$593,000
$89K PRICE DROP

Estimated payment $3,418/month

Total Views 43,028
1 Bed
1 Bath
3,411 Sq Ft
$174 Price per Sq Ft

Highlights

  • 0.31 Acre Lot
  • Landscaped
  • Carpet
  • Evaporated cooling system
  • Hot Water Heating System
  • 4-minute walk to The Phil Chacon Park

About This Home

DO NOT DISTURB TENANTS.Shown by appointment ONLY and will only be shown with accepted deal.8.00% CAP RATE ON NOI. See broker for financial information.Fully Leased! Recently Remodeled! This Property has been recently remodeled with a number of improvements including new roofs, stucco, windows, doors.Landscaping, paving, and gravel driveway is all new.The units have kitchen remodels including countertops, cabinets, backsplashes, stainless appliances. Apt 1 received a full interior renovation.Apt 2 received a kitchen & living renovation. Apt 3: kitchen renovation, flooring, The 3 bed Home received updates throughout including a kitchen renovation and 3 new refrigerated air units and has a private walled yard area.

Listing Agent

Alfredo Barrenechea

Absolute Investment Realty License #19300 Listed on: 03/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,427

Lot Details

  • 0.31 Acre Lot
  • Landscaped
  • Additional Parcels

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,411 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Free-Standing Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Hot Water Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101905601035020101

Community Details

Overview

  • 4 Units
  • 3,411 Sq Ft Building

Security

  • Complex Is Fenced

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,427

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: Property is Located at the NEC of Louisiana & Southern Blvd.
  • Listing Contract Date: 2023-03-01
  • Lot Size Acres: 0.31
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • ResoBuildingAreaSource: Plans
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Free-Standing Gas Range, Microwave, Refrigerator
  • Stories: 1
  • Number Of Buildings: 3
  • Basement YN: No
  • Total Bedrooms: 1
  • Living Area: 3411.0
  • ResoLivingAreaSource: Plans

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
  • Electric: None
  • Heating: Hot Water, Wall Furnace
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Security: Complex Fenced
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 13500.0
  • Additional Parcels: Yes
  • Parcel #: 101905601035020101
  • Zoning Description: MX-L*

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3426.74

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $94,283 $54,225 $40,058
2023 $3,769 $78,569 $54,225 $24,344
2022 $3,427 $71,426 $49,295 $22,131
2021 $3,427 $71,426 $49,295 $22,131
2020 $3,427 $71,426 $49,295 $22,131
2019 $3,427 $71,426 $49,295 $22,131
2018 $3,427 $71,426 $49,295 $22,131
2017 $3,427 $71,426 $49,295 $22,131
2016 $3,424 $71,426 $49,295 $22,131
2015 $71,426 $71,426 $49,295 $22,131
2014 $3,377 $71,426 $49,295 $22,131
2013 -- $71,426 $49,295 $22,131
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 For Sale $593,000 0.0% $174 / Sq Ft
01/31/2024 01/31/24 Off Market -- -- --
12/08/2023 12/08/23 Price Changed $593,000 -5.1% $174 / Sq Ft
09/11/2023 09/11/23 Price Changed $625,000 -4.6% $183 / Sq Ft
07/03/2023 07/03/23 Price Changed $655,000 +3.8% $192 / Sq Ft
04/20/2023 04/20/23 Price Changed $630,784 -7.5% $185 / Sq Ft
03/16/2023 03/16/23 For Sale $682,275 -- $200 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title
Source: Public Records

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

MLS Number: 1031092

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-019-056-010350-2-01-01