1111 W Mckay Street, Carlsbad, NM 88220
$619,444
Property Type:
Residential Income
Square Footage:
3,292
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$619,444
List Date:
4/28/2024
Last Modified:
4/29/2024
Description
Recently remodeled units feature open floorplans with large eat-in kitchens, living areas with woodburning fireplaces, and bedrooms with plenty of storage - all complimented by custom woodwork and quality, hardy contemporary finishes throughout. Add all that to updated thermal windows, a new 30-year roof, upgraded stucco and paint, and a new common laundry room, and you've got a turnkey investment that will allow the next owner to truly reap the benefits of one of New Mexico's fastest growing and appreciating real estate markets (without the headache of inheriting deferred maintenance and urgent projects with no upside).
Carlsbad continues to grow exponentially as high paying jobs are generated in oil and gas production, agriculture, and of the most solid tourism sectors
More Information MLS# 1061572
Contract Information
Listing Price: 619444
Current Price: $619,444
List Price/SqFt: 188.17
Status: Active
Allowance/Concession: No
Bank Owned: No
Location
Street #: 1111
Direction: W
Street Name: Mckay
St Suffix: Street
County: Eddy
City/Town Code: Carlsbad
State/Province: NM
Zip Code: 88220
Geo Lat: 32.423724
Geo Lon: -104.240191
Area: 440 - Eddy
Zone Atlas: NOZA
City/County Data
UPC Code: 425637568280,
Subdivision: ,Powers Rep AMD
General Property Description
# of Units: 4
5+ Units: No
Units for Sale: 4
Property Sub-Type: Four Plex
Apx Structured SqFt: 3292
SqFt Source: Professional
Lot Size Source: On-Line
Acres: 0.18
Lot SqFt: 7841
Directions: From N Mesa and McKay west to property.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 1
Year Built: 2003
Year Built Source: Public Records
Age: 21 - 30
Disability Access: Unknown
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: Yes
Multiple Lots: Two
Flood Zone: X
Tax & Legal Info
GRT Code: 03-106
Current Taxes: 948
Tax Exemption: No
Cooling
Centrally Ducted: Yes
Basement
Basement: No
Income & Expenses
Annual Gross Income: 52440
Operating Expenses: 15723
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 823
Actual Rent: 1200
Max Rent: 1200
Market Rent: 1250
Unit Summary
Total Units: 4
Average Unit Size: 823
Average Actual Rent: 1200
Annualized: 57600
Total Actual Rent: 4800
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Some Landscaping
Appliances included: Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Tile
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Other - See Remarks
Owner Pays: Other - See Remarks
Tenant Pays: Other - See Remarks
Parking: Guest Parking
Roof: Pitched; Shingle
Rental Info: Other - See Remarks
Finance Considered: Cash; Conventional; FHA; VA
Zoning: R-2
Flyer & APOD ›Listing Office: NM Apartment Advisors, Inc.
Last Updated: April - 29 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.