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
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
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.
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