1014 Arno (1/2) Street NE, Albuquerque, NM 87102
$175,000
Property Type:
Residential
Bedrooms:
4
Baths:
2
Square Footage:
1,400
Lot Size (sq. ft.):
20,909
Status:
Closed
Current Price:
$175,000
List Date:
4/26/2023
Last Modified:
5/31/2023
Description
The residence contains three bedrooms + an office, two bathrooms and a long-term resident has just moved out making this ideal for a renovation/rehab buyer. Once renovated, market rent for the unit is closer to $1,500, but the major play on this property is the redevelopment opportunity and ability to add additional residential units. Based on a R-T zoning, and the ease of access to a street in 3 different directions, it seems likely the property could support an additional 4 units. The listing broker valued the extra land at $25,000 per unit and the main residence at $200,000 for a total price of $300,000, that said, the start price is $175,000.
More Information MLS# 1022205
Status Change Info
Pending Date: 2023-05-17
Closing Date: 2023-05-31
Contract Information
Listing Price: 175000
Current Price: $175,000
List Price/SqFt: 125
Status: Closed
Bank Owned: No
Location
Street #: 1014
Street Modifier: 1/2
Street Name: Arno (1/2)
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 2406
Directions: From I-25 and Lomas west to Arno, north to property.
Geo Lat: 35.092597
Geo Lon: -106.641234
Area: 80 - Downtown Area
Zone Atlas: J14
General Property Description
Property Sub-Type: Detached
Offsite Built: No
UPC Unitized: No
Fireplace: No
Stories: 1
Faces: South
Builder: Unknown
Apx Structured SqFt: 1400
SqFt Source: Professional
Lot Acres: 0.48
Lot SqFt: 20909
Lot Size Source: On-Line
Flood Zone: X
Disability Access: Unknown
PBR on Main: Yes
Bedrooms: 4
Baths - Full: 2
Total Bathrooms: 2
Primary Bath Desc: Full Bath
Private Pool: No
Elementary School: Longfellow
Middle School: Jefferson
High School: Albuquerque
Age: 71 - 80
Year Built: 1936
LBP Disclosure: Yes
Basement: No
Guest House: No
Loft: No
Tax & Legal Info
UPC Code: 101405848019043301
Short Legal Desc: MRGCD Map 37
GRT Code: 02-100
Current Taxes: 913.46
Tax Exemption: No
PID: No
Rooms
Kitchen Level: Main
Kitchen Length: 9
Kitchen Width: 7
Living Room Level: Main
Living Room Length: 20
Living Room Width: 9
Primary Bedroom Level: Main
Primary Bedroom Length: 18
Primary Bedroom Width: 9
Sunroom
Sunroom: No
Green
Green: No
HERS: No
Miscellaneous
Guard House/Service: No
Hist Prop/Lndmk: No
Rented: Yes
Tenant Stays: Yes
Land Lease: No
HOA: No
Sales Info
Seller Assist Ofrd: No
Trade/Xch Considered: No
Property Features
Build Description: Resale
Rooms: Kitchen; Living Room; Primary Bedroom
Laundry Location: None
Laundry Power: None
Roof: Shingle
Construction: Frame
Exterior Material: Stucco
Exterior Features: Alley
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Wastewater: Public Sewer
Water Source: City Water
Flooring: Carpet; Tile
Windows: Vinyl
Electric Provider: Public Utility
Green Energy Electric: None
Finance Considered: Cash
Possession: Day of Funding
Zoning: R-T*
Room Information
Living Room
Length: 20.00
Length: 20.00
Width: 9.00
Width: 9.00
Level: Main
Kitchen
Length: 9.00
Length: 9.00
Width: 7.00
Width: 7.00
Level: Main
Primary Bedroom
Length: 18.00
Length: 18.00
Width: 9.00
Width: 9.00
Level: Main
Flyer & APOD ›Listing Office: NM Apartment Advisors, Inc.
Last Updated: May - 31 - 2023
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.