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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*
Documents
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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