1119 COAL Avenue SW, Albuquerque, NM 87102

$895,000

Property Type: Residential Income Lot Size (sq. ft.): 14,375 Status: Closed

Current Price: $895,000 List Date: 7/02/2021 Last Modified: 7/22/2021

Overview

Description

Rare find in the Heart of Historic downtown on the edge of the Tingley Beach & the Albuquerque Country Club 10 2-Bedroom 1-Bath Courtyard Units! Loads of potential. Hardwood floors, 8 downstairs units 2 upper level units. 8-Garages interior storage closets, fenced interior courtyard. Individual gas and electric.

Listing Details MLS# 995692

Status Change Info

Pending Date: 2021-07-05
Closing Date: 2021-07-21

Contract Information

Allowance/Concession: No

Location

Street #: 1119
Street Name: COAL
St Suffix: Avenue
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 2877
MLS Area Major: 80 - Downtown Area
Zone Atlas: K13

CityCounty Data

Subdivision Name: Raynolds Addition

General Property Description

# of Units: 10
5+ Units: Yes
Units for Sale: 10
Property Sub-Type: Multi-Family
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.33
Lot SqFt: 14374.8
Directions: West on Lead to 12th Street SW South 1-block to Coal Ave SW 1119 Coal Ave SW property is at the NE corner of 12th & Coal Ave SW
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: Yes
Year Built: 1958
Age: 61 - 70
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Multiple Lots: Four
Flood Zone: X

Basement

Basement: No

More Information

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 2
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 710
Actual Rent: 800
Max Rent: 800
Market Rent: 800

# of Unit Types (2)

# of Units: 2
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 710
Actual Rent: 650
Max Rent: 800
Market Rent: 800

# of Unit Types (3)

# of Units: 3
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 710
Actual Rent: 625
Max Rent: 800
Market Rent: 800

# of Unit Types (4)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 710
Actual Rent: 600
Max Rent: 800
Market Rent: 800

# of Unit Types (5)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 795
Actual Rent: 625
Max Rent: 850
Market Rent: 850

# of Unit Types (6)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 795
Actual Rent: 600
Max Rent: 850
Market Rent: 850

Unit Summary

Total Units: 10
Average Unit Size: 727
Average Actual Rent: 660
Annualized: 79200
Total Actual Rent: 6600

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101305740034111601

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 4825.14

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Enclosed Yard: Yes
Gated: Yes
Some Landscaping: Yes
Sprinklers: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Tile: Yes
Vinyl: Yes
Wood: Yes

Heating

Floor Furnace: Yes
Wall Unit: Yes

Owner Pays

Sewer: Yes
Some Utilities: Yes
Water: Yes

Tenant Pays

Electric: Yes
Garage Rent: Yes
Gas: Yes

Build Description

Resale: Yes

Appliances included

Free-Standing Gas Range: Yes
Refrigerator: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes

Electric Provider

Public Utility: Yes

Electric

None: Yes

Miscellaneous Info

No Sign: Yes
Pets Limited: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Operating Expenses

Property Management: Yes
Property Taxes: Yes
Repairs/Maintenance: Yes

Parking

2 or More Garages: Yes
Street Parking Only: Yes

Roof

Flat: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Current Lse Agreemnt: Yes
Deposits: Yes
Late Fees: Yes
Rental History Avail: Yes

Zoning

R-ML*: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Enclosed Yard; Gated; Some Landscaping; Sprinklers Appliances included: Free-Standing Gas Range; Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Heating: Floor Furnace; Wall Unit Cooling: Evaporative Cooling Flooring: Tile; Vinyl; Wood Electric Provider: Public Utility Electric: None Miscellaneous Info: No Sign; Pets Limited Metering: Individual Electric; Individual Gas Operating Expenses: Property Management; Property Taxes; Repairs/Maintenance Owner Pays: Sewer; Some Utilities; Water Tenant Pays: Electric; Garage Rent; Gas Parking: 2 or More Garages; Street Parking Only Roof: Flat Rental Info: Current Lse Agreemnt; Deposits; Late Fees; Rental History Avail Finance Considered: Cash; Conventional Zoning: R-ML*

Documents

Additional Prop Info ›

Tax Levy Disclosure ›

Plat/Map Survey ›

APOD ›

Listing Office: Maddox & Co/REALTORS

Last Updated: July - 22 - 2021

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