2825 Muriel Street NE, Albuquerque, NM 87112

$1,850,000

Property Type: Residential Income Square Footage: 1,540 Lot Size (sq. ft.): 5,663 Status: Closed

Current Price: $1,850,000 List Date: 3/21/2023 Last Modified: 7/10/2023

Overview

Description

Please do not disturb tenants. 19 units plus laundry room. This listing is with an owner broker.

Listing Details MLS# 1031314

Status Change Info

Pending Date: 2023-04-14
Closing Date: 2023-07-07

Contract Information

List Price/SqFt: 1201.3

Location

Street #: 2825
Street Name: Muriel
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87112
Zip +4: 1760
MLS Area Major: 50 - Northeast Heights
Zone Atlas: H21

General Property Description

# of Units: 19
5+ Units: Yes
Units for Sale: 20
Property Sub-Type: Other - See Remarks
Living Area: 1540
SqFt Source: Broker
Lot Size Source: Broker
Acres: 0.13
Lot SqFt: 5662.8
Directions: From the intersection of Jaun Tabo and Candelaria, head west on Candelaria. Take your first left on Muriel, heading south. Look for the red metal roof buildings.
Stories: 2
Total # of Buildings: 4
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: No

Sales Info

Trade/Xch Considered: No

More Information

# of Unit Types (1)

# of Units: 8
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 950
Actual Rent: 950
Max Rent: 975
Market Rent: 950

# of Unit Types (2)

# of Units: 10
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 700
Actual Rent: 750
Max Rent: 850
Market Rent: 800

# of Unit Types (3)

# of Units: Yes
# Baths: Yes
Approx. SqFt: 700
Actual Rent: 600
Max Rent: 600
Market Rent: 600

Unit Summary

Total Units: 19
Average Unit Size: 805.26
Average Actual Rent: 826.31
Annualized: 188400
Total Actual Rent: 15700

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 102105949148812119

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: Unknown
Tax Annual Amount: 11400

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Enclosed Yard: Yes
Some Landscaping: Yes
Storage: Yes

Cooling

Evaporative Cooling: Yes

Flooring

See Remarks: Yes

Heating

Central: Yes
Forced Air: Yes

Owner Pays

Gas: Yes
Sewer: Yes
Trash Removal: Yes
Water: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Other - See Remarks: Yes

Income & Expenses

Annual Gross Income: 190570
Operating Expenses: 75631

Build Description

Resale: Yes

Appliances included

Free-Standing Electric Range: Yes
Refrigerator: Yes

Utilities

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

Electric Provider

Public Utility: Yes

Electric

None: Yes

Miscellaneous Info

Sign On Property: Yes

Metering

Individual Electric: Yes
Master Gas: Yes

Operating Expenses

Property Management: Yes
Repairs/Maintenance: Yes

Parking

Paved: Yes

Roof

Metal: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Call Listing Broker: Yes

Zoning

MX-L*: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Enclosed Yard; Some Landscaping; Storage Appliances included: Free-Standing Electric Range; Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: See Remarks Electric Provider: Public Utility Electric: None Miscellaneous Info: Sign On Property Metering: Individual Electric; Master Gas Operating Expenses: Property Management; Repairs/Maintenance Owner Pays: Gas; Sewer; Trash Removal; Water Tenant Pays: Electric; Gas; Other - See Remarks Parking: Paved Roof: Metal Rental Info: Call Listing Broker Finance Considered: Cash; Conventional Zoning: MX-L*

Listing Office: Caruso Realty, LLC

Last Updated: July - 10 - 2023

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