1011 Ortega Road NW, Albuquerque, NM 87114

$845,000

Property Type: Residential Income Square Footage: 6,334 Lot Size (sq. ft.): 48,352 Status: Closed

Current Price: $845,000 List Date: 7/13/2018 Last Modified: 4/27/2019

Overview

Description

Quintessential North Valley * Drive Down a Shady Lane and Into a Lush, Private Compound with a Main House with 5+ Brs(4600+/-) and A Casita (2 BRS/1150 sq ft) and a Garage Apt (1BR/460 sq ft) * Dual Master Bedrooms, One Down with Large Sitting Area * One Room Up Stairs/Fabulous Windows and Light & Spacious Sitting Area and Wood Floors * SunRoom off Kitchen * Vigas * Brick Floors * Storage Galore * Gorgeous Grounds w/pond * Casita Has a Fireplace and Kitchenette ** Apt is Studio Attached to Garage * 2 Car Garage/2 Car Carport * Active B and B Business,''Adobe and Roses B&B'', Three Units +Caretaker Apt, All Zoning Approved, Check 60+Reviews in Trip Advisor * This Property Flows Beautifully Even Though Large ** Income Opportunity at Your Doorstep!

Listing Details MLS# 923827

Status Change Info

Pending Date: 2018-08-23
Closing Date: 2018-11-08

Contract Information

List Price/SqFt: 133.41

Location

Street #: 1011
Street Name: Ortega
St Suffix: Road
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87114
MLS Area Major: 100 - North Valley
Zone Atlas: C15

General Property Description

# of Units: 3
5+ Units: No
Units for Sale: 3
Property Sub-Type: House Plus Unit(s)
Living Area: 6334
SqFt Source: Professional
Lot Size Source: Survey
Acres: 1.11
Lot SqFt: 48352
Directions: East on Ortega From Rio Grande Blvd ** Home Will Be On Your Left( North) Before You Reach Guadalupe Trail or Ditch
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 3
Year Built: 1951
Age: 61 - 70
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

More Information

# of Unit Types (1)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 650
Actual Rent: 1200
Max Rent: 3450
Market Rent: 1725

# of Unit Types (2)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 543
Actual Rent: 1200
Max Rent: 3450
Market Rent: 1680

# of Unit Types (3)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 441
Actual Rent: 900
Max Rent: 2400
Market Rent: 1200

Unit Summary

Total Units: 3
Average Unit Size: 544.66
Average Actual Rent: 1100
Annualized: 39600
Total Actual Rent: 3300

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101506413040220310

Tax & Legal Info

GRT Code: 02-002
Tax Exemption: Yes
Tax Annual Amount: 3481.48

Construction Materials

Adobe: Yes
Frame: Yes
Stucco: Yes

Amenities

Fireplace Some Units: Yes
Owners Unit: Yes

Cooling

Evaporative Cooling: Yes
Multi Units: Yes

Flooring

Brick: Yes
Wood: Yes

Heating

2+ Units: Yes
Central: Yes
Forced Air: Yes
Radiant: Yes

Owner Pays

Electric: Yes
Gas: Yes
Maintenance: Yes
Sewer: Yes
Trash Removal: Yes
Water: Yes

Tenant Pays

None: Yes

Build Description

Resale: Yes

Appliances included

Built-In Gas Range: Yes
Cooktop: Yes
Microwave: Yes
Refrigerator: Yes

Utilities

Electric: Yes
Natural Gas: Yes
Sewer Available: Yes
Well: Yes

Miscellaneous Info

Vacation Rental: Yes

Metering

All Master Metering: Yes

Operating Expenses

Call Listing Broker: Yes

Parking

1 Garage: Yes
Covered: Yes
Other Parking: Yes

Roof

Flat: Yes

Finance Considered

Cash: Yes
Conventional: Yes
Owner Financing: Yes
VA: Yes

Rental Info

Call Listing Broker: Yes

Source

Actual Record: Yes
Info Limited: Yes

Zoning

R-1: Yes

Property Features

Construction Materials: Adobe; Frame; Stucco Build Description: Resale Amenities: Fireplace Some Units; Owners Unit Appliances included: Built-In Gas Range; Cooktop; Microwave; Refrigerator Utilities: Electric; Natural Gas; Sewer Available; Well Heating: 2+ Units; Central; Forced Air; Radiant Cooling: Evaporative Cooling; Multi Units Flooring: Brick; Wood Miscellaneous Info: Vacation Rental Metering: All Master Metering Operating Expenses: Call Listing Broker Owner Pays: Electric; Gas; Maintenance; Sewer; Trash Removal; Water Tenant Pays: None Parking: 1 Garage; Covered; Other Parking Roof: Flat Rental Info: Call Listing Broker Finance Considered: Cash; Conventional; Owner Financing; VA Source: Actual Record; Info Limited Zoning: R-1

Documents

Floorplan ›

Lead Based Paint ›

Sellers Disclosure ›

Tax Levy Disclosure ›

Easement ›

Special Use Permit ›

Listing Office: Ida Kelly Realtors

Last Updated: April - 27 - 2019

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