Homes by Carolyn Fischman

5120 Eastern + 3 fourplexes, Albuquerque, NM 87108 (MLS# 853703)

5120 Eastern + 3 fourplexes, Albuquerque, NM 87108

$847,000
Property Type: Residential Income Square Footage: 13,490 Lot Size (sq. ft.): 34,412 Status: Closed
Current Price: $847,000 List Date: 11/11/2015 Last Modified: 2/18/2017

Overview

Description

Rare opportunity to acquire a piece of NM history from the developer who built the world largest free standing wood structure (the Trestle). What is the Trestle you ask? It is the world largest free standing wood structure containing 6.5 million board feet in a structure that is 12 stories tall and 1,000 feet long. Built in the early 1970s for $58M, this structure is part of our cold war history. The designer and developer of the Trestle also built his dream apartments at 5116, 5120 Eastern and 1309, 1315 Madeira SE which he owner occupied. These 16 units (4 x fourplexes) were developed by Dr. Carl Baum as his primary residence while he worked on Kirtland base for the Air Force as a world recognized expert on electromagnetic pulse phenomena.

Listing Details MLS# 853703

Status Change Info

Pending Date
2015-12-23
Closing Date
2016-06-16

Contract Information

List Price/SqFt
62.79
Allowance/Concession
No

Location

Street #
5120
Street Name
Eastern + 3 fourplexes
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87108
MLS Area Major
71 - Southeast Heights
Zone Atlas
L18

CityCounty Data

Subdivision Name
Virginian ADdn

General Property Description

# of Units
16
5+ Units
Yes
Units for Sale
16
Property Sub-Type
Multi-Family
Living Area
13490
SqFt Source
Professional
Lot Size Source
On-Line
Acres
0.79
Lot SqFt
34412
Directions
From I-40 & I-25 south on I-25 to Gibson, east to San Mateo (and the famous Chevy on a Stick sculpture), north to Eastern east to property.
Stories
2
Total Stories in Bldg
2
Total # of Buildings
4
Year Built
1979
Year Built Exception
Unknown
Age
31 - 40
Disability Access
Unknown
LBP Disclosure
No
Builder
Baum
Owner Occupant Unit
Yes
Multiple Lots
Four

Basement

Basement
No

More Information

Sales Info

Trade/Xch Considered
No

# of Unit Types (1)

# of Units
2
# of Bedrooms
3
# Baths
Yes
Style
Townhouse
Approx. SqFt
1006
Actual Rent
753
Max Rent
850
Market Rent
850

# of Unit Types (2)

# of Units
14
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
852
Actual Rent
583
Max Rent
635
Market Rent
636

Unit Summary

Total Units
16
Average Unit Size
871.25
Average Actual Rent
604.25
Annualized
116016
Total Actual Rent
9668

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
101805605105830212

Tax & Legal Info

GRT Code
02-100
Tax Exemption
No
Tax Annual Amount
5135

Construction Materials

Frame
Yes
Stucco
Yes

Amenities

Wshr/Dryr HU in Unit
Yes

Cooling

Evaporative Cooling
Yes

Flooring

Carpet
Yes

Heating

Gas
Yes

Owner Pays

Sewer
Yes
Trash Removal
Yes
Water
Yes

Tenant Pays

Some Utilities
Yes

Appliances included

Refrigerator
Yes

Utilities

All City
Yes

Roof

Flat
Yes

Finance Considered

Cash
Yes
Conventional
Yes
FHA
Yes

Rental Info

Call Listing Broker
Yes

Zoning

R-2
Yes

Property Features

Construction Materials: Frame; Stucco Amenities: Wshr/Dryr HU in Unit Appliances included: Refrigerator Utilities: All City Heating: Gas Cooling: Evaporative Cooling Flooring: Carpet Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Some Utilities Roof: Flat Rental Info: Call Listing Broker Finance Considered: Cash; Conventional; FHA Zoning: R-2

Documents

Listing Office: NM Apartment Advisors, Inc.
Last Updated: February - 18 - 2017
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.

Scroll to Top

Let's Connect!