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912-936 San Pedro Drive SE, Albuquerque, NM 87108

$2,850,000
Property Type: Residential Income Square Footage: 20,314 Lot Size (sq. ft.): 49,223 Status: Closed
Current Price: $2,850,000 List Date: 10/22/2023 Last Modified: 12/11/2023

Description

Incredible money-makers turn-key 28 units Excellent Private gated courtyards with storage adjacent to each building. Property comes with resident grown vegetable and flower gardens. Many units recently remodeled in 2020, 2021, 2022. A total of seven contiguous fourplex buildings, combined for 28 multi-family units. The 1.13 acre comes with plenty of parking for tenants and guests. The units are 100% occupied with very low overhead expense. Locking entry gates at each end of the courtyards provide privacy and security. Low maintenance properties with everything in place, including professional management and pre-qualified tenancy. Includes a total of seven 1-bedroom 1-bath units and twenty-one 2-bedroom 1-bath units. All units have washer and dryer hookups inside.

More Information MLS# 1028843

Status Change Info

Pending Date: 2023-11-04 Closing Date: 2023-12-11

Contract Information

Listing Price: 2850000 Current Price: $2,850,000 List Price/SqFt: 140.3 Status: Closed Bank Owned: No

Location

Street #: 912-936 Street Name: San Pedro St Suffix: Drive Post Direction: SE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87108 Geo Lat: 35.06485 Geo Lon: -106.577204 Area: 71 - Southeast Heights Zone Atlas: L18

City/County Data

UPC Code: 101805627220642503

General Property Description

5+ Units: No Property Sub-Type: Other - See Remarks Apx Structured SqFt: 20314 SqFt Source: Floorplan Apx Lot Dim Front: N Apx Lot Dim Side: Above Lot Size Source: Broker Acres: 1.13 Lot SqFt: 49223 Directions: Property is located on San Pedro and Anderson road. Stories: 1 Total # of Buildings: 7 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: 02-100 Current Taxes: 14585 Tax Exemption: No

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Ceiling Fan(s); Outside Lights; Private Patios; Security Gate; Wshr/Dryr HU in Unit Appliances included: Dryer; Dryer H/U; Refrigerator; Washer H/U Utilities: Electricity Connected; Sewer Connected Heating: Central Forced Air Cooling: Evaporative Cooling Flooring: Carpet; Tile Green Energy Generation: None Electric Provider: Public Utility Electric: None Miscellaneous Info: Land Lease Owner Pays: Some Utilities; Trash Removal Tenant Pays: Some Utilities Roof: Flat Rental Info: Call Listing Broker Finance Considered: Cash; Conventional; Owner Financing Zoning: MX-L*
Listing Office: Hallmark Realty
Last Updated: December - 11 - 2023

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

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