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Albuquerque, NM 87108

$2,850,000
Property Type: Residential Bedrooms: 49 Baths: 49 Square Footage: 20,314 Lot Size (sq. ft.): 49,223 Status: Closed
Current Price: $2,850,000 List Date: 10/22/2023 Last Modified: 12/17/2023

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# 1028703

Status Change Info

Pending Date: 2023-11-04 Closing Date: 2023-12-16

Contract Information

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

Location

City/Town Code: Albuquerque State/Province: NM Zip Code: 87108 Directions: Property is located on San Pedro and Anderson road. Area: 71 - Southeast Heights Zone Atlas: L18

General Property Description

Property Sub-Type: Attached Permanent Foundation: Yes Offsite Built: No Total Units: 28 Unit Location: Above Unit Entry Level: 28 Stories in Unit: 1 Total Stories in Bldg: 1 Attached Type: None UPC Unitized: No Fireplace: No Stories: 1 Faces: North Builder: Unknown Apx Structured SqFt: 20314 SqFt Source: Broker Lot Acres: 1.13 Lot SqFt: 49223 Lot Size Source: Broker Flood Zone: X Disability Access: No PBR on Main: Yes Bedrooms: 49 Baths - Full: 49 Total Bathrooms: 49 Primary Bath Desc: Full Bath Private Pool: No Elementary School: Emerson Middle School: Wilson High School: Highland Age: 41 - 50 Year Built: 1977 LBP Disclosure: Yes Basement: No Guest House: No Loft: No

Tax & Legal Info

UPC Code: 101805627220642503 Short Legal Desc: * K 1 MANKINS REPLAT OF BLKS 1 & 2 ELDER HOMESTEAD ADDN GRT Code: 02-100 Current Taxes: 14585 Tax Exemption: No PID: No

Rooms

Kitchen Level: Main Kitchen Length: 7.7 Kitchen Width: 17 Living Room Level: Main Living Room Length: 11.6 Living Room Width: 17.1 Primary Bedroom Level: Main Primary Bedroom Length: 10.3 Primary Bedroom Width: 13

Sunroom

Sunroom: No

Green

Green: No HERS: No

Miscellaneous

Guard House/Service: No Hist Prop/Lndmk: No Rented: No Land Lease: No

Association Details

Association: No

Sales Info

Seller Assist Ofrd: No Trade/Xch Considered: No

Property Features

Build Description: Resale Other Structures: Storage Rooms: Kitchen; Living Room; Primary Bedroom Laundry Location: None Laundry Power: None Land Use: Subdivided Roof: Flat Construction: Frame Exterior Material: Stucco Exterior Features: Alley; Courtyard Interior Features: Walk-In Closet(s) Appliances: Dryer; Dryer H/U; Refrigerator; Washer H/U Utilities: Electricity Connected; Sewer Connected Heating: Central Forced Air Cooling: Evaporative Cooling Wastewater: Public Sewer Water Source: City Water Landscape: SW Natural Ldscp (G) Flooring: Carpet; Tile Windows: Thermal-Double Pane Green Energy Generation: None Electric Provider: Public Utility Electric: None Lot Description: Corner Finance Considered: Cash; Conventional; Owner Financing Road Frontage Type: Public Road Possession: Day of Funding Zoning: MX-L*

Room Information

Living Room Length: 11.60 Length: 11.60 Width: 17.10 Width: 17.10 Level: Main Kitchen Length: 7.70 Length: 7.70 Width: 17.00 Width: 17.00 Level: Main Primary Bedroom Length: 10.30 Length: 10.30 Width: 13.00 Width: 13.00 Level: Main
Listing Office: Hallmark Realty
Last Updated: December - 17 - 2023

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

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.