NOT LISTED FOR SALE
1 Bed
1 Bath
2,976 Sq Ft
0.36 Acres

Last Sold March 25, 2020

Highlights

  • 0.36 Acre Lot
  • Evaporated cooling system
  • Forced Air Heating System
  • Wood Flooring
  • Landscaped
  • Community Storage Space

About This Home

As of March 2020

6-Units! Incredible remodels in prime North Valley setting on .36 acre lot! Long time family ownership. There's a scarcity of rentals in ABQ's lush, historic N'Valley, 1.4 mi to Old Town, walk/bike to Nature Center. Artsy area-Think Airbnb? Five 1 BR/1BA units, each approx 480 SF, have been tastefully re-done with Pella windows, Elastomeric stucco, membrane roofs, designer colors, gleaming hardwood floors, coolers and 40's era specific kitchen/BA improvements. W/D in front and rear units. Mrt rate=$735+/mo. Detached 1 BR/1BA has enclosed front yard, is approx 576 SF, has newer windows, roof, stucco+cooler but interior is mostly 70's-80's era, Mrkt rate=$700+/mo. 10+ parking spaces, garage/outbuilding is 6-car size, one is enclosed garage--could be parking, wkshop, storage for add'n income.

Last Agent to Sell the Property

Mark Boitano

RE/MAX SELECT License #19986 Listed on: 02/11/2020

Last Buyer's Agent

Todd Clarke

NM Apartment Advisors, Inc. License #13711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1946

Lot Details

  • 0.36 Acre Lot
  • Landscaped
  • Additional Parcels

Parking

  • 10 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 2,976 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Gas Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 101206048610540231.

Community Details

Overview

  • 6 Units
  • 2,976 Sq Ft Building

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $10,354
  • Gross Income $53,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,554

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From Candelaria, south on Rio Grande to SW corner of Iris/Rio Grande.
  • Listing Contract Date: 2019-08-10
  • Year Built: 1946
  • Lot Size Acres: 0.36
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 71 - 80
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 3
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 2976.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Central, Forced Air, Floor Furnace, Gas
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities

Lot Info

  • Lot Size Sq Ft: 15756.0
  • Additional Parcels: Yes
  • Parcel #: 101206048610540231.
  • Zoning Description: R-A*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 53320.0
  • Annual Operating Expense: 10354.0

Tax Info

  • Tax Annual Amount: 2554.0

Range of Values:

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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
03/25/2020 03/25/20 Sold -- -- --
02/11/2020 02/11/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $525,000 -- $176 / 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: 962218

Southwest MLS (Greater Albuquerque Association of REALTORS®)