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12361 Mountain Road NE, Albuquerque, NM 87112
$925,000
Property Type:
Residential Income
Square Footage:
4,800
Lot Size (sq. ft.):
11,761
Status:
Closed
Current Price:
$925,000
List Date:
6/29/2023
Last Modified:
11/22/2023
Description
This property is in a great location, next to a park and nature trails! It has been well maintained. All units have refrigerated air conditioning, LVT flooring, and newer windows and doors. The courtyard provides a relaxaing place on those summer evening. Laundry on site. Seller will consider owner financing! Come see this great investment opportunity!
More Information MLS# 1037103
Status Change Info
Pending Date: 2023-09-19
Closing Date: 2023-11-22
Contract Information
Listing Price: 925000
Current Price: $925,000
List Price/SqFt: 192.71
Status: Closed
Bank Owned: No
Location
Street #: 12361
Street Name: Mountain
St Suffix: Road
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87112
Zip +4: 5769
Geo Lat: 35.090586
Geo Lon: -106.509977
Area: 50 - Northeast Heights
Zone Atlas: J22
City/County Data
UPC Code: 101405710342927401at
General Property Description
# of Units: 8
5+ Units: Yes
Property Sub-Type: 8 Units
Apx Structured SqFt: 4800
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.27
Lot SqFt: 11761.2
Directions: Head northeast on Tramway Blvd NE. Turn left onto Lomas Blvd NE. Turn right onto Chelwood Park Blvd NE, Turn left onto Mountain Rd NE. Turn right onto Zena Lona St NE. Destination will be on the left.
Stories: 1
Total # of Buildings: 3
Year Built: 1977
Age: 41 - 50
# Parking Spaces: 14
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 2899.04
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 6
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 550
Actual Rent: 870
Max Rent: 950
Market Rent: 950
# of Unit Types (2)
# of Units: 2
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 750
Actual Rent: 1090
Max Rent: 1100
Market Rent: 1100
Unit Summary
Total Units: 8
Average Unit Size: 600
Average Actual Rent: 925
Annualized: 88800
Total Actual Rent: 7400
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Some Landscaping
Appliances included: Dishwasher; Disposal; Frestnd Elec Stv/Ovn; Refrigerator
Utilities: Electricity Connected; Natural Gas Available; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Refrigerated
Flooring: Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Metering: Other - See Remarks
Operating Expenses: Accounting and Legal; Insurance; Property Management; Property Taxes; Repairs/Maintenance; Utilities
Owner Pays: Maintenance; Some Utilities; Trash Removal; Other - See Remarks
Tenant Pays: Electric; Some Utilities
Parking: 1.5 Spaces Per Unit
Roof: Flat; TPO (G)
Rental Info: Current Lse Agreemnt; Deposits; Month To Month; Rental History Avail; Yearly Lease
Finance Considered: Cash; Conventional; Owner Financing
Zoning: MX-L*
Listing Office: Realty One of New Mexico
Last Updated: November - 22 - 2023
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