1309 SAN MATEO Boulevard SE, Albuquerque, NM 87108
$2,400,000
Property Type:
Residential Income
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$2,400,000
List Date:
10/19/2022
Last Modified:
8/15/2023
Description
Now available a 16 unit investment property completely redone from top of bottom, new plumbing, new electric, new roof, new refrigerated air, new windows, new concrete parking, all new remodels with stainless steel appliances and with new in unit washer dryers. All updates have been made within the past year. Low maintenance costs top of the market condition.
Easy to manage property with great returns!
More Information MLS# 1024523
Status Change Info
Pending Date: 2023-06-09
Closing Date: 2023-08-14
Contract Information
Listing Price: 2400000
Current Price: $2,400,000
Status: Closed
Bank Owned: No
Location
Street #: 1309
Street Name: SAN MATEO
St Suffix: Boulevard
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 4610
Geo Lat: 35.061567
Geo Lon: -106.586711
Area: 42 - UNM South
Zone Atlas: L17
City/County Data
UPC Code: 101705652911842509
General Property Description
# of Units: 16
5+ Units: Yes
Property Sub-Type: 9 or More Units
SqFt Source: Per Appraisal
Lot Size Source: Survey
Acres: 0.14
Lot SqFt: 6098.4
Directions: East on Gibson, North on San Mateo
Stories: 1
Total # of Buildings: 7
Year Built: 1977
Age: Select One
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unkown
Owner Occupant Unit: No
Multiple Lots: Two
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3114.88
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 14
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 900
Actual Rent: 1150
Max Rent: 1150
Market Rent: 1150
# of Unit Types (2)
# of Units: 2
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 900
Actual Rent: 1250
Max Rent: 1250
Market Rent: 1250
Unit Summary
Total Units: 16
Average Unit Size: 900
Average Actual Rent: 1162.5
Annualized: 223200
Total Actual Rent: 18600
Property Features
Construction: Adobe
Exterior Material: Stucco
Build Description: Resale
Amenities: Ceiling Fan(s); Enclosed Yard; Outside Lights; Private Patios; Wshr/Dryr HU in Unit
Appliances included: Dishwasher; Dryer; Frestnd Gas Stv/Ovn; Refrigerator; Washer
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Central Air; Refrigerated
Flooring: Carpet; Tile; Wood
Electric Provider: Public Utility
Electric: None
Metering: Individual Electric; Individual Gas
Owner Pays: Sewer; Trash Removal
Tenant Pays: Electric; Gas; Water
Roof: Shingle
Rental Info: Yearly Lease
Finance Considered: Cash; Conventional
Source: Broker Provided
Zoning: MX-M*
Documents
OM/APOD ›Listing Office: Rhino Realty Property Mgmt LLC
Last Updated: August - 15 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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