311-313 CHURCH Street, Socorro, NM 87801
$324,900
Property Type:
Residential Income
Square Footage:
3,107
Lot Size (sq. ft.):
14,549
Status:
Closed
Current Price:
$324,900
List Date:
3/16/2022
Last Modified:
5/19/2022
Description
This seven-unit property has a great rental history and many upgrades to the units. All units are rented except one which can be used for showings. Please do not disturb tenants. Property is being sold as-is. Seller prefers Owner Financing. Exterior floor plan validation in progress. Per unit interior sq.ft. provided is estimated.
More Information MLS# 1010697
Status Change Info
Pending Date: 2022-03-20
Closing Date: 2022-05-18
Contract Information
Listing Price: 324900
Current Price: $324,900
List Price/SqFt: 104.57
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 311-313
Street Name: CHURCH
St Suffix: Street
County: Socorro
City/Town Code: Socorro
State/Province: NM
Zip Code: 87801
Zip +4: 4518
Geo Lat: 34.055954
Geo Lon: -106.894837
Area: 621 - South Socorro
Zone Atlas: NOZA
City/County Data
UPC Code: Z397102166
General Property Description
# of Units: 7
5+ Units: Yes
Units for Sale: 7
Property Sub-Type: 7 Units
Apx Structured SqFt: 3107
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.33
Lot SqFt: 14549
Directions: Follow I-25 S to I-25BL/US-60 W/N California St in Socorro. Take exit 150 from I-25 S. Turn right onto Church St.
Stories: 1
Total # of Buildings: 4
Year Built Exception: Unknown
Age: 71 - 80
# Parking Spaces: 7
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: Two
Flood Zone: X
Tax & Legal Info
GRT Code: 25-125
Current Taxes: 1481
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 40878
Operating Expenses: 8316
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 400
Actual Rent: 535
Max Rent: 560
Market Rent: 560
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 407
Actual Rent: 545
Max Rent: 570
Market Rent: 570
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 600
Actual Rent: 585
Max Rent: 600
Market Rent: 600
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 500
Actual Rent: 555
Max Rent: 570
Market Rent: 570
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 400
Actual Rent: 510
Max Rent: 530
Market Rent: 530
# of Unit Types (6)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 400
Actual Rent: 545
Max Rent: 560
Market Rent: 560
# of Unit Types (7)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 400
Actual Rent: 510
Max Rent: 530
Market Rent: 530
Unit Summary
Total Units: 7
Average Unit Size: 443.85
Average Actual Rent: 540.71
Annualized: 45420
Total Actual Rent: 3785
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Some Landscaping
Appliances included: Frestnd Elec Stv/Ovn; Frestnd Gas Stv/Ovn; Refrigerator
Utilities: Electricity Connected; Propane Leased; Sewer Connected; Water Connected
Heating: Electric; Propane
Cooling: Evaporative Cooling; Window Units(s)
Flooring: Tile
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: Sign On Property; Some Furnished
Water Conservation: Greywater Reuse (G)
Operating Expenses: Property Taxes; Repairs/Maintenance; Utilities
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas; Some Utilities
Parking: 1 Space Per Unit
Roof: Metal
Rental Info: Current Lse Agreemnt; Deposits; Late Fees
Finance Considered: Owner Financing
Source: Owner Provided
Zoning: C-1
Listing Office: Weichert, Realtors Image
Last Updated: May - 19 - 2022
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