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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
Listing Office: Keller Williams Realty
Last Updated: March - 26 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.