403 Aztec Road NW, Albuquerque, NM 87107 (MLS# 938365)

403 Aztec Road NW, Albuquerque, NM 87107

$852,500

Property Type: Residential Income Square Footage: 12,000 Lot Size (sq. ft.): 25,700 Status: Closed

Current Price: $852,500 List Date: 2/21/2019 Last Modified: 1/03/2023

Overview

Description

Own a cash-flowing apartment building in the historic North Valley. This well-maintained property has very little deferred maintenance, features mature landscaping, newer water heaters, swamp coolers and appliances. Includes on-site laundry facility and gated parking. The property is surrounded by restaurants, public transportation, public schools and quick access to I-40. Includes Detached coin-laundry facility with new tank-less water heater. Private fenced backyards for each ground floor unit and private balcony for each upper floor unit. Gated parking, and newer swamp coolers and water heaters. Walking distance to senior center (across the street), schools, and public transit. 7

Listing Details MLS# 938365

Status Change Info

Pending Date: 2019-07-24
Closing Date: 2019-10-10

Contract Information

List Price/SqFt: 71.04

Location

Street #: 403
Street Name: Aztec
St Suffix: Road
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87107
Zip +4: 2563
MLS Area Major: 101 - Near North Valley
Zone Atlas: G14

CityCounty Data

Subdivision Name: Monkbridge Add

General Property Description

# of Units: 16
5+ Units: Yes
Property Sub-Type: Multi-Family
Living Area: 12000
SqFt Source: Broker
Lot Size Source: Broker
Acres: 0.59
Lot SqFt: 25700
Directions: Head west on Aztec Road from 4th st. Building is across the street from local senior center.
Stories: 2
Total # of Buildings: 2
Year Built: 1978
Age: 41 - 50
Disability Access: Unknown
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: Yes

Basement

Basement: No

More Information

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 8
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 900
Actual Rent: 550
Max Rent: 700
Market Rent: 625

# of Unit Types (2)

# of Units: 8
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 750
Actual Rent: 500
Max Rent: 650
Market Rent: 575

Unit Summary

Total Units: 16
Average Unit Size: 825
Average Actual Rent: 525
Annualized: 100800
Total Actual Rent: 8400

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101406035324041803

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: Unknown
Tax Annual Amount: 7576.88

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Balconies/Deck: Yes
Enclosed Yard: Yes
Gated: Yes
Laundry Community: Yes
Outside Lights: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Laminate: Yes

Heating

Central: Yes
Forced Air: Yes

Owner Pays

Sewer: Yes
Some Utilities: Yes
Trash Removal: Yes
Water: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Build Description

Resale: Yes

Appliances included

Refrigerator: Yes

Utilities

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

Electric Provider

Public Utility: Yes

Roof

TPO (G): Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Month To Month: Yes

Source

Actual Record: Yes
Broker Provided: Yes
Owner Provided: Yes

Zoning

MX-M*: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Balconies/Deck; Enclosed Yard; Gated; Laundry Community; Outside Lights Appliances included: Refrigerator Utilities: Electricity Available; Natural Gas Connected; Sewer Available; Water Available Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: Laminate Electric Provider: Public Utility Owner Pays: Sewer; Some Utilities; Trash Removal; Water Tenant Pays: Electric; Gas Roof: TPO (G) Rental Info: Month To Month Finance Considered: Cash; Conventional Source: Actual Record; Broker Provided; Owner Provided Zoning: MX-M*

Documents

Current Rent APOD ›

Market Rent APOD ›

Aztec Manor Flyer ›

Aztec Manor Rent Roll ›

Listing Office: NAI SunVista Commercial RE

Last Updated: January - 03 - 2023

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