1014 Arno (1/2) Street NE, Albuquerque, NM 87102 (MLS# 1022205)

1014 Arno (1/2) Street NE, Albuquerque, NM 87102

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


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


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


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: No


Green: No HERS: No


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

Association Details

Association: 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 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
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.