NOT LISTED FOR SALE

245 Grove St NE Albuquerque, NM 87108

Fairgrounds Neighborhood
2 Beds
1 Bath
2,155 Sq Ft
6,970 Sq Ft Lot

Last Sold August 08, 2024

1 Day on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Community Storage Space
  • Evaporated cooling system
  • Floor Furnace
  • Property has 1 Level

About This Home

As of August 2024

Cashflowing, stabilized triplex with updates! New roof in 2024, updated electrical servcies and remodeled Apt 3 in 2022, Furnaces replaced in last 6 years, and 2 new water heaters in 2020. Rents are improvable, and 3 attached garages with high density zoning offers a potential value-add opportunity.

Last Agent to Sell the Property

Tim Nisly

Realty One of New Mexico License #53885 Listed on: 07/05/2024

Realty One of New Mexico

Last Buyer's Agent

Sandi Pressley

Coldwell Banker Legacy License #14871

Coldwell Banker Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1956

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,155 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Free-Standing Electric Range

Flooring

  • Wood
  • CRI Green Label Plus Certified Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 2,155 Sq Ft Building
  • Community Storage Space
  • Gross Income $28,080

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101905718919531713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,280

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Directions: From I-40, south on Louisiana to Domingo, east to property.
  • Listing Contract Date: 2024-06-20
  • Year Built: 1956
  • Lot Size Acres: 0.16
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2155.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Electric: None
  • Heating: Floor Furnace, Wall Furnace
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 101905718919531713
  • Zoning Description: R-MH*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28080.0

Tax Info

  • Tax Annual Amount: 2280.3

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
08/08/2024 08/08/24 Sold -- -- --
07/07/2024 07/07/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $290,000 -- $135 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tim Nisly

    Realty One of New Mexico

    (505) 750-8466

    1 in this area

    59 Total Sales

    Tim Nisly
    Section Image
  • Sandi Pressley

    Buyer's Agent in 2024

    Sandi Pressley

    Coldwell Banker Legacy

    (505) 263-2173

    12 in this area

    1,038 Total Sales

    Sandi Pressley
    Section Image
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Map

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

MLS Number: 1066351

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-057-189-195-3-17-13

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

245 Grove St NE, Albuquerque, NM

This home is located at 245 Grove St NE, Albuquerque, NM 87108 since 05 July 2024. This property was built in 1956. 245 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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