117 High & 121 Street NE, Albuquerque, NM 87102 (MLS# 1003677)

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117 High & 121 Street NE, Albuquerque, NM 87102

$1,766,000
Property Type: Residential Income Square Footage: 9,252 Lot Size (sq. ft.): 24,921 Status: Closed
Current Price: $1,766,000 List Date: 10/27/2021 Last Modified: 6/11/2022

Description

Dating back over 100 years, the evolution of this amazing property includes stewardship by the Kinney family (who owned it in the 1920s while Bartley Kinney started the famous Kinney Brick Company in the South Valley). Through the years a vast range of owners have collaborated to repurpose this property into the amazing compound that it is today. These 11 unique apartments offer a range of floorplans from 400 square foot studios to a monster 2,100 square foot crows nest apartment on the top floor. Each unit is complimented by historical features, well-preserved vintage finishes, and the most pragmatic, modern updates. Residents love the gleaming hardwood floors, built-ins, enormous windows, & casework as much as the state-of-the-art HVAC systems, and totally renovated kitchens & bath

More Information MLS# 1003677

Status Change Info

Pending Date: 2022-03-25 Closing Date: 2022-06-11

Contract Information

Listing Price: 1766000 Current Price: $1,766,000 List Price/SqFt: 190.88 Status: Closed Allowance/Concession: No Bank Owned: No

Location

Street #: 117 Street Name: High & 121 St Suffix: Street Post Direction: NE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87102 Zip +4: 3622 Geo Lat: 35.083593 Geo Lon: -106.640038 Area: 80 - Downtown Area Zone Atlas: K14

City/County Data

UPC Code: 101405751339212304 Subdivision: Huning Highland Add'n

General Property Description

# of Units: 11 5+ Units: Yes Units for Sale: 11 Property Sub-Type: 9 or More Units Apx Structured SqFt: 9252 Lot Size Source: On-Line Acres: 0.57 Lot SqFt: 24921 Directions: From I-25 and Central, west on Central to High, north to the property. Stories: 2 Total Stories in Bldg: 2 Total # of Buildings: 3 Year Built: 1901 Age: 100+ Disability Access: Unknown LBP Disclosure: Yes Builder: Unknown Owner Occupant Unit: Yes Multiple Lots: Three Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 7527 Tax Exemption: No

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 1 # Baths: 11 Style: 117-1 Approx. SqFt: 650 Actual Rent: 865 Max Rent: 865 Market Rent: 975

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Style: 117-2 Approx. SqFt: 650 Actual Rent: 895 Max Rent: 895 Market Rent: 975

# of Unit Types (3)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Style: 117-3 Approx. SqFt: 603 Actual Rent: 745 Max Rent: 745 Market Rent: 975

# of Unit Types (4)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Style: 117-4 Approx. SqFt: 550 Actual Rent: 775 Max Rent: 775 Market Rent: 875

# of Unit Types (5)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Style: 121-Basement Approx. SqFt: 400 Actual Rent: 735 Max Rent: 735 Market Rent: 875

# of Unit Types (6)

# of Units: 1 # of Bedrooms: 5 # Baths: 2 Style: 121-Main Approx. SqFt: 2100 Actual Rent: 2450 Max Rent: 2450 Market Rent: 2450

# of Unit Types (7)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Style: 121-u/s Approx. SqFt: 1800 Actual Rent: 2200 Max Rent: 2375 Market Rent: 2375

# of Unit Types (8)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Style: 121 A- Cottage Approx. SqFt: 1019 Actual Rent: 835 Max Rent: 835 Market Rent: 1400

# of Unit Types (9)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Style: 121-B Approx. SqFt: 506 Actual Rent: 675 Max Rent: 795 Market Rent: 975

# of Unit Types (10)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Style: 121-C Approx. SqFt: 498 Actual Rent: 650 Max Rent: 795 Market Rent: 975

# of Unit Types (11)

# of Units: 1 # of Bedrooms: 121 # Baths: 1 Style: 121-D Approx. SqFt: 476 Actual Rent: 695 Max Rent: 795 Market Rent: 975

Unit Summary

Total Units: 11 Average Unit Size: 841.09 Average Actual Rent: 1047.27 Annualized: 138240 Total Actual Rent: 11520

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: Central Forced Air Cooling: Evaporative Cooling Flooring: Vinyl; Wood Electric Provider: Public Utility Electric: None Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Source: Broker Provided; Owner Provided Zoning: R-ML*
Listing Office: NM Apartment Advisors, Inc.
Last Updated: June - 11 - 2022

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