NOT LISTED FOR SALE

310 La Veta Dr NE Albuquerque, NM 87108

Fairgrounds Neighborhood
1 Bed
1 Bath
3,169 Sq Ft
4,792 Sq Ft Lot

Last Sold March 01, 2022

6 Days on Market

Highlights

  • Evaporated cooling system
  • Forced Air Heating System
  • CRI Green Label Plus Certified Carpet
  • Zia Elementary School Rated A-
  • Community Storage Space

About This Home

As of March 2022

Offer Accepted, just waiting on signatures. 8 Units Total - Each 4 Plex has a 2 Bedroom Owner Unit and 3 Large 1 Bedrooms. Seller Prefers to sell them together. Great North East Location with rent upsides and room for improvement. This property offers a potential 6.65% CAP Rate with the current rents along with a 10.31% Cash on Cash, and 14.9% before Tax Rate of Return. Units offer value add with Laundry Hook Ups in Unit and Storage Units onsite. Units have private backyards and large floor plans.

Last Agent to Sell the Property

PS Team

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

CENTURY 21 Camco Realty

Co-Listed By

Guy Gemmer

PS Properties License #17797

Last Buyer's Agent

Jonathan Tenorio

Keller Williams Realty License #50026

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1960

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,169 Sq Ft Home
  • Property has 2 Levels
  • Free-Standing Electric Range

Flooring

  • CRI Green Label Plus Certified Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for common area maintenance, sewer, trash collection, water
  • Assessor Parcel Number 101805709027020411

Community Details

Building Details

  • Manager's Unit
  • Operating Expense $13,186
  • Gross Income $33,816

Additional Features

  • 3,169 Sq Ft Building
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,015

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Copper and San Mateo East to La Veta, South to Property on Left
  • Listing Contract Date: 2021-12-20
  • Year Built: 1960
  • Lot Size Acres: 0.11
  • 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, Vinyl
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 3169.0
  • Stories: 2

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, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Storage Facilities

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 101805709027020411
  • Zoning Description: R-MH*

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 33816.0
  • Annual Operating Expense: 13186.0

Tax Info

  • Tax Annual Amount: 2015.32

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
03/01/2022 03/01/22 Sold -- -- --
12/27/2021 12/27/21 Pending -- -- --
12/21/2021 12/21/21 For Sale $285,000 -- $90 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    PS Team

    CENTURY 21 Camco Realty

    (505) 259-9089

    6 in this area

    126 Total Sales

    PS Team
    Section Image
  • Guy Gemmer

    Seller Co-Listing Agent in 2022

    Guy Gemmer

    PS Properties

    (505) 890-6993

    5 in this area

    30 Total Sales

    Guy Gemmer
    Section Image
  • Jonathan Tenorio

    Buyer's Agent in 2022

    Jonathan Tenorio

    Keller Williams Realty

    (505) 410-8568

    7 in this area

    801 Total Sales

    Jonathan Tenorio
    Section Image
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Map

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

MLS Number: 1006309

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-057-090-270-2-04-11

New Mexico Bernalillo County Albuquerque 87108 Fairgrounds

310 La Veta Dr NE, Albuquerque, NM

This home is located at 310 La Veta Dr NE, Albuquerque, NM 87108 since 21 December 2021. This property was built in 1960. 310 La Veta Dr NE is a home located in Bernalillo County with nearby schools including Zia Elementary School, Jefferson 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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