1002 Lead Avenue SW, Albuquerque, NM 87102
$495,000
Property Type:
Residential Income
Square Footage:
2,509
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$495,000
List Date:
2/06/2016
Last Modified:
8/16/2017
Description
Amazing property - condo map in place for 3 units + 3 x 1 car garages.
Located in the historic Raynolds neighborhood, this recently renovated triplex was turned into a 3 unit condominium in 2008. It includes an in place condo map (known as the Key Largo Condos). This 100 year old property has numerous upgrades including: granite counter tops, stainless steel appliances, refinished hardwood floors, lathe/plaster walls, tumbled stone tub/shower surrounds with wainscoting, wood blinds, Pella windows, refrigerated air, programmable thermostats, halogen kitchen lighting, glass block, cherry wood cabinets, stackable washer/dryers, and an enclosed heated keyless entry garage. The larger apartment also has front loading stainless steel washer and dryer.
More Information MLS# 858344
Status Change Info
Pending Date: 2016-02-24
Closing Date: 2016-03-11
Contract Information
Listing Price: 495000
Current Price: $495,000
List Price/SqFt: 197.29
Status: Closed
Bank Owned: No
Location
Street #: 1002
Street Name: Lead
St Suffix: Avenue
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 2937
Geo Lat: 35.082253
Geo Lon: -106.659501
Area: 80 - Downtown Area
Zone Atlas: K13
City/County Data
UPC Code: 101305745934811705
Subdivision: Raynolds Add
General Property Description
# of Units: 3
5+ Units: No
Units for Sale: 3
Property Sub-Type: Triplex
Apx Structured SqFt: 2509
Lot Size Source: On-Line
Acres: 0.14
Lot SqFt: 6098.4
Directions: From I-25 and I-40- south on I-25 to Lead/Coal exit - west on Lead to property - located on SWC of Lead and 10th
Stories: 1
Total Stories in Bldg: 1
Total # of Buildings: 2
Year Built: 1916
Age: 1 - 3
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Multiple Lots: Two
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 2745.56
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 34485
Operating Expenses: 6545
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 800
Actual Rent: 900
Max Rent: 900
Market Rent: 1100
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 765
Actual Rent: 925
Max Rent: 925
Market Rent: 1100
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 944
Actual Rent: 1200
Max Rent: 1200
Market Rent: 1350
Unit Summary
Total Units: 3
Average Unit Size: 836.33
Average Actual Rent: 1008.33
Annualized: 36300
Total Actual Rent: 3025
Property Features
Construction: Frame
Exterior Material: Stucco
Amenities: Laundry Equip. Owned; Owners Unit; Wshr/Dryr HU in Unit
Appliances included: Dishwasher; Disposal; Dryer; Frestnd Elec Stv/Ovn; Microwave; Refrigerator; Washer
Utilities: All City
Heating: Central Forced Air
Cooling: Refrigerated
Flooring: Wood
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Other - See Remarks
Owner Pays: Other - See Remarks
Tenant Pays: Other - See Remarks
Parking: 1 Garage
Roof: Flat
Rental Info: Call Listing Broker
Finance Considered: Conventional
Zoning: SU-2
Documents
Lead Based Paint ›Listing Office: NM Apartment Advisors, Inc.
Last Updated: August - 16 - 2017
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.