1104 LA VEGA Drive SW, Albuquerque, NM 87105
$169,000
Property Type:
Residential Income
Square Footage:
3,364
Lot Size (sq. ft.):
12,197
Status:
Closed
Current Price:
$169,000
List Date:
9/02/2015
Last Modified:
7/10/2018
Description
Great cash flow on this Near South Valley 4-plex! This fully rented property currently brings in a whopping $2375/month! Two units are 2bdrm, 1 bath. One unit is 1bdrm, 1 bath. Last unit is 1bdrm, 3/4 bath. All units are separately metered and each have a private courtyard. Full property inspection has been done! Contact broker for info. Includes 2 parcels. The 4-plex is on the West lot and East lot is parking. ** No Sign at property. ** DO NOT disturb tenants, DO NOT walk the property w/o appointment with Listing Broker. ** Square footage is estimated for each unit. Three units are month to month, one is 6 month lease. Full inspection already done.
More Information MLS# 849187
Status Change Info
Pending Date: 2015-10-15
Closing Date: 2015-12-14
Contract Information
Listing Price: 169000
Current Price: $169,000
List Price/SqFt: 50.24
Status: Closed
Bank Owned: No
Location
Street #: 1104
Street Name: LA VEGA
St Suffix: Drive
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87105
Zip +4: 3947
Geo Lat: 35.05378
Geo Lon: -106.665107
Area: 90 - Near South Valley
Zone Atlas: M13
City/County Data
UPC Code: 101305528535410322
Subdivision: Middle Rio
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 3364
SqFt Source: Per Appraisal
Lot Size Source: Per Appraisal
Acres: 0.28
Lot SqFt: 12197
Directions: I-25 To Ceasar Chavez Go West To La Vega South To Address.
Stories: 2
Total # of Buildings: 2
Year Built Exception: Unknown
# Parking Spaces: 10
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: Two
Tax & Legal Info
GRT Code: 02-002
Current Taxes: 1100
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 28500
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 760
Max Rent: 800
Market Rent: 700
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 700
Actual Rent: 550
Max Rent: 700
Market Rent: 700
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 700
Actual Rent: 550
Max Rent: 700
Market Rent: 700
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 700
Actual Rent: 525
Max Rent: 700
Market Rent: 700
Unit Summary
Total Units: 4
Average Unit Size: 775
Average Actual Rent: 596.25
Annualized: 28620
Total Actual Rent: 2385
Property Features
Construction: Frame
Exterior Material: Stucco
Amenities: Balconies/Deck; Enclosed Yard; Laundry Equip. Owned; Private Patios
Appliances included: Refrigerator
Utilities: Other - See Remarks
Heating: Wall Unit
Cooling: Evaporative Cooling; Multi Units
Flooring: Tile; Vinyl
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Owner Pays: Some Utilities; Other - See Remarks
Tenant Pays: Some Utilities; Other - See Remarks
Parking: 2+Spaces Per Unit
Roof: Pitched
Rental Info: 6 Month; Month To Month; Other - See Remarks
Finance Considered: Cash; Conventional; FHA
Zoning: R-1
Listing Office: SW Property Pros
Last Updated: July - 10 - 2018
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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