NOT LISTED FOR SALE
2 Beds
1 Bath
2,700 Sq Ft
6,752 Sq Ft Lot

Last Sold March 06, 2020

96 Days on Market

Highlights

  • Evaporated cooling system
  • Wall Furnace
  • 5-minute walk to The Phil Chacon Park
  • Patio
  • Property has 1 Level

About This Home

As of March 2020

You won't find a better performing property anywhere in this area or price range! Price is based on Gross Annual Rents of $34,800 at 10.7% Cap rate. GRM is 6.25. All units are two bedroom one bath apartments recently renovated with new laminate flooring, new kitchen cabinets, new sinks, new countertops, new ranges, new dishwashers, new washer/dryers, new refrigerators, and double pane windows. Parking is lit by new and efficient LED lighting. All four units are separately metered and tenants pay for gas and electric.

Last Agent to Sell the Property

Frederick Reed

ABQ Properties LLC License #18963 Listed on: 11/14/2019

Last Buyer's Agent

Frederick Reed

ABQ Properties LLC License #18963 Listed on: 11/14/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1963

Lot Details

  • 6,752

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • 6,752 Sq Ft Lot

Community Details

  • 2,700 Sq Ft Building

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101905604238620214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Louisiana and Zuni, east on Zuni to Alcazar, south on Alcazar to property.
  • Listing Contract Date: 2019-11-14
  • Year Built: 1963
  • Lot Size Acres: 0.15
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 51 - 60
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Appliances: Dryer, Dishwasher, Free-Standing Electric Range, Refrigerator, Range Hood, Washer
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2700.0

Exterior Features

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

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Circuit Breakers
  • Heating: Wall Furnace
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Patio

Lot Info

  • Lot Size Sq Ft: 6752.0
  • Parcel #: 101905604238620214
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1368.0

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
03/06/2020 03/06/20 Sold -- -- --
02/19/2020 02/19/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $217,800 0.0% $81 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $217,800 +47.2% $81 / Sq Ft
03/30/2018 03/30/18 Sold -- -- --
02/12/2018 02/12/18 Pending -- -- --
12/16/2017 12/16/17 For Sale $148,000 -- --
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: 957810

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-056-042-386-2-02-14