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801 US-60, Socorro, NM 87801

$195,000
Property Type: Residential Income Square Footage: 4,800 Lot Size (sq. ft.): 10,713 Status: Closed
Current Price: $195,000 List Date: 3/16/2021 Last Modified: 5/27/2021

Description

Own your own Quadplex for a great investment! Well-maintained building with four easy-to-rent apartments. Newly renovated. Built on a concrete slab with tile and vinyl flooring. Each unit has washer/dryer hookups, ceiling fans, gas or electric heat, evaporative cooling and kitchen appliances. New roof in 2014. Large fenced yard, 2 carports and 2 sheds. Landscaping with shade trees. Close to NM Tech, High School and Hospital. Live/Work C-2 zoning. A park near by. 100% occupancy rate! Owner occupant possibilities or keep as an investment.

More Information MLS# 987705

Status Change Info

Pending Date: 2021-03-19 Closing Date: 2021-05-27

Contract Information

Listing Price: 195000 Current Price: $195,000 List Price/SqFt: 40.63 Status: Closed Allowance/Concession: No Bank Owned: No

Location

Street #: 801 Street Name: US-60 County: Socorro City/Town Code: Socorro State/Province: NM Zip Code: 87801 Geo Lat: 34.048771 Geo Lon: -106.904307 Area: 621 - South Socorro Zone Atlas: NOZA

City/County Data

UPC Code: 0010550023 Subdivision: BAGLEY ADDITIN

General Property Description

# of Units: 4 5+ Units: No Property Sub-Type: Four Plex Apx Structured SqFt: 4800 SqFt Source: Per Appraisal Lot Size Source: Per Appraisal Acres: 0.25 Lot SqFt: 10713 Directions: From I-25 turn off first or second exit which you will be on California Street. Turn on Spring Street headed to Magdalena on HWY 60 west. Property will be on your right at Granada and HWY 60 Stories: 1 Total # of Buildings: 1 Year Built: 1960 Year Built Exception: Unknown Age: 61 - 70 # Parking Spaces: 8 Disability Access: No LBP Disclosure: Yes Builder: Unknown Owner Occupant Unit: No Flood Zone: A

Tax & Legal Info

GRT Code: 25-125 Current Taxes: 873.22 Tax Exemption: No

Basement

Basement: No

Income & Expenses

Annual Gross Income: 26500

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Approx. SqFt: 960 Actual Rent: 550 Max Rent: 550 Market Rent: 550

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Approx. SqFt: 932 Actual Rent: 425 Max Rent: 425 Market Rent: 425

# of Unit Types (3)

# of Units: 1 # of Bedrooms: 3 # Baths: 2 Approx. SqFt: 1569 Actual Rent: 630 Max Rent: 630 Market Rent: 630

# of Unit Types (4)

# of Units: 1 # of Bedrooms: 3 # Baths: 2 Approx. SqFt: 1000 Actual Rent: 630 Max Rent: 630 Market Rent: 630

Unit Summary

Total Units: 4 Average Unit Size: 1115.25 Average Actual Rent: 558.75 Annualized: 26820 Total Actual Rent: 2235

Property Features

Construction: Adobe; Block; Frame Exterior Material: Stucco Build Description: Resale Amenities: Ceiling Fan(s); Enclosed Yard; Private Patios; Skylights; Some Landscaping; Tenant Storage Appliances included: Dryer H/U; Frestnd Elec Stv/Ovn; Refrigerator; Washer H/U Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Heating: Electric; Radiant; Wall Unit Cooling: Evaporative Cooling Flooring: Tile; Vinyl Electric Provider: Public Utility Electric: None Miscellaneous Info: No Sign; Pets Limited Operating Expenses: Other - See Remarks Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash Removal; Water Parking: 2+Spaces Per Unit Roof: Metal; Rolled Roofing Rental Info: Deposits; Late Fees; Month To Month; Pet Deposit; Rental History Avail Finance Considered: Cash; Conventional; FHA Source: Owner Provided Zoning: R-1
Listing Office: Realty One of New Mexico
Last Updated: May - 27 - 2021

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

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