NOT LISTED FOR SALE

225 Grove St NE Albuquerque, NM 87108

Fairgrounds Neighborhood
2 Beds
1 Bath
1,506 Sq Ft
6,970 Sq Ft Lot

Last Sold July 22, 2022

171 Days on Market

Highlights

  • Wood Flooring
  • Community Storage Space
  • Property has 1 Level
  • Evaporated cooling system
  • Wall Furnace

About This Home

As of July 2022

Second Unit has been rehabbed and we are ready for Investors.... That's right ''2'' newly rehabbed and unlived in units. This is a great opportunity, jump on it. Unit B is represented with photos. Unit A will have new Photos on Friday 6/17 Cap rate of 9% (assumptions, $800 mo., 10% annual expenses.) This one is a winner with off street parking and storage for each unit. Floor plan available for unit B, The units are identical in floorplan and size.

Last Agent to Sell the Property

Thomas Gallegos

Berkshire Hathaway NM Prop License #45240 Listed on: 12/23/2021

Berkshire Hathaway NM Prop

Last Buyer's Agent

Robert Faithe

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,506 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Electric Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • 1,506 Sq Ft Building
  • Community Storage Space

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101905718917031708

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,120

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: Louisiana and Copper, east on Copper to Grove, South to property.
  • Listing Contract Date: 2021-12-20
  • Year Built: 1959
  • Lot Size Acres: 0.16
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 61 - 70
  • Property Sub Type Additional: Duplex
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 1506.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, 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: Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101905718917031708
  • Zoning Description: R-MH*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1120.44

Range of Values:

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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
07/22/2022 07/22/22 Sold -- -- --
06/12/2022 06/12/22 Pending -- -- --
06/12/2022 06/12/22 For Sale $205,000 0.0% $136 / Sq Ft
06/12/2022 06/12/22 Price Changed $205,000 +21.3% $136 / Sq Ft
02/03/2022 02/03/22 Off Market -- -- --
01/04/2022 01/04/22 Pending -- -- --
12/23/2021 12/23/21 For Sale $169,000 -- $112 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Gallegos

    Seller's Agent in 2022

    Thomas Gallegos

    Berkshire Hathaway NM Prop

    (505) 261-8687

    5 in this area

    188 Total Sales

    Thomas Gallegos
    Section Image
  • Robert Faithe

    Buyer's Agent in 2022

    Robert Faithe

    Keller Williams Realty

    (505) 401-0721

    6 in this area

    391 Total Sales

    Robert Faithe
    Section Image
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Map

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

MLS Number: 1006354

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-057-189-170-3-17-08

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

225 Grove St NE, Albuquerque, NM

This home is located at 225 Grove St NE, Albuquerque, NM 87108 since 23 December 2021. This property was built in 1959. 225 Grove 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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