114 PRINCETON Drive SE, Albuquerque, NM 87106 (MLS# 968264)

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114 PRINCETON Drive SE, Albuquerque, NM 87106

$330,000
Property Type: Residential Income Square Footage: 2,091 Lot Size (sq. ft.): 7,100 Status: Closed
Current Price: $330,000 List Date: 5/15/2020 Last Modified: 7/28/2020

Description

Across the street from UNM. Main house has 3 bedrooms and 2 bathrooms and has an attached unit that is one bedroom, 3/4 bath, small kitchen and laundry room. Both are currently rented. The attached unit can easily be converted to the main house as a whole. Main house has refrigerated air and back unit is swamp cooler. Great investment property or live in the main house and rent out the back unit or convert the back unit into one 4 bedroom house. Leases expire June 2020, but are renewable. Units are separately metered. Rents are currently $1,325 and $650

More Information MLS# 968264

Status Change Info

Pending Date: 2020-06-14 Closing Date: 2020-07-28

Contract Information

Listing Price: 330000 Current Price: $330,000 List Price/SqFt: 157.82 Status: Closed Allowance/Concession: Yes Bank Owned: No

Location

Street #: 114 Street Name: PRINCETON St Suffix: Drive Post Direction: SE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87106 Zip +4: 2813 Geo Lat: 35.079917 Geo Lon: -106.615432 Area: 42 - UNM South Zone Atlas: K16

City/County Data

UPC Code: 101605719426433116

General Property Description

# of Units: 2 5+ Units: No Property Sub-Type: House Plus Unit(s) Apx Structured SqFt: 2091 SqFt Source: Floorplan Lot Size Source: On-Line Acres: 0.16 Lot SqFt: 7100.28 Directions: Four houses south of Central on Princeton SE on the East side Stories: 1 Total # of Buildings: 1 Year Built: 1950 Age: 61 - 70 Disability Access: No LBP Disclosure: Yes Builder: unknown Owner Occupant Unit: No

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 4717 Tax Exemption: Unknown

Basement

Basement: Yes Bsmt Overall SqFt: 460 Basement Heated: Yes Basement SqFt Incl: Yes Basement Finished: Yes Basement Fnshd SqFt: 460 Basement Entry/Exit: Walk Up Basement Bedrooms: 2 Basement Bathrooms: 1

Income & Expenses

Annual Gross Income: 23700

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 3 # Baths: 2 Approx. SqFt: 1631 Actual Rent: 1325 Max Rent: 1325 Market Rent: 1400

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Approx. SqFt: 460 Actual Rent: 650 Max Rent: 650 Market Rent: 700

Unit Summary

Total Units: 2 Average Unit Size: 1045.5 Average Actual Rent: 987.5 Annualized: 23700 Total Actual Rent: 1975

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Ceiling Fan(s); Enclosed Yard; Owners Unit; Private Patios; Wshr/Dryr HU in Unit Appliances included: Dishwasher; Disposal; Dryer H/U; Fan/Hood; Frestnd Gas Stv/Ovn; Range Hood; Refrigerator; Washer H/U Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Heating: Central Forced Air; Wall Unit Cooling: Evaporative Cooling; Multi Units; Refrigerated Flooring: Tile; Wood Electric Provider: Public Utility Electric: None Miscellaneous Info: Sign On Property Metering: Individual Electric; Individual Gas Operating Expenses: Insurance; Utilities Owner Pays: Water Tenant Pays: Electric; Gas; Sewer; Trash Removal Parking: 1.5 Spaces Per Unit Roof: Metal; Pitched Rental Info: Current Lse Agreemnt; Rental History Avail; Yearly Lease Finance Considered: Cash; Conventional; FHA; VA Zoning: R-2
Listing Office: Capstone Realty, LLC
Last Updated: July - 28 - 2020

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