11328 Prospect Avenue NE, Albuquerque, NM 87112
$499,900
Property Type:
Residential Income
Square Footage:
3,734
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$499,900
List Date:
2/17/2024
Last Modified:
4/02/2024
Description
Nestled within one of the most coveted neighborhoods, this fourplex epitomizes prime real estate investment. Two of the four units have been meticulously renovated, adding a modern touch to the classic charm of the property. Three units have outdoor spaces and one unit has several balcony areas A standout feature of this property is the inclusion of individual attached private garages for each unit, providing residents with convenience and security. Each residence offers a unique living experience tailored to meet the diverse needs of today's tenants. Investing in this fourplex represents the epitome of strategic decision-making, promising not only immediate return offering both investors and tenants alike an unparalleled opportunity for success.
More Information MLS# 1057367
Status Change Info
Pending Date: 2024-02-20
Closing Date: 2024-04-01
Contract Information
Listing Price: 499900
Current Price: $499,900
List Price/SqFt: 133.88
Status: Closed
Bank Owned: No
Location
Street #: 11328
Street Name: Prospect
St Suffix: Avenue
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87112
Zip +4: 3466
Geo Lat: 35.106783
Geo Lon: -106.51424
Area: 50 - Northeast Heights
Zone Atlas: H22
City/County Data
UPC Code: 102205903819932649
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 3734
Lot Size Source: On-Line
Acres: 0.18
Lot SqFt: 7840.8
Directions: Take I-40 east to exit onto Juan Tabo. Turn left onto Juan Tabo. Turn right onto Prospect. The property will be on the right.
Stories: 2
Total # of Buildings: 1
Year Built: 1981
Age: 41 - 50
Disability Access: Unknown
LBP Disclosure: No
Builder: unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3970.5
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 947
Actual Rent: 1025
Max Rent: 1295
Market Rent: 1050
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1.5
Approx. SqFt: 1050
Actual Rent: 1100
Max Rent: 1295
Market Rent: 1050
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1.5
Approx. SqFt: 1039
Actual Rent: 950
Max Rent: 1295
Market Rent: 1050
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1039
Actual Rent: 1000
Max Rent: 1295
Market Rent: 1050
Unit Summary
Total Units: 4
Average Unit Size: 1018.75
Average Actual Rent: 1018.75
Annualized: 48900
Total Actual Rent: 4075
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Fireplace All Units
Appliances included: Dishwasher; Disposal; Dryer H/U; Refrigerator; Washer H/U
Utilities: Electricity Connected; Natural Gas Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Carpet; Tile; Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Metering: Individual Electric; Individual Gas
Owner Pays: Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Garage
Roof: Flat
Rental Info: Call Listing Broker; Current Lse Agreemnt
Finance Considered: Cash; Conventional; FHA
Zoning: RM-1
Additional Prop Info ›Listing Office: Keller Williams Realty
Last Updated: April - 02 - 2024
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