NOT LISTED FOR SALE
1 Bed
1 Bath
1,470 Sq Ft
6,970 Sq Ft Lot

Last Sold June 25, 2019

52 Days on Market

Highlights

  • Wood Flooring
  • Ductless Heating Or Cooling System
  • Community Storage Space
  • Bandelier Elementary School Rated A-
  • Laundry Facilities
  • Wall Furnace

About This Home

As of June 2019

University Heights investment property! This remodeled tri-plex features so many recent updates, including a new roof, refreshed exterior, upgraded landscaping, expanded front unit, on-site laundry, off-street parking, and many more recent updates. Upgrades including mini-split heating and cooling and remodeled kitchens and bathrooms in two of the units means minimal to no maintenance and repairs in the future. The site also includes additional storage for each unit and common areas for the residents! The property is ideally located within walking distance to UNM, CNM, Smith's, and local breweries and coffee shops! The tri-plex has gross monthly income of $2,125. Unit A - 1 Bedroom with $750/month in rent, Unit B - 1 Bedroom with $725/month in rent, Unit C - Studio with $650/month rent.

Last Agent to Sell the Property

Jason Dencklau

Coldwell Banker Legacy License #48797 Listed on: 03/28/2019

Coldwell Banker Legacy

Last Buyer's Agent

Matthew Gonzales

Realty One of New Mexico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1941

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Frame Construction

Interior Spaces

  • 1,470 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Gas Range

Flooring

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Ductless Heating Or Cooling System
  • Evaporated cooling system
  • Refrigerated Cooling System
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101605704707530617

Community Details

Overview

  • 3 Units
  • 1,470 Sq Ft Building
  • University Heights Add Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Operating Expense $8,627
  • Gross Income $25,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,402

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Directions: Coal east of I-25 past Buena Vista and Yale to Harvard south to 410.
  • Listing Contract Date: 2019-03-26
  • Year Built: 1941
  • Lot Size Acres: 0.16
  • Subdivision Name: University Heights Add
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 71 - 80
  • Property Sub Type Additional: Other
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Free-Standing Gas Range, Refrigerator
  • Stories: 1
  • Number Of Buildings: 2
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 1470.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling, Refrigerated
  • Heating: Ductless, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Laundry Facilities, Storage Facilities

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101605704707530617
  • Zoning Description: R-T*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 25500.0
  • Annual Operating Expense: 8627.0

Tax Info

  • Tax Annual Amount: 2401.74

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
06/25/2019 06/25/19 Sold -- -- --
05/19/2019 05/19/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $275,000 +57.1% $187 / Sq Ft
12/18/2018 12/18/18 Sold -- -- --
09/22/2018 09/22/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $175,000 -- $127 / 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: 940547

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-016-057-047-075-3-06-17