1040 TRUMAN Street SE, Albuquerque, NM 87108
$865,000
Property Type:
Residential Income
Square Footage:
7,130
Lot Size (sq. ft.):
6,186
Status:
Closed
Current Price:
$865,000
List Date:
1/22/2021
Last Modified:
4/19/2021
Description
Located in a quiet residential neighborhood, property has been owner managed since 1999. Two buildings: Tri plex and six plex. Long term tenants and those with recent 1&2 year leases. Except for normal turn over time, 100% occupied. Highly desirable due to features: hardwood floors, private porches, garages, off street parking, extra storage, prof landscaping & maintenance, washer/dryer H/U's, some with remodeled kitchens & baths, security features. Shows pride of ownership throughout. APD Sub Station to be built 1/2 block away. Close to UNM, Nob Hill, KAFB, Labs. Do not disturb the tenants. Flyer APOD, Property information and rent roll under Documents.
More Information MLS# 976197
Status Change Info
Pending Date: 2021-02-26
Closing Date: 2021-04-16
Contract Information
Listing Price: 865000
Current Price: $865,000
List Price/SqFt: 121.32
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 1040
Street Modifier: 1030-1040
Street Name: TRUMAN
St Suffix: Street
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 3571
Geo Lat: 35.065755
Geo Lon: -106.587067
Area: 42 - UNM South
Zone Atlas: L17
City/County Data
UPC Code: 101705651727210816
General Property Description
# of Units: 9
5+ Units: Yes
Units for Sale: 9
Property Sub-Type: 9 or More Units
Apx Structured SqFt: 7130
SqFt Source: Professional
Lot Size Source: Survey
Acres: 0.14
Lot SqFt: 6185.52
Directions: Go South on San Mateo from Central Turn west on Kathryn; turn left on Truman. One building faces Kathryn; other faces Truman.
Stories: 1
Total Stories in Bldg: 1
Total # of Buildings: 2
Year Built: 1952
Age: 61 - 70
# Parking Spaces: 12
Disability Access: No
LBP Disclosure: Yes
Builder: unk
Owner Occupant Unit: No
Multiple Lots: Two
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 2890
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 865
Actual Rent: 750
Max Rent: 700
Market Rent: 775
# of Unit Types (2)
# of Units: 5
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 865
Actual Rent: 700
Max Rent: 775
Market Rent: 700
Unit Summary
Total Units: 9
Average Unit Size: 865
Average Actual Rent: 722.22
Annualized: 78000
Total Actual Rent: 6500
Property Features
Construction: Block; Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Ceiling Fan(s); Enclosed Yard; Outside Lights; Security Gate; Sprinklers
Appliances included: Disposal; Dryer H/U; Frestnd Elec Stv/Ovn; Frestnd Gas Stv/Ovn; Range Hood; Refrigerator; Washer H/U
Utilities: Cable Available
Heating: Central Forced Air; Floor Furnace
Cooling: Evaporative Cooling
Flooring: Tile; Vinyl; Wood; See Remarks
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: Package; Pets Limited
Metering: Individual Electric; Individual Gas
Operating Expenses: Call Listing Broker
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1.5 Spaces Per Unit; 2 or More Garages
Roof: Tar Gravel; TPO (G)
Rental Info: Call Listing Broker
Finance Considered: Cash; Conventional
Source: Broker Provided
Zoning: MX-M*
Listing Office: Sperry Van Ness/WACB, Inc.
Last Updated: April - 19 - 2021
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