117 High & 121 Street NE, Albuquerque, NM 87102

$1,766,000

121-High-St-NE-Upper-Arrow-Click-or-touc

121-High-St-NE-Main-Arrow-Click-or-touch

121-High-St-NE-Basement-Arrow-Click-or-t

Property Type: Residential Income Square Footage: 9,252 Lot Size (sq. ft.): 24,921 Status: Closed

Current Price: $1,766,000 List Date: 10/27/2021 Last Modified: 6/11/2022

Overview

Description

Dating back over 100 years, the evolution of this amazing property includes stewardship by the Kinney family (who owned it in the 1920s while Bartley Kinney started the famous Kinney Brick Company in the South Valley). Through the years a vast range of owners have collaborated to repurpose this property into the amazing compound that it is today. These 11 unique apartments offer a range of floorplans from 400 square foot studios to a monster 2,100 square foot crows nest apartment on the top floor. Each unit is complimented by historical features, well-preserved vintage finishes, and the most pragmatic, modern updates. Residents love the gleaming hardwood floors, built-ins, enormous windows, & casework as much as the state-of-the-art HVAC systems, and totally renovated kitchens & bath

Listing Details MLS# 1003677

Status Change Info

Pending Date: 2022-03-25
Closing Date: 2022-06-11

Contract Information

List Price/SqFt: 190.88
Allowance/Concession: No

Location

Street #: 117
Street Name: High & 121
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 3622
MLS Area Major: 80 - Downtown Area
Zone Atlas: K14

CityCounty Data

Subdivision Name: Huning Highland Add'n

General Property Description

# of Units: 11
5+ Units: Yes
Units for Sale: 11
Property Sub-Type: Multi-Family
Living Area: 9252
Lot Size Source: On-Line
Acres: 0.57
Lot SqFt: 24921
Directions: From I-25 and Central, west on Central to High, north to the property.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 3
Year Built: 1901
Age: 100+
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Multiple Lots: Three
Flood Zone: X

Basement

Basement: No

More Information

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: Yes
# of Bedrooms: Yes
# Baths: 11
Style: 117-1
Approx. SqFt: 650
Actual Rent: 865
Max Rent: 865
Market Rent: 975

# of Unit Types (2)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Style: 117-2
Approx. SqFt: 650
Actual Rent: 895
Max Rent: 895
Market Rent: 975

# of Unit Types (3)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Style: 117-3
Approx. SqFt: 603
Actual Rent: 745
Max Rent: 745
Market Rent: 975

# of Unit Types (4)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Style: 117-4
Approx. SqFt: 550
Actual Rent: 775
Max Rent: 775
Market Rent: 875

# of Unit Types (5)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Style: 121-Basement
Approx. SqFt: 400
Actual Rent: 735
Max Rent: 735
Market Rent: 875

# of Unit Types (6)

# of Units: Yes
# of Bedrooms: 5
# Baths: 2
Style: 121-Main
Approx. SqFt: 2100
Actual Rent: 2450
Max Rent: 2450
Market Rent: 2450

# of Unit Types (7)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Style: 121-u/s
Approx. SqFt: 1800
Actual Rent: 2200
Max Rent: 2375
Market Rent: 2375

# of Unit Types (8)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Style: 121 A- Cottage
Approx. SqFt: 1019
Actual Rent: 835
Max Rent: 835
Market Rent: 1400

# of Unit Types (9)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Style: 121-B
Approx. SqFt: 506
Actual Rent: 675
Max Rent: 795
Market Rent: 975

# of Unit Types (10)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Style: 121-C
Approx. SqFt: 498
Actual Rent: 650
Max Rent: 795
Market Rent: 975

# of Unit Types (11)

# of Units: Yes
# of Bedrooms: 121
# Baths: Yes
Style: 121-D
Approx. SqFt: 476
Actual Rent: 695
Max Rent: 795
Market Rent: 975

Unit Summary

Total Units: 11
Average Unit Size: 841.09
Average Actual Rent: 1047.27
Annualized: 138240
Total Actual Rent: 11520

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101405751339212304

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 7527

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Some Landscaping: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Vinyl: Yes
Wood: Yes

Heating

Central: Yes
Forced Air: Yes

Owner Pays

Other - See Remarks: Yes

Tenant Pays

Other - See Remarks: Yes

Build Description

Resale: Yes

Appliances included

Refrigerator: Yes

Utilities

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

Electric Provider

Public Utility: Yes

Electric

None: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Other - See Remarks: Yes

Source

Broker Provided: Yes
Owner Provided: Yes

Zoning

R-ML*: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: Vinyl; Wood Electric Provider: Public Utility Electric: None Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Source: Broker Provided; Owner Provided Zoning: R-ML*

Documents

Flyer & APOD ›

LO SO Letter to Buyers, Buyers Brokers ›

Lead Based Paint ›

Tax Levy Disclosure ›

Listing Office: NM Apartment Advisors, Inc.

Last Updated: June - 11 - 2022

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