $49,528 $8,932 $40,596
2017 $1,016 $26,661 $9,476 $17,185
2016 $984 $25,130 $8,932 $16,198
2015 $37,596 $37,596 $8,932 $28,664
2014 $1,512 $37,596 $8,932 $28,664
2013 -- $37,596 $8,932 $28,664
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 910516

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-057-446-426-1-24-02

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