1320 DR MARTIN LUTHER KING JR Avenue NE, Albuquerque, NM 87106
$975,000
Property Type:
Residential Income
Square Footage:
4,020
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$975,000
List Date:
10/02/2022
Last Modified:
11/16/2022
Overview
Description
Listing Details MLS# 1023710
Status Change Info
- Pending Date
- 2022-10-10
- Closing Date
- 2022-11-15
Contract Information
- List Price/SqFt
- 242.54
- Allowance/Concession
- No
Location
- Street #
- 1320
- Street Name
- DR MARTIN LUTHER KING JR
- St Suffix
- Avenue
- Post Direction
- NE
- County
- Bernalillo
- City/Town Code
- Albuquerque
- State/Province
- NM
- Zip Code
- 87106
- Zip +4
- 4640
- MLS Area Major
- 40 - UNM
- Zone Atlas
- K15
CityCounty Data
- Subdivision Name
- N/A
General Property Description
- # of Units
- 12
- 5+ Units
- Yes
- Units for Sale
- 12
- Property Sub-Type
- Multi-Family
- Living Area
- 4020
- SqFt Source
- Professional
- Apx Lot Dim Front
- N/A
- Addl Lot Dim
- N/A
- Apx Lot Dim Side
- N/A
- Lot Description
- Flat
- Lot Size Source
- On-Line
- Acres
- 0.22
- Lot SqFt
- 9583.2
- Directions
- Take Dr. Martin Luther King Jr. Ave. east from I-25 to past Spruce St. and property will be on south side of street.
- Stories
- 2
- Total # of Buildings
- Yes
- Year Built
- 1978
- Year Built Exception
- Unknown
- Age
- 41 - 50
- Disability Access
- No
- LBP Disclosure
- Yes
- Builder
- Unknown
- Owner Occupant Unit
- No
- Multiple Lots
- One
- Flood Zone
- X
Basement
- Basement
- No
More Information
Sales Info
- Trade/Xch Considered
- No
# of Unit Types (1)
- # of Units
- 12
- # Baths
- Yes
- Style
- Studio
- Approx. SqFt
- 325
- Actual Rent
- 562
- Max Rent
- 625
- Market Rent
- 625
Unit Summary
- Total Units
- 12
- Average Unit Size
- 325
- Average Actual Rent
- 562
- Annualized
- 80928
- Total Actual Rent
- 6744
Currently Not Used
- Bank Owned
- No
City/County Data
- UPC Code
- 101505725441022907
Tax & Legal Info
- GRT Code
- 02-100
- Tax Exemption
- No
- Tax Annual Amount
- 1893.76
Construction Materials
- Frame
- Yes
- Stucco
- Yes
Amenities
- Outside Lights
- Yes
- Some Landscaping
- Yes
Cooling
- Evaporative Cooling
- Yes
Flooring
- Carpet
- Yes
- Vinyl
- Yes
Heating
- Wall Unit
- Yes
Owner Pays
- Sewer
- Yes
- Trash Removal
- Yes
- Water
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Income & Expenses
- Annual Gross Income
- 84372
- Operating Expenses
- 28405
Build Description
- Resale
- Yes
Appliances included
- Free-Standing Gas Range
- Yes
- Refrigerator
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Electric Provider
- Public Utility
- Yes
Electric
- None
- Yes
Metering
- Individual Electric
- Yes
- Individual Gas
- Yes
Parking
- 1 Space Per Unit
- Yes
Roof
- Flat
- Yes
- TPO (G)
- Yes
Finance Considered
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Rental Info
- Call Listing Broker
- Yes
Zoning
- R-T*
- Yes
Property Features
Construction Materials:
Frame; Stucco
Build Description:
Resale
Amenities:
Outside Lights; Some Landscaping
Appliances included:
Free-Standing Gas Range; Refrigerator
Utilities:
Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating:
Wall Unit
Cooling:
Evaporative Cooling
Flooring:
Carpet; Vinyl
Electric Provider:
Public Utility
Electric:
None
Metering:
Individual Electric; Individual Gas
Owner Pays:
Sewer; Trash Removal; Water
Tenant Pays:
Electric; Gas
Parking:
1 Space Per Unit
Roof:
Flat; TPO (G)
Rental Info:
Call Listing Broker
Finance Considered:
Cash; Conventional; FHA; VA
Zoning:
R-T*
Documents
Lead-Based Paint Addendum ›
Listing Office:
Berger Briggs RE & Prop Mgmt
Last Updated: November - 16 - 2022
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