NOT LISTED FOR SALE

420 Kentucky St SE Albuquerque, NM 87108

South San Pedro Neighborhood
2 Beds
1 Bath
1,600 Sq Ft
6,970 Sq Ft Lot

Last Sold June 14, 2024

6 Days on Market

Highlights

  • Evaporated cooling system
  • Landscaped
  • Property has 1 Level
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of June 2024

Great investment opportunity!! This Duplex is priced to SELL!! Large 2 bedroom units with onsite storage. With a little effort and investment, this duplex can be a fantastic opportunity. Needs updates, with potential for value add. Current estimated cap rate of 8% with an estimated pro forma cap rate of 10%. Duplex is sold ''As Is''. Unit B has an extended large yard in the back. Unit A shares the front yard with Unit B. Tenants are month to month. No showings until we have an accepted offer. Call for more information!

Last Agent to Sell the Property

NM Home Deals

Keller Williams Realty Listed on: 04/19/2024

Keller Williams Realty

Last Buyer's Agent

Zulema Mendoza

N & D Realty & Property Mgmt License #REC20221151

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1960

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped

Home Design

  • Duplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • Property has 1 Level
  • Indoor Grill

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection
  • Assessor Parcel Number 101805650249313118

Community Details

Overview

  • 1,600 Sq Ft Building

Building Details

  • Operating Expense $1,800
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,693

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Directions: Go South on Zuni from Zuni and Louisiana, turn left towards Kentucky St SE. Property will be on the left side of Zuni rd
  • Year Built: 1960
  • Lot Size Acres: 0.16
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, See Remarks, Tile
  • Appliances: Indoor Grill, Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 1600.0

Exterior Features

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

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101805650249313118
  • Zoning Description: R-MH*

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16800.0
  • Annual Operating Expense: 1800.0

Tax Info

  • Tax Annual Amount: 1693.3

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold -- -- --
04/26/2024 04/26/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $185,000 -- $116 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • NM Home Deals

    Seller's Agent in 2024

    NM Home Deals

    Keller Williams Realty

    (505) 620-2549

    7 in this area

    528 Total Sales

    NM Home Deals
    Section Image

  • Z

    Buyer's Agent in 2024

    Zulema Mendoza

    N & D Realty & Property Mgmt

    (505) 228-6523

    1 in this area

    72 Total Sales

    Zulema Mendoza
    Section Image
See All Agents

Map

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

MLS Number: 1061088

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-018-056-502-493-1-31-18

New Mexico Bernalillo County Albuquerque 87108 South San Pedro

420 Kentucky St SE, Albuquerque, NM

Not Listed for Sale

MultiFamily

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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