NOT LISTED FOR SALE

216 Espanola St NE Albuquerque, NM 87108

Fairgrounds Neighborhood
2 Beds
1 Bath
2,151 Sq Ft
0.29 Acres

Last Sold October 25, 2013

11 Days on Market

Highlights

  • Evaporated cooling system
  • CRI Green Label Plus Certified Carpet
  • Property has 1 Level
  • Community Storage Space
  • Heating System Uses Gas

About This Home

As of October 2013

Two individual brick tri-plexes**Separately addressed to allow residential financing**Large 2 BR 1 bath units with backyards and storage room**Very well maintained and cared for**Over 10% cap**Excellent cash on cash opportunity**Consistent cash flow**

Last Agent to Sell the Property

Norm McBee

Coldwell Banker Legacy License #4506 Listed on: 09/27/2013

Coldwell Banker Legacy

Last Buyer's Agent

Frederick Reed

Shull & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,916

Lot Details

  • 0.29 Acre Lot
  • Additional Parcels

Parking

  • 6 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,151 Sq Ft Home
  • Property has 1 Level
  • Cooktop

Flooring

  • CRI Green Label Plus Certified Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Heating System Uses Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1019055714216531119

Community Details

Overview

  • 6 Units
  • 2,151 Sq Ft Building

Amenities

  • Community Storage Space

Building Details

  • Insurance Expense $1,512
  • Operating Expense $8,272
  • Gross Income $30,495

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: West on Central from Wyoming**North on Espanola to 216-220
  • Lot Size Acres: 0.29
  • Unit Levels: One
  • Year Built Details: 41 - 50
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Cooktop, Refrigerator
  • Stories: 1
  • Number Of Buildings: 2
  • Total Bedrooms: 2
  • Living Area: 2151.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Lead Based Paint Disclosure
  • Builder Name: Unknown
  • Construction Type: Brick

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Gas, Wall Furnace
  • Utilities: Municipal Utilities
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities

Lot Info

  • Lot Size Sq Ft: 12632.0
  • Additional Parcels: Yes
  • Parcel #: 1019055714216531119
  • Zoning Description: R-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 30495.0
  • Insurance Expense: 1512.0
  • Property Net Operating Income: 22223.0
  • Annual Operating Expense: 8272.0

Tax Info

  • Tax Annual Amount: 2915.56

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
10/25/2013 10/25/13 Sold -- -- --
10/08/2013 10/08/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $220,000 -- $102 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Norm McBee

    Coldwell Banker Legacy

    (505) 450-6676

    29 Total Sales

    Section Image

  • F

    Buyer's Agent in 2013

    Frederick Reed

    Shull & Associates

See All Agents

Map

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

MLS Number: 769767

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-057-142-160-3-11-20

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

216 Espanola St NE, Albuquerque, NM

This home is located at 216 Espanola St NE, Albuquerque, NM 87108 since 27 September 2013. 216 Espanola St NE is a home located in Bernalillo County with nearby schools including La Mesa Elementary School, Hayes Middle School, and Highland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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