Homes by Carolyn Fischman

440 PRINCETON Drive SE, Albuquerque, NM 87106 (MLS# 1077349)

440 PRINCETON Drive SE, Albuquerque, NM 87106

$799,900
Property Type: Residential Income Square Footage: 5,600 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $799,900 List Date: 1/29/2025 Last Modified: 2/20/2025

Overview

Description

Location, Location, Location! Calling all investors, this is a nice, well maintained 8 plex located near UNM, Nob Hill, CNM, Puerta del Sol Golf Course! Fully occupied and always rented! Two Bedroom, One Bath Units. On demand hot water system, newer Roof, Windows and HVAC! Opportunity knocks!

Listing Details MLS# 1077349

Status Change Info

Pending Date
2025-02-02
Closing Date
2025-02-19

Contract Information

List Price/SqFt
142.84
Allowance/Concession
No

Location

Street #
440
Street Name
PRINCETON
St Suffix
Drive
Post Direction
SE
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87106
Zip +4
2839
MLS Area Major
42 - UNM South
Zone Atlas
K16

General Property Description

# of Units
8
5+ Units
Yes
Property Sub-Type
Multi-Family
Living Area
5600
Lot Size Source
On-Line
Acres
0.16
Lot SqFt
6969.6
Directions
South on Princeton from Central to 440 Princeton SE
Stories
2
Total # of Buildings
Yes
Year Built
1973
Age
Select One
Accessory Dwelling Unit
No
Disability Access
Unknown
LBP Disclosure
Yes
Builder
Unknown
Owner Occupant Unit
No
Flood Zone
X

Cooling

Centrally Ducted
Yes
Refrigerated
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
800
Actual Rent
619
Max Rent
850
Market Rent
950

Unit Summary

Total Units
8
Average Unit Size
800
Average Actual Rent
619
Annualized
59424
Total Actual Rent
4952

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
101605719404331023

Tax & Legal Info

GRT Code
02-100
Tax Exemption
Unknown
Tax Annual Amount
3041.14

Construction Materials

Stucco
Yes

Amenities

Storage
Yes

Flooring

Carpet
Yes
Laminate
Yes

Heating

Central
Yes
Forced Air
Yes

Owner Pays

Sewer
Yes
Trash Removal
Yes
Water
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Build Description

Resale
Yes

Appliances included

Disposal
Yes
Free-Standing Gas Range
Yes
Refrigerator
Yes

Utilities

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

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Metering

Individual Electric
Yes
Individual Gas
Yes

Roof

TPO (G)
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

Current Lse Agreemnt
Yes

Source

Actual Record
Yes

Zoning

R-ML*
Yes

Property Features

Construction Materials: Stucco Build Description: Resale Amenities: Storage Appliances included: Disposal; Free-Standing Gas Range; Refrigerator Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central; Forced Air Cooling: Refrigerated Flooring: Carpet; Laminate Green Energy Generation: None Electric Provider: Public Utility Metering: Individual Electric; Individual Gas Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas Roof: TPO (G) Rental Info: Current Lse Agreemnt Finance Considered: Cash; Conventional Source: Actual Record Zoning: R-ML*
Listing Office: Brokerage of New Mexico
Last Updated: February - 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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