1316 Granite Avenue NW, Albuquerque, NM 87104
$160,000
Property Type:
Residential Income
Square Footage:
1,227
Lot Size (sq. ft.):
3,049
Status:
Closed
Current Price:
$160,000
List Date:
10/03/2016
Last Modified:
7/10/2018
Description
Wonderful investment opportunity in highly sought after Downtown area close to Old Town, Shops, Restaurants, Zoo, Museums, Theater and Downtown. Refrigerated Air in both units, gorgeous slate floors in wet areas, wood flooring in living rooms and bedrooms, remodeled kitchens featuring stainless steel appliances, beautiful cabinetry and custom concrete countertops. Travertine stone surrounds in showers and much more. Front, single unit is approximately 978 square feet with one bedroom and 1.5 baths. Rear unit is a detached studio with one bedroom, 1 bath at approx. 250 square feet. Refrigerated air and heating is a window unit. All units currently rented. Don't miss out on this great opportunity. Property next door (at 1314 Granite) is also for sale, it is a Duplex.
More Information MLS# 876781
Status Change Info
Pending Date: 2016-10-18
Closing Date: 2016-12-23
Contract Information
Listing Price: 160000
Current Price: $160,000
List Price/SqFt: 130.4
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 1316
Street Name: Granite
St Suffix: Avenue
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87104
Zip +4: 1387
Geo Lat: 35.095094
Geo Lon: -106.660993
Area: 80 - Downtown Area
Zone Atlas: J13
City/County Data
UPC Code: 101305840728510410
Subdivision: Perea Add
General Property Description
# of Units: 2
5+ Units: No
Units for Sale: 2
Property Sub-Type: House Plus Unit(s)
Apx Structured SqFt: 1227
SqFt Source: Per Appraisal
Lot Size Source: On-Line
Acres: 0.07
Lot SqFt: 3049.2
Directions: From I-40 South on 12th to Mountain. West on Mountain, south on 14th St. then first left (East) on Granite. Property is on corner of Granite and 14th. NO FOR SALE SIGN ON PROPERTY.
Stories: 1
Total Stories in Bldg: 1
Total # of Buildings: 2
Year Built: 1950
Year Built Exception: Unknown
Disability Access: Unknown
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: No
Multiple Lots: Two
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1805.72
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 12060
Operating Expenses: 3965
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1.5
Approx. SqFt: 978
Actual Rent: 650
Max Rent: 750
Market Rent: 700
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 250
Actual Rent: 355
Max Rent: 385
Market Rent: 375
Unit Summary
Total Units: 2
Average Unit Size: 614
Average Actual Rent: 502.5
Annualized: 12060
Total Actual Rent: 1005
Property Features
Construction: Adobe; Frame
Exterior Material: Stucco
Amenities: Security Gate; Wshr/Dryr HU in Unit
Appliances included: Dryer H/U; Frestnd Gas Stv/Ovn; Microwave; Refrigerator; Washer H/U
Utilities: All City
Heating: Central Forced Air; Gas
Cooling: Refrigerated
Flooring: Tile; Wood
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Repairs/Maintenance; Utilities
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: Street Parking Only
Roof: Pitched; Shingle
Rental Info: Month To Month; Other - See Remarks
Finance Considered: Cash; Conventional; Other - See Remarks
Zoning: SU-2
Listing Office: Coldwell Banker Legacy
Last Updated: July - 10 - 2018
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