NOT LISTED FOR SALE
2 Beds
1 Bath
2,607 Sq Ft
6,970 Sq Ft Lot

Last Sold July 12, 2016

427 Days on Market

Highlights

  • Wood Flooring
  • Two cooling system units
  • Property has 1 Level
  • Albuquerque High School Rated A-
  • Floor Furnace

About This Home

As of July 2016

Owner/broker's 4 vintage units + a 1-car garage (could rent for $120/mo?). High demand, Downtown/Old Town corner lot, near cafes, galleries, parks, laundry, grocery, etc. Both are new, warrantied roofs, plus newer sewer line on corner duplex. Seller will provide new sewer + add'l patio for small duplex at MLS list $! Newer elect. service in 2005-6?? Low maintenance gravel, 3 fenced yards or patios, (niche rentals for pet owners). Great area upside as Mayor's plans for downtown mature! (Remember the late 90's when the city got involved??) Add'l units for sale in Downtown/Old Town area, (see MLS 865664) Some assumable owner financing w/lg dn. FHA/Reverse Mtg. potential? None in ''rental'' areas.

Last Agent to Sell the Property

Joseph Shaw

Shaw & Shaw Ltd., Realtors License #6507 Listed on: 04/09/2015

Last Buyer's Agent

Robert Northcutt

Maddox & Co/REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Additional Parcels

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction

Interior Spaces

  • 2,607 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Free-Standing Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Two cooling system units
  • Evaporated cooling system
  • Multiple Heating Units
  • Floor Furnace
  • Heating System Uses Gas
  • Wall Furnace
  • Co-Op Water

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 101305848323844808

Community Details

Overview

  • 4 Units
  • 2,607 Sq Ft Building
  • Perea Add Subdivision

Building Details

  • Operating Expense $8,000
  • Gross Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,994

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From 12th & Lomas (downtown) go north to Marble, property on right from alley to 11th St.
  • Year Built: 1920
  • Lot Size Acres: 0.16
  • Subdivision Name: Perea Add
  • Unit Levels: One
  • Property Sub Type Additional: Quadruplex
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Free-Standing Electric Range, Free-Standing Gas Range, Disposal, Refrigerator
  • Stories: 1
  • Number Of Buildings: 3
  • Accessibility Features: None
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 2607.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, Principal is Real Estate Licensed
  • Builder Name: unknown
  • Construction Type: Block, Frame

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Evaporative Cooling, 2 Units
  • Heating: Floor Furnace, Gas, Multiple Heating Units, Wall Furnace
  • Utilities: Electricity Available, Natural Gas Available, Municipal Utilities, Water Available
  • Water Source: Community/Coop
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: Yes
  • Parcel #: 101305848323844808
  • Zoning Description: SU-2

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31000.0
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 1994.02

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
07/12/2016 07/12/16 Sold -- -- --
06/09/2016 06/09/16 Pending -- -- --
04/09/2015 04/09/15 For Sale $285,000 -- $109 / 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: 837582

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-013-058-483-238-4-48-08