$1,600,000
NEW CONSTRUCTION $400K PRICE DROP

Estimated payment $8,574/month

Total Views 59,620
2 Beds
2 Baths
6,148 Sq Ft
$260 Price per Sq Ft

Highlights

  • New Construction
  • Refrigerated Cooling System
  • Forced Air Heating System
  • Albuquerque High School Rated A-
  • Ceramic Tile Flooring
  • 3-minute walk to Barelas Community Center Park

About This Home

NOW COMPLETE!!! CAP Rate 7.5% Sound Investment Opportunity. 3 Story Units with Luxury Amenities and Design. 2 bedroom 2 baths constructed by experienced, Sierra Hacienda Builders. See renderings.

Listing Agent

Thomas Gallegos

Berkshire Hathaway NM Prop License #45240 Listed on: 10/20/2021

Berkshire Hathaway NM Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $588

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • New Construction
  • Proposed Property
  • Home to be built
  • Frame Construction
  • Stucco

Interior Spaces

  • 6,148 Sq Ft Home
  • Property has 3 Levels

Kitchen

  • Built-In Gas Oven
  • Built-In Gas Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Electricity Not Available
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101405705927520204

Community Details

Overview

  • 6,148 Sq Ft Building
  • Built by Sierra Hacienda Builders

Building Details

  • Gross Income $123,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$588

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: South on 8th St. from Central, East on Iron to property.
  • Listing Contract Date: 2021-10-07
  • Lot Size Acres: 0.16
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Concrete, Tile
  • Appliances: Built-In Gas Oven, Built-In Gas Range
  • Stories: 3
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 6148.0
  • Stories: 3

Exterior Features

  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: Sierra Hacienda Builders
  • Construction Type: Frame, Stucco
  • Property Condition: To Be Built

Utilities

  • Cooling: Refrigerated
  • Electric: None
  • Heating: Central, Electric, Forced Air
  • Utilities: Natural Gas Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deck/Porch

Green Features

  • Green Power: None

Lot Info

  • Development Status: Proposed
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 101405705927520204
  • Zoning Description: R-MH*

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 123120.0

Tax Info

  • Tax Annual Amount: 587.6

Map

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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
07/19/2024 07/19/24 Price Changed $1,600,000 0.0% $260 / Sq Ft
07/19/2024 07/19/24 For Sale $1,600,000 -5.9% $260 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $1,700,000 -5.6% $277 / Sq Ft
08/07/2022 08/07/22 Price Changed $1,800,000 -10.0% $293 / Sq Ft
10/20/2021 10/20/21 For Sale $2,000,000 +830.2% $325 / Sq Ft
09/29/2021 09/29/21 Sold -- -- --
07/11/2021 07/11/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $215,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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

MLS Number: 1003217

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-014-057-058-274-2-02-04