125 DAMON Street, Rio Communities, NM 87002
$350,000
Property Type:
Residential Income
Square Footage:
2,580
Lot Size (sq. ft.):
19,166
Status:
Closed
Current Price:
$350,000
List Date:
5/19/2021
Last Modified:
2/16/2022
Description
Just completed extensive remodel of this unique income property In Rio Communities. Belen area is experiences severe shortage of rental units. Have prospect interested in unit A, if investor purchase.
Improvements include: new windows, stucco patch & complete exterior repaint (to be completed by 5/24), 1 of 2 septic tanks replaced by Frank's septic, all new flooring, lighting, counters, & interior paint. Some appliances replaced. 1 unit available for owner-occupied purchase and showings.
More Information MLS# 992288
Status Change Info
Pending Date: 2021-05-20
Closing Date: 2021-07-30
Contract Information
Listing Price: 350000
Current Price: $350,000
List Price/SqFt: 135.66
Status: Closed
Bank Owned: No
Location
Street #: 125
Street Name: DAMON
St Suffix: Street
County: Valencia
City/Town Code: Rio Communities
State/Province: NM
Zip Code: 87002
Zip +4: 6141
Geo Lat: 34.647968
Geo Lon: -106.731249
Area: 760 - Rio Communities/Tierra Grande
Zone Atlas: RRR9
City/County Data
UPC Code: 1 009 027 524 376 000280
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 2580
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.44
Lot SqFt: 19166
Directions: From I25, go east on W Reinken Ave (turns into E Reinken Rd), go south on Rio Communities Blvd, east on Damon to address (no sign)
Stories: 2
Total # of Buildings: 1
Year Built: 1977
Age: 41 - 50
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 14-037
Current Taxes: 1201.68
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 36000
Operating Expenses: 10800
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 750
Max Rent: 750
Market Rent: 750
Unit Summary
Total Units: 4
Average Unit Size: 750
Average Actual Rent: 750
Annualized: 36000
Total Actual Rent: 3000
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Balconies/Deck; Ceiling Fan(s); Wshr/Dryr HU in Unit
Appliances included: Dryer H/U; Frestnd Elec Stv/Ovn; Refrigerator; Washer H/U
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Not Available; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Carpet; Laminate
Electric Provider: Public Utility
Electric: None
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Repairs/Maintenance; Utilities
Owner Pays: Water
Tenant Pays: Electric; Gas
Parking: 2+Spaces Per Unit; Guest Parking
Roof: Metal; Pitched
Rental Info: Current Lse Agreemnt; Deposits; Yearly Lease
Finance Considered: Cash; Conventional; FHA; VA
Zoning: R-2
Documents
APOD ›
Floorplan ›Listing Office: Keller Williams Realty
Last Updated: February - 16 - 2022
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