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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
Listing Office: Keller Williams Realty
Last Updated: April - 02 - 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.