1121 S MAIN Street, Belen, NM 87002
$425,000
Property Type:
Residential Income
Square Footage:
5,120
Lot Size (sq. ft.):
255,249
Status:
Closed
Current Price:
$425,000
List Date:
11/03/2015
Last Modified:
2/18/2017
Description
Well designed eight unit apartments, age restricted apartments built on 1.019 acres with an additional 4.660 acres considered as excess land.. Secured entry gate and great courtyard.. 5,080 sf..NRA.. metal frame construction with stucco exterior finish.. 100% occupied..meets with ADA requirements. This is an excellent buy with lots of potential for expansion. No sign on property and it can be easily missed. Looks great! Thank you.
More Information MLS# 853217
Status Change Info
Pending Date: 2016-02-19
Closing Date: 2016-02-19
Contract Information
Listing Price: 425000
Current Price: $425,000
List Price/SqFt: 83.01
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 1121
Direction: S
Street Name: MAIN
St Suffix: Street
County: Valencia
City/Town Code: Belen
State/Province: NM
Zip Code: 87002
Geo Lat: 34.646578
Geo Lon: -106.783272
Area: 741 - Belen
Zone Atlas: RRR6
City/County Data
UPC Code: 100602744629000000
General Property Description
# of Units: 8
5+ Units: Yes
Property Sub-Type: 8 Units
Apx Structured SqFt: 5120
SqFt Source: Per Appraisal
Apx Lot Dim Front: 148
Addl Lot Dim: N/A
Apx Lot Dim Side: 1880
Lot Size Source: Survey
Acres: 5.86
Lot SqFt: 255249
Directions: South on I-25 from Albuquerque to Belen.. take the 2nd exit...East to Main Street...South approx. 1/2 mile to address..located on the West side of street.
NO SIGN ON PROPERTY...DO NOT DISTURB TENANTS...Thank you...
Stories: 1
Total # of Buildings: 3
Year Built: 2002
Year Built Exception: New Construction
Age: 1 - 3
# Parking Spaces: 10
Disability Access: Yes
LBP Disclosure: No
Builder: Romero
Owner Occupant Unit: No
Multiple Lots: One
Tax & Legal Info
GRT Code: 14-129
Current Taxes: 2684.22
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Territorial
Approx. SqFt: 635
Actual Rent: 475
Max Rent: 550
Market Rent: 600
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Teritorrial
Approx. SqFt: 635
Actual Rent: 475
Max Rent: 550
Market Rent: 600
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Territorial
Approx. SqFt: 635
Actual Rent: 475
Max Rent: 550
Market Rent: 600
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Territorial
Approx. SqFt: 635
Actual Rent: 475
Max Rent: 550
Market Rent: 600
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Territorial
Approx. SqFt: 635
Actual Rent: 475
Max Rent: 550
Market Rent: 600
# of Unit Types (6)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Territorial
Approx. SqFt: 635
Actual Rent: 475
Max Rent: 550
Market Rent: 600
# of Unit Types (7)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Territorial
Approx. SqFt: 635
Actual Rent: 475
Max Rent: 550
Market Rent: 600
# of Unit Types (8)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Territorial
Approx. SqFt: 635
Actual Rent: 450
Max Rent: 550
Market Rent: 600
Unit Summary
Total Units: 8
Average Unit Size: 635
Average Actual Rent: 471.87
Annualized: 45300
Total Actual Rent: 3775
Property Features
Construction: Metal
Exterior Material: Stucco
Amenities: Enclosed Yard; Outside Lights; Security Gate; Wshr/Dryr HU in Unit
Appliances included: Dishwasher; Dryer; Frestnd Gas Stv/Ovn; Refrigerator; Washer
Utilities: All City; Electric; Natural Gas
Heating: Central Forced Air; Gas
Cooling: Evaporative Cooling
Flooring: Carpet
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: All
Owner Pays: Sewer; Trash Removal
Tenant Pays: Electric; Gas
Parking: Assigned Parking; Other Parking
Roof: Flat; Tar Gravel
Rental Info: Deposits; Lst Mnth Rnt Prepaid; Yearly Lease
Finance Considered: Cash
Source: Owner Provided
Zoning: A-1; R-2
Listing Office: Coldwell Banker Legacy
Last Updated: February - 18 - 2017
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