NOT LISTED FOR SALE
2 Beds
1 Bath
3,351 Sq Ft
9,148 Sq Ft Lot

Last Sold December 17, 2021

7 Days on Market

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of December 2021

Great Investment Opportunity on this 4 Plex that has a TON of upside and value add. Property was recently re-stuccoed. Actual current rents boast a 5.75% Cap Rate with all 4 units below market rent. Not to mention a laundry room that is not in operation currently. Before tax Annual Rate of Return of 12.33%, $3,921 Cash Flow and 5.14% Cash on Cash.

Last Agent to Sell the Property

PS Team

CENTURY 21 Camco Realty Listed on: 10/12/2021

CENTURY 21 Camco Realty

Co-Listed By

Guy Gemmer

PS Properties License #17797

Last Buyer's Agent

Kay Azbill

Berkshire Hathaway NM Prop License #19704

Berkshire Hathaway NM Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1978

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,351 Sq Ft Home
  • Property has 2 Levels

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Co-Op Water

Community Details

  • 3,351 Sq Ft Building

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 102205615838920112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: Apple or Google Maps from Tramway and Central to Western Skies, South to Hanosh Ct.
  • Listing Contract Date: 2021-10-12
  • Year Built: 1978
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: PSCP01
  • Co List Office Phone: (505) 553-2640
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3351.0

Exterior Features

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

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Sewer Connected, Water Available, Water Connected
  • Water Source: Community/Coop
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 102205615838920112
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2217.92

Range of Values:

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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
12/17/2021 12/17/21 Sold -- -- --
10/19/2021 10/19/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $316,000 -- $94 / 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: 1002759

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-056-158-389-2-01-12