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
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
Green: No HERS: No
Guard House/Service: No Hist Prop/Lndmk: No Rented: Yes Tenant Stays: Yes Land Lease: No HOA: No
Seller Assist Ofrd: No Trade/Xch Considered: No
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*
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.
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