701 Roma Avenue NW, Albuquerque, NM 87102 (MLS# 883301)

701 Roma Avenue NW, Albuquerque, NM 87102

$799,000

Property Type: Residential Income Square Footage: 3,793 Lot Size (sq. ft.): 10,454 Status: Closed

Current Price: $799,000 List Date: 1/29/2017 Last Modified: 2/08/2019

Overview

Description

The Mauger Mansion is a significant MetroABQ property: a beautifully restored 121 year old historic Queen Anne Victorian Mansion, with period architecture including classic turn-of-the-century sleeping porches, stunning wraparound front Porch, private Balcony, decorative gables & brickwork, half-timbered Pilasters, a wonderful entry banister & more. Currently a busy 8-Room Bed & Breakfast, with access to 2 adjacent extended-stay 2bed/2bath townhomes, rented by the Mauger business. Unique B&B rooms include private baths, period antiques, Dog Room with private courtyard, Suite-room & Balcony Room; 2 courtyards, a full kitchen, cozy Parlor. Can be a phenomenal 3-story personal residence again, or continue to thrive as a busy B&B. Owner financing/real estate contract--very reasonable terms.

Listing Details MLS# 883301

Status Change Info

Pending Date: 2018-03-05
Closing Date: 2018-04-18

Contract Information

List Price/SqFt: 210.65
Allowance/Concession: No

Location

Street #: 701
Street Name: Roma
St Suffix: Avenue
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 2038
MLS Area Major: 80 - Downtown Area
Zone Atlas: J14

CityCounty Data

Subdivision Name: Armijo Bros Add

General Property Description

# of Units: 8
5+ Units: Yes
Property Sub-Type: Other - See Remarks
Living Area: 3793
SqFt Source: Floorplan
Apx Lot Dim Front: 70
Apx Lot Dim Side: 160
Lot Size Source: On-Line
Acres: 0.24
Lot SqFt: 10454.4
Directions: From 12th St and Lomas Blvd, east on Lomas to 7th st; south to Roma Ave. The Mauger Mansion B&B is on the corner of Roma nad 7th st. Turn right onto Roma and immediately right into the driveway, to the back-of-house parking area.
Stories: 3
Total Stories in Bldg: 3
Total # of Buildings: Yes
Year Built: 1897
# Parking Spaces: 12
Disability Access: No
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: Yes
Multiple Lots: One

Basement

Basement: Yes
Basement Heated: No
Basement SqFt Incl: No
Basement Finished: No
Basement Entry/Exit: Walkout
Bsmt Overall SqFt: 0

More Information

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 8
# of Bedrooms: 8
# Baths: Yes
Approx. SqFt: 400
Actual Rent: 200
Max Rent: 200
Market Rent: 200

Unit Summary

Total Units: 8
Average Unit Size: 400
Average Actual Rent: 200
Annualized: 19200
Total Actual Rent: 1600

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101405808608432007

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: Unknown
Tax Annual Amount: 3408.68

Construction Materials

Brick: Yes
Brick Veneer: Yes
Frame: Yes

Amenities

Balconies/Deck: Yes
Enclosed Yard: Yes
Fireplace Some Units: Yes
Laundry Equip. Owned: Yes
Outside Lights: Yes
Satelite Dish: Yes

Cooling

Multi Units: Yes
Refrigerated: Yes

Flooring

Carpet: Yes
Tile: Yes
Wood: Yes

Heating

2+ Units: Yes
Central: Yes
Forced Air: Yes
Gas: Yes

Owner Pays

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

Tenant Pays

None: Yes

Income & Expenses

Annual Gross Income: 350000
Operating Expenses: 300000

Build Description

Resale: Yes

Appliances included

Built-In Gas Range: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Washer: Yes

Utilities

All City: Yes
Electric: Yes
Natural Gas: Yes

Miscellaneous Info

All Furnished: Yes
Hstrc Reg Ldmk/Ovrly: Yes

Metering

All Master Metering: Yes

Operating Expenses

Accounting and Legal: Yes
Advertiseing: Yes
Insurance: Yes
Payroll: Yes
Property Taxes: Yes
Repairs/Maintenance: Yes
Supplies: Yes
Utilities: Yes

Parking

1.5 Spaces Per Unit: Yes
Guest Parking: Yes
Paved: Yes

Roof

Pitched: Yes
Shingle: Yes

Finance Considered

Cash: Yes
Conventional: Yes
Owner Financing: Yes

Rental Info

Call Listing Broker: Yes
Rental History Avail: Yes

Source

Broker Provided: Yes

Zoning

SU-2: Yes

Property Features

Construction Materials: Brick; Brick Veneer; Frame Build Description: Resale Amenities: Balconies/Deck; Enclosed Yard; Fireplace Some Units; Laundry Equip. Owned; Outside Lights; Satelite Dish Appliances included: Built-In Gas Range; Dishwasher; Dryer; Microwave; Range Hood; Refrigerator; Self Cleaning Oven; Washer Utilities: All City; Electric; Natural Gas Heating: 2+ Units; Central; Forced Air; Gas Cooling: Multi Units; Refrigerated Flooring: Carpet; Tile; Wood Miscellaneous Info: All Furnished; Hstrc Reg Ldmk/Ovrly Metering: All Master Metering Operating Expenses: Accounting and Legal; Advertiseing; Insurance; Payroll; Property Taxes; Repairs/Maintenance; Supplies; Utilities Owner Pays: Electric; Gas; Sewer; Trash Removal; Water Tenant Pays: None Parking: 1.5 Spaces Per Unit; Guest Parking; Paved Roof: Pitched; Shingle Rental Info: Call Listing Broker; Rental History Avail Finance Considered: Cash; Conventional; Owner Financing Source: Broker Provided Zoning: SU-2

Documents

Floorplan ›

Additional Prop Info ›

Historic Zone ›

Listing Office: RE/MAX SELECT

Last Updated: February - 08 - 2019

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.