142 Rhode Island Street SE, Albuquerque, NM 87108
$299,900
Property Type:
Residential Income
Square Footage:
3,126
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$299,900
List Date:
2/21/2024
Last Modified:
3/26/2024
Description
4 Unit property. 2 units recently rented with 1 year lease and 2 units month to month. There is room to improve rents. 1 unit recently updated with paint, flooring, bathroom, light fixtures. Some units have newer water heater, AC and furnace. $33,000 annual income. Property available to show. Ask your agent. Serious and qualified buyers only.
More Information MLS# 1057508
Status Change Info
Pending Date: 2024-02-27
Closing Date: 2024-03-25
Contract Information
Listing Price: 299900
Current Price: $299,900
List Price/SqFt: 95.94
Status: Closed
Bank Owned: No
Location
Street #: 142
Street Name: Rhode Island
St Suffix: Street
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 3281
Geo Lat: 35.073072
Geo Lon: -106.557806
Area: 71 - Southeast Heights
Zone Atlas: K19
City/County Data
UPC Code: 101905731801440209
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 3126
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.16
Lot SqFt: 6969.6
Directions: Central & Wyoming. From Wyoming take Central West, South on Rhode Island to property.
Stories: 2
Total # of Buildings: 1
Year Built: 1980
Age: 41 - 50
Disability Access: No
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 2052.22
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 33000
Operating Expenses: 6858
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 500
Max Rent: 1150
Market Rent: 1000
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 400
Max Rent: 1150
Market Rent: 1000
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 750
Max Rent: 1100
Market Rent: 1000
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 1100
Max Rent: 1100
Market Rent: 1000
Unit Summary
Total Units: 4
Average Unit Size: 750
Average Actual Rent: 687.5
Annualized: 33000
Total Actual Rent: 2750
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Laundry Community; Tenant Storage
Appliances included: Dishwasher; Disposal; Fan/Hood; Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Carpet; Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Electric: None
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Repairs/Maintenance; Utilities
Owner Pays: Sewer; Water; Other - See Remarks
Tenant Pays: Electric; Gas
Parking: Paved Lot
Roof: Flat; TPO (G)
Rental Info: Call Listing Broker
Finance Considered: Cash; Conventional; FHA; VA
Zoning: MX-L*
Documents
Tax Levy Disclosure ›Listing Office: Keller Williams Realty
Last Updated: March - 26 - 2024
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