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1545 Arroyo Lane, Bernalillo, NM 87004

$450,000
Property Type: Residential Income Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $450,000 List Date: 5/10/2022 Last Modified: 7/08/2022

Description

Fantastic opportunity to own this unique 3 dwelling property on 1 acre in convenient Bernalillo location! This property has the potential to be an absolute cash cow! Property consists of 3 units. Main house/owner's unit is a 3 bed 2 bath home. Guest house is a 3 bedroom 1 bath home. Efficiency unit is a 2 bed 1 bath home. 2 of the units have owned propane tanks. 1 unit has a leased propane tank. City water/city sewer. Separately metered for gas. Owner pays water/sewer/trash and electricity.

More Information MLS# 1014347

Status Change Info

Pending Date: 2022-05-26 Closing Date: 2022-07-08

Contract Information

Listing Price: 450000 Current Price: $450,000 Status: Closed Bank Owned: No

Location

Street #: 1545 Street Name: Arroyo St Suffix: Lane County: Sandoval City/Town Code: Bernalillo State/Province: NM Zip Code: 87004 Zip +4: 5989 Geo Lat: 35.316029 Geo Lon: -106.583319 Area: 170 - Bernalillo/Algdones Zone Atlas: 103

City/County Data

UPC Code: 1018073035416

General Property Description

# of Units: 3 5+ Units: No Property Sub-Type: House Plus Unit(s) Lot Size Source: On-Line Acres: 1 Lot SqFt: 43560 Directions: From 550 and 528, south on 528 until Arroyo Lane, West on Arroyo Lane until address. Stories: 1 Total # of Buildings: 3 Year Built: 1988 Age: 31 - 40 Disability Access: Unknown LBP Disclosure: No Builder: unknown Owner Occupant Unit: No Flood Zone: X

Tax & Legal Info

GRT Code: 29-120 Current Taxes: 2478.16 Tax Exemption: Unknown

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 3 # Baths: 2 Approx. SqFt: 2000 Actual Rent: 1000 Max Rent: 1600 Market Rent: 1600

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 3 # Baths: 1 Approx. SqFt: 1600 Actual Rent: 1000 Max Rent: 1400 Market Rent: 1400

# of Unit Types (3)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 500 Actual Rent: 800 Max Rent: 1200 Market Rent: 1200

Unit Summary

Total Units: 3 Average Unit Size: 1366.66 Average Actual Rent: 933.33 Annualized: 33600 Total Actual Rent: 2800

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Owners Unit Appliances included: Dryer H/U; Washer H/U Utilities: Electricity Connected; Propane Leased; Propane Owned; Septic; Water Connected Heating: Central Forced Air; Propane; Wall Unit; Wood Stove Cooling: Evaporative Cooling Flooring: Carpet; Tile Electric Provider: Public Utility Electric: None Owner Pays: Electric; Sewer; Trash Removal; Water Tenant Pays: Gas Roof: Pitched Rental Info: Month To Month Finance Considered: Cash; Conventional; Owner Financing Zoning: R-1
Listing Office: Keller Williams Realty
Last Updated: July - 08 - 2022

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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