11912 Indian School Road NE, Albuquerque, NM 87112 (MLS# 1041486)

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11912 Indian School Road NE, Albuquerque, NM 87112

$1,140,000
Property Type: Residential Income Square Footage: 6,240 Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $1,140,000 List Date: 12/11/2023 Last Modified: 4/02/2024

Description

All kitchens in this 8-plex have been remodeled in the last five years with cabinets, countertops, and most have stainless steel appliances. Vinyl faux wood flooring and 5'' baseboards have been installed in the living rooms, kitchens, hallways and most of the bathrooms. All units have attractive 2-tone paint with accent walls. Each unit has been provided with a washer and dryer. TPO roof was installed in 2022. Parking lot was resurfaced in 2017. This property consists of two 4-unit buildings with a shared parking lot. There is a breathtaking view of the Sandias right from the living room and kitchen windows. Great Northeast Heights location 1 block from Juan Tabo on Indian School Road. There are lots of shops and restaurants in the area.

More Information MLS# 1041486

Status Change Info

Pending Date: 2023-12-08 Closing Date: 2024-03-26

Contract Information

Listing Price: 1140000 Current Price: $1,140,000 List Price/SqFt: 182.69 Status: Closed Allowance/Concession: No Bank Owned: No

Location

Street #: 11912 Street Name: Indian School St Suffix: Road Post Direction: NE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87112 Zip +4: 3552 Geo Lat: 35.101221 Geo Lon: -106.513405 Area: 50 - Northeast Heights Zone Atlas: J22

City/County Data

UPC Code: 102205806054821010

General Property Description

# of Units: 8 5+ Units: Yes Property Sub-Type: 8 Units Apx Structured SqFt: 6240 SqFt Source: Per Appraisal Lot Size Source: On-Line Acres: 0.23 Lot SqFt: 10018.8 Directions: From Indian School and Juan Tabo, go East to property. Stories: 2 Total # of Buildings: 2 Year Built: 1977 Age: 41 - 50 # Parking Spaces: 15 Disability Access: No LBP Disclosure: Yes Builder: unknown Owner Occupant Unit: No Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 3199.6 Tax Exemption: No

Basement

Basement: No

Income & Expenses

Annual Gross Income: 104071 Operating Expenses: 26817

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 8 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 780 Actual Rent: 1128 Max Rent: 1200 Market Rent: 1200

Unit Summary

Total Units: 8 Average Unit Size: 780 Average Actual Rent: 1128 Annualized: 108288 Total Actual Rent: 9024

Property Features

Construction: Frame Exterior Material: Stucco; Wood Siding Build Description: Resale Amenities: Laundry Equip. Owned; Tenant Storage Appliances included: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Utilities: Electricity Connected; Sewer Connected; Water Connected Heating: Central Forced Air Cooling: Evaporative Cooling Flooring: Carpet; Vinyl Green Energy Generation: None Electric Provider: Public Utility Metering: Individual Electric; Individual Gas; Master Electric Operating Expenses: Insurance; Property Management; Property Taxes; Repairs/Maintenance; Utilities Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Removal Parking: 1.5 Spaces Per Unit; Assigned Parking Roof: Flat; TPO (G) Rental Info: Current Lse Agreemnt; Deposits Finance Considered: Cash; Conventional Zoning: R-MH*
Listing Office: Heights Apartment Mgmt
Last Updated: April - 02 - 2024

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