1098 E Riverside Drive, Truth or Consequences, NM 87901
$350,000
Property Type:
Residential Income
Square Footage:
3,472
Lot Size (sq. ft.):
23,958
Status:
Active
Current Price:
$350,000
List Date:
2/28/2024
Last Modified:
4/03/2024
Description
6 rental units, 5 studios and 1 - 1516 sq ft house with 2 bedrooms. House was recently painted, laundry on site for tenant use. there is an additional lot in the back where you could possibly build additional units. This property is close to downtown Truth or Consequences.
More Information MLS# 1037167
Contract Information
Listing Price: 350000
Current Price: $350,000
List Price/SqFt: 100.81
Status: Active
Bank Owned: No
Location
Street #: 1098
Direction: E
Street Name: Riverside
St Suffix: Drive
County: Sierra
City/Town Code: Truth or Consequences
State/Province: NM
Zip Code: 87901
Geo Lat: 33.128825
Geo Lon: -107.239125
Area: 610 - Sierra
Zone Atlas: NOZA
City/County Data
UPC Code: 3021078249517
General Property Description
# of Units: 6
5+ Units: Yes
Units for Sale: 6
Property Sub-Type: 6 Units
Apx Structured SqFt: 3472
Lot Size Source: Broker
Acres: 0.55
Lot SqFt: 23958
Directions: Interstate 25 to Williamsburg exit 75, to Broadway, take Broadway to E Riverside. Property will be on your left.
Stories: 1
Total # of Buildings: 4
Year Built: 1950
Year Built Exception: Unknown
Age: 71 - 80
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 21-124
Current Taxes: 1640.39
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 4
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 400
Actual Rent: 650
Max Rent: 700
Market Rent: 650
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 347
Actual Rent: 450
Max Rent: 450
Market Rent: 450
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1516
Actual Rent: 950
Max Rent: 950
Market Rent: 950
Unit Summary
Total Units: 6
Average Unit Size: 577.16
Average Actual Rent: 666.66
Annualized: 48000
Total Actual Rent: 4000
Property Features
Construction: Block
Exterior Material: Stucco
Build Description: Resale
Amenities: Ceiling Fan(s); Laundry Equip. Owned
Appliances included: Dryer; Frestnd Gas Stv/Ovn; Refrigerator; Washer
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Ductless; Wall Unit
Cooling: Refrigerated; Window Units(s)
Flooring: Laminate; Tile; Vinyl; Wood
Green Energy Generation: None
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Call Listing Broker
Owner Pays: Electric; Gas; Maintenance; Sewer; Trash Removal; Water
Tenant Pays: No Utilities
Parking: Unpaved
Roof: Rolled Roofing
Rental Info: Deposits; Yearly Lease
Finance Considered: Cash; Conventional
Zoning: R-2
Form 2100 - Broker Duties Supplemental ›Listing Office: 45 Realty
Last Updated: April - 03 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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