1525 Granite Avenue NW, Albuquerque, NM 87104 (MLS# 1057602)

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1525 Granite Avenue NW, Albuquerque, NM 87104

$590,000
Property Type: Residential Income Square Footage: 3,000 Lot Size (sq. ft.): 9,583 Status: Closed
Current Price: $590,000 List Date: 2/23/2024 Last Modified: 4/17/2024

Description

Historic Old Town Adobe duplex, or SF home plus attached casita/rental unit (currently rented casita brings in $1200/mo). Walking distance to museums, Tiguex Park, and Old Town Plaza. Owned by the same family since 1965, it has been well maintained and with recent updates including roof, HVAC, sewer line, and kitchen in the main home. Parking for 5 cars onsite plus a single car garage. This is a one of a kind property and will appreciated by someone wanting the Old Town Area to walk to the park, restaurants, and museums. Easy biking to the bike paths. Come see this Watson Addition home, it is so charming!

More Information MLS# 1057602

Status Change Info

Pending Date: 2024-02-24 Closing Date: 2024-04-16

Contract Information

Listing Price: 590000 Current Price: $590,000 List Price/SqFt: 196.67 Status: Closed Allowance/Concession: No Bank Owned: No

Location

Street #: 1525 Street Name: Granite St Suffix: Avenue Post Direction: NW County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87104 Zip +4: 1266 Geo Lat: 35.096076 Geo Lon: -106.663333 Area: 80 - Downtown Area Zone Atlas: J13

City/County Data

UPC Code: 101305833531910806

General Property Description

# of Units: 2 5+ Units: No Units for Sale: 2 Property Sub-Type: Duplex Apx Structured SqFt: 3000 SqFt Source: Per Appraisal Lot Size Source: Per Appraisal Acres: 0.22 Lot SqFt: 9583.2 Directions: North of Lomas on 15th Street or south of Mountain Rd on 15th to Granite, then west to the property. Stories: 1 Total Stories in Bldg: 1 Total # of Buildings: 1 Year Built: 1906 Year Built Details: Originally built as a two family adobe home in 1906. Remodeled in 1965 into a SF home plus a rental unit. Each side is 1BR/1BA. Side A is 1900SF, Side B is 1100SF. Year Built Source: Other Age: 100+ # Parking Spaces: 6 Disability Access: No LBP Disclosure: Yes Builder: Unknown Owner Occupant Unit: Yes Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 4038.86 Tax Exemption: Unknown

Basement

Basement: No

Income & Expenses

Annual Gross Income: 14400 Operating Expenses: 5500

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Style: Adobe Approx. SqFt: 1100 Actual Rent: 1200 Max Rent: 1500 Market Rent: 1500

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Style: Adobe Approx. SqFt: 1900 Max Rent: 2500 Market Rent: 2000

Unit Summary

Total Units: 2 Average Unit Size: 1500 Average Actual Rent: 600 Annualized: 14400 Total Actual Rent: 1200

Property Features

Construction: Adobe; Frame Exterior Material: Stucco Build Description: Resale Amenities: Ceiling Fan(s); Fireplace Some Units; Owners Unit; Private Patios; Skylights; Tenant Storage Appliances included: Convection Oven; Dishwasher; Disposal; Double Oven; Dryer; Frestnd Elec Stv/Ovn; Refrigerator; Washer Utilities: Cable Available; Cable Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Heating: Central Forced Air; In-Floor Cooling: Central Air; Multi Units; Refrigerated Flooring: Brick; Carpet; Tile Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: Sign On Property Metering: Individual Electric; Individual Gas Operating Expenses: Accounting and Legal; Call Listing Broker; Insurance; Miscellaneous; Property Taxes; Repairs/Maintenance; Supplies; Utilities Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas; Some Utilities Parking: 1 Garage; Covered; Other Parking Roof: TPO (G) Rental Info: Call Listing Broker Finance Considered: Cash; Conventional Zoning: R-1A*
Listing Office: Bruce Caird Realty Inc.
Last Updated: April - 17 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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