1641 PRINCETON Drive SE, Albuquerque, NM 87106
$219,900
Property Type:
Residential Income
Square Footage:
2,116
Lot Size (sq. ft.):
6,490
Status:
Closed
Current Price:
$219,900
List Date:
3/24/2020
Last Modified:
2/23/2024
Description
This is a cute duplex nestled in a quiet neighborhood of 87106. It has been a rental property for years attracting quality tenants.
The front house is a cute adobe with 2 bedrooms and 1 bath and the back unit is the same but a little bigger and more contemporary.
This property is not finance-able by a lender nor will the owner provide financing.
This property doesn't qualify for traditional financing. Good news, REC available up to $150K.
Great investment property for the right cash buyer.
Currently getting $2300/mo in rent but could get up to $2500/mo.
Both current tenants are happy in place and want to stay.
More Information MLS# 965135
Status Change Info
Pending Date: 2020-05-19
Closing Date: 2020-08-19
Contract Information
Listing Price: 219900
Current Price: $219,900
List Price/SqFt: 103.92
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 1641
Street Name: PRINCETON
St Suffix: Drive
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87106
Zip +4: 3107
Geo Lat: 35.063523
Geo Lon: -106.615632
Area: 42 - UNM South
Zone Atlas: L16
City/County Data
UPC Code: 101605618919231502
Subdivision: Loma Linda Sub
General Property Description
# of Units: 2
5+ Units: No
Property Sub-Type: Duplex
Apx Structured SqFt: 2116
SqFt Source: Per Appraisal
Lot Size Source: On-Line
Acres: 0.15
Lot SqFt: 6490.44
Directions: Second house on the left as you head north on Princeton from Thaxton.
Stories: 1
Total # of Buildings: 2
Year Built: 1950
Year Built Exception: Unknown
Age: 61 - 70
Disability Access: Unknown
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 2500
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 900
Actual Rent: 1000
Max Rent: 1100
Market Rent: 1000
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1255
Actual Rent: 1300
Max Rent: 1300
Market Rent: 1300
Unit Summary
Total Units: 2
Average Unit Size: 1077.5
Average Actual Rent: 1150
Annualized: 27600
Total Actual Rent: 2300
Property Features
Construction: Adobe; Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Wshr/Dryr HU in Unit
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator
Utilities: All City
Heating: 2+ Units; Central Forced Air; Ductless; Wood Stove
Cooling: Evaporative Cooling; Multi Units; Refrigerated
Flooring: Tile
Electric Provider: Public Utility
Electric: None
Owner Pays: Electric; Gas; Sewer; Trash Removal; Water
Tenant Pays: None
Rental Info: 6 Month; Month To Month
Finance Considered: Cash; Owner Financing
Zoning: R-1B*
Documents
Plat/Map Survey ›Listing Office: Switch Realty, LLC
Last Updated: February - 23 - 2024
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