694 TULIP Road SE, Rio Rancho, NM 87124
$475,000
Property Type:
Residential Income
Square Footage:
3,657
Lot Size (sq. ft.):
13,939
Status:
Closed
Current Price:
$475,000
List Date:
10/03/2022
Last Modified:
10/26/2022
Description
Income Producing Property has one
four plex and two triplexes. The four plex is
$475,000 and each triplex is $375,000. Seller would like to sell as a package deal. They feature 2 bedrooms / 2 baths, spacious great room, eat-in kitchen and private rear yard, with
ample parking.
More Information MLS# 1021507
Status Change Info
Pending Date: 2022-10-12
Closing Date: 2022-10-26
Contract Information
Listing Price: 475000
Current Price: $475,000
List Price/SqFt: 129.89
Status: Closed
Bank Owned: No
Location
Street #: 694
Street Name: TULIP
St Suffix: Road
Post Direction: SE
County: Sandoval
City/Town Code: Rio Rancho
State/Province: NM
Zip Code: 87124
Zip +4: 3853
Geo Lat: 35.25376
Geo Lon: -106.721991
Area: 150 - Rio Rancho MiD
Zone Atlas: 51
City/County Data
UPC Code: 1010069138267
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 3657
SqFt Source: Broker
Lot Size Source: Plat
Acres: 0.32
Lot SqFt: 13939.2
Directions: Hwy 528, west on Southern, right on Baltic,
left on Arizona to property.
Stories: 1
Total Stories in Bldg: 1
Total # of Buildings: 1
Year Built: 1997
Age: 21 - 30
Disability Access: No
LBP Disclosure: No
Builder: unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 29-524
Current Taxes: 2911.24
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 48000
Vacation Rental Income: 5000
Sales Info
Trade/Xch Considered: No
# of Unit Types (4)
# of Units: 4
# of Bedrooms: 2
# Baths: 2
Approx. SqFt: 915
Actual Rent: 1000
Max Rent: 1200
Market Rent: 1000
Unit Summary
Total Units: 4
Average Unit Size: 915
Average Actual Rent: 1000
Annualized: 48000
Total Actual Rent: 4000
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Enclosed Yard; No Landscaping; Outside Lights; Private Patios; Wshr/Dryr HU in Unit
Appliances included: Dishwasher; Frestnd Elec Stv/Ovn; Refrigerator
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Underground Utilities; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Tile
Electric Provider: Public Utility
Electric: None
Metering: Individual Gas
Operating Expenses: Insurance; Property Taxes
Owner Pays: Trash Removal
Tenant Pays: Electric; Gas; Sewer; Water
Parking: 2+Spaces Per Unit; Paved Lot
Roof: Pitched; Shingle
Rental Info: Call Listing Broker
Finance Considered: Cash; Conventional; FHA; VA
Zoning: R-3
Listing Office: Coldwell Banker Legacy
Last Updated: October - 26 - 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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