1229 Chelwood Park Boulevard NE, Albuquerque, NM 87112
$520,000
Property Type:
Residential Income
Square Footage:
2,937
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$520,000
List Date:
3/12/2024
Last Modified:
4/25/2024
Description
Modern Investment Gem in NE Heights - this income-producing single-story 4-plex was updated in December 2021/January 2022. Each of the four units has 2 bedrooms and 1 bathroom, equipped with refrigerated air and vinyl flooring. The upstairs unit sits separately and offers views of the Manzanos/Sandias. A courtyard greets the tenants at the front entrance. Each unit is provided with two parking spots in the back. Each unit is offered an outside tenant storage closet. A separate water heater closet is equipped with a washer/dryer hook-up if needed. This location is ideal, offering the convenience of all the amenities, including schools, shopping, parks, and restaurants. Do not disturb tenants, do not walk the property.
More Information MLS# 1058329
Status Change Info
Pending Date: 2024-03-15
Closing Date: 2024-04-25
Contract Information
Listing Price: 520000
Current Price: $520,000
List Price/SqFt: 177.05
Status: Closed
Bank Owned: No
Location
Street #: 1229
Street Name: Chelwood Park
St Suffix: Boulevard
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87112
Zip +4: 5916
Geo Lat: 35.093289
Geo Lon: -106.506674
Area: 50 - Northeast Heights
Zone Atlas: J22
City/County Data
UPC Code: 102205825825931709
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 2937
Lot Size Source: On-Line
Acres: 0.22
Lot SqFt: 9583.2
Directions: East on Constitution from Juan Tabo, North on Chelwood Park. 2nd Building on the Westside
Stories: 2
Total # of Buildings: 1
Year Built: 1972
Age: 51 - 60
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3821.9
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 47700
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 724
Actual Rent: 1000
Max Rent: 1100
Market Rent: 1000
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 724
Actual Rent: 1000
Max Rent: 1100
Market Rent: 1000
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 724
Actual Rent: 975
Max Rent: 1100
Market Rent: 1000
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 724
Actual Rent: 1000
Max Rent: 1100
Market Rent: 1000
Unit Summary
Total Units: 4
Average Unit Size: 724
Average Actual Rent: 993.75
Annualized: 47700
Total Actual Rent: 3975
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Outside Lights; Tenant Storage
Appliances included: Dishwasher; Frestnd Elec Stv/Ovn; Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Refrigerated
Flooring: Carpet; Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Metering: Individual Electric; Individual Gas
Owner Pays: Other - See Remarks
Tenant Pays: Electric; Gas
Parking: 2+Spaces Per Unit
Roof: Flat; Rubber Membrane
Rental Info: Call Listing Broker; Current Lse Agreemnt
Finance Considered: Cash; Conventional; FHA; VA
Zoning: R-MH*
Listing Office: Full House Real Estate,LLC
Last Updated: April - 25 - 2024
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