, Albuquerque, NM 87108 (MLS# 1028703)

Albuquerque, NM 87108

$2,850,000

Property Type: Residential Bedrooms: 49 Baths: 49 Square Footage: 20,314 Lot Size (sq. ft.): 49,223 Status: Closed

Current Price: $2,850,000 List Date: 1/25/2023 Last Modified: 12/17/2023

Overview

Description

Incredible money-makers turn-key 28 units Excellent Private gated courtyards with storage adjacent to each building. Property comes with resident grown vegetable and flower gardens. Many units recently remodeled in 2020, 2021, 2022. A total of seven contiguous fourplex buildings, combined for 28 multi-family units. The 1.13 acre comes with plenty of parking for tenants and guests. The units are 100% occupied with very low overhead expense. Locking entry gates at each end of the courtyards provide privacy and security. Low maintenance properties with everything in place, including professional management and pre-qualified tenancy. Includes a total of seven 1-bedroom 1-bath units and twenty-one 2-bedroom 1-bath units. All units have washer and dryer hookups inside.

Listing Details MLS# 1028703

Status Change Info

Pending Date: 2023-11-04
Closing Date: 2023-12-16

Contract Information

List Price/SqFt: 140.3

Location

City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Directions: Property is located on San Pedro and Anderson road.
MLS Area Major: 71 - Southeast Heights
Zone Atlas: L18

General Property Description

Property Sub-Type: Attached
Permanent Foundation: Yes
Offsite Built: No
Total Units: 28
Unit Location: Above
Unit Entry Level: 28
Stories in Unit: Yes
Total Stories in Bldg: Yes
Attached Type: None
UPC Unitized: No
Fireplace: No
Stories: Yes
Faces: North
Builder: Unknown
Living Area: 20314
Living Area Source: Broker
Lot Size Acres: 1.13
Lot Size Square Feet: 49223
Lot Size Source: Broker
Flood Zone: X
Disability Access: No
PBR on Main: Yes
Bedrooms Total: 49
Bathrooms Full: 49
Total Bathrooms: 49
Primary Bath Desc: Full Bath
Private Pool: No
Elementary School: Emerson
Middle School: Wilson
High School: Highland
Age: 41 - 50
Year Built: 1977
LBP Disclosure: Yes
Basement: No
Accessory Dwelling Unit: No
Loft: No
# of Fireplaces: 0
Garage Spaces: 0

Rooms

Kitchen Level: Main
Kitchen Length: 7.7
Kitchen Width: 17
Living Room Level: Main
Living Room Length: 11.6
Living Room Width: 17.1
Primary Bedroom Level: Main
Primary Bedroom Length: 10.3
Primary Bedroom Width: 13
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Sunroom

Sunroom: No

More Information

Green

Green: No
HERS: No

Miscellaneous

Guard House/Service: No
Hist Prop/Lndmk: No
Rented: No
Land Lease: No

Association Details

Association: No

Sales Info

Seller Assist Ofrd: No
Trade/Xch Considered: No

Tax & Legal Info

UPC Code: 101805627220642503
PID: No
Short Legal Desc: * K 1 MANKINS REPLAT OF BLKS 1 & 2 ELDER HOMESTEAD ADDN
GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 14585

Construction Materials

Frame: Yes
Stucco: Yes

Appliances

Dryer: Yes
Dryer H/U: Yes
Refrigerator: Yes
Washer H/U: Yes

Cooling

Evaporative Cooling: Yes

Exterior Features

Alley Access: Yes
Courtyard: Yes

Flooring

Carpet: Yes
Tile: Yes

Heating

Central: Yes
Forced Air: Yes

Interior Features

Walk-In Closet(s): Yes

Laundry Features

None: Yes

Other Structures

Storage: Yes

Build Description

Resale: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes

Possession

Day of Funding: Yes

Green Energy Generation

None: Yes

Electric Provider

Public Utility: Yes

Electric

None: Yes

Road Frontage Type

Public Road: Yes

Laundry Power

None: Yes

Wastewater

Public Sewer: Yes

Water Source

City Water: Yes

Land Use

Subdivided: Yes

Roof

Flat: Yes

Finance Considered

Cash: Yes
Conventional: Yes
Owner Financing: Yes

Landscape

SW Natural Ldscp (G): Yes

Windows

Thermal-Double Pane: Yes

Lot Description

Corner Lot: Yes

Zoning

MX-L*: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Other Structures: Storage Rooms: Kitchen; Living Room; Primary Bedroom Laundry Features: None Laundry Power: None Land Use: Subdivided Roof: Flat Exterior Features: Alley Access; Courtyard Interior Features: Walk-In Closet(s) Appliances: Dryer; Dryer H/U; Refrigerator; Washer H/U Utilities: Electricity Connected; Sewer Connected Heating: Central; Forced Air Cooling: Evaporative Cooling Wastewater: Public Sewer Water Source: City Water Landscape: SW Natural Ldscp (G) Flooring: Carpet; Tile Windows: Thermal-Double Pane Green Energy Generation: None Electric Provider: Public Utility Electric: None Lot Description: Corner Lot Finance Considered: Cash; Conventional; Owner Financing Road Frontage Type: Public Road Possession: Day of Funding Zoning: MX-L*

Room Information

Room Name	Length	Width	Level
Living Room	11.60	17.10	Main
Kitchen	7.70	17.00	Main
Primary Bedroom	10.30	13.00	Main

Listing Office: Hallmark Realty

Last Updated: December - 17 - 2023

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.