Homes by Carolyn Fischman

200 PENNSYLVANIA Street NE, Albuquerque, NM 87108 (MLS# 1010548)

200 PENNSYLVANIA Street NE, Albuquerque, NM 87108

$1,950,000
Property Type: Residential Income Lot Size (sq. ft.): 3,049 Status: Closed
Current Price: $1,950,000 List Date: 3/12/2022 Last Modified: 7/20/2025

Overview

Description

The property has many recent updates including new TPO roofs, brand new solar panels to cut utility costs, new exterior paint throughout, several of the units have been moderately updated, and new w/d machines. The 30 door, investment property that sits in a convenient location with many long-term tenants is ready for its new owner. Upgrade the units and increase the rents to create additional cashflow!

Listing Details MLS# 1010548

Status Change Info

Pending Date
2022-03-23
Closing Date
2022-05-27

Contract Information

Allowance/Concession
No

Location

Street #
200
Street Name
PENNSYLVANIA
St Suffix
Street
Post Direction
NE
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87108
MLS Area Major
70 - Fairgrounds
Zone Atlas
K19

General Property Description

# of Units
30
5+ Units
Yes
Property Sub-Type
Multi-Family
SqFt Source
Per Appraisal
Lot Size Source
Survey
Acres
0.07
Lot SqFt
3049.2
Directions
Take I-40 South on Louisiana, east on Central, North on Pennsylvania.
Stories
2
Total # of Buildings
2
Year Built
1973
Year Built Exception
Unknown
Age
41 - 50
Disability Access
Unknown
LBP Disclosure
Yes
Builder
Unknown
Owner Occupant Unit
No
Flood Zone
X

Basement

Basement YN
No

Sales Info

Trade/Xch Considered
No

More Information

# of Unit Types (1)

# of Units
30
# Baths
Yes
Approx. SqFt
400
Actual Rent
500
Max Rent
630
Market Rent
600

Unit Summary

Total Units
30
Average Unit Size
400
Average Actual Rent
500
Annualized
180000
Total Actual Rent
15000

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Laundry Community; Outside Lights; Security Gate Appliances included: Convection Oven; Free-Standing Gas Range; Refrigerator Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Wall Unit Cooling: Evaporative Cooling Flooring: Tile Electric Provider: Public Utility Electric: None Irrigation Source: Other - See Remarks Metering: All Master Metering Operating Expenses: Insurance; Property Management; Property Taxes; Repairs/Maintenance; Utilities Owner Pays: Some Utilities Tenant Pays: Other - See Remarks Parking: 1 Space Per Unit Roof: TPO (G) Rental Info: Rental History Avail; Yearly Lease Finance Considered: Cash; Conventional Source: Other - See Remarks Zoning: MX-M*

Documents

Listing Office: Rhino Realty Property Mgmt LLC
Last Updated: July - 20 - 2025
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.

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