1804 BUENA VISTA Drive SE, Albuquerque, NM 87106
$350,000
Property Type:
Residential Income
Square Footage:
2,880
Lot Size (sq. ft.):
6,273
Status:
Closed
Current Price:
$350,000
List Date:
2/07/2021
Last Modified:
5/10/2021
Description
Recently remodeled fourplex in close proximity to UNM, CNM, and KAFB. Remodel includes granite countertops, new stainless appliances, remodeled baths, and flooring in a majority of the units. With rent of $700 delivers a cap rate of 6.38%. With rents bumped to $750, cap rate increases to 7.33%. Please do not disturb tenants. 1800 & 1804 Buena Vista are both being sold. Owner would prefer to sell as a pair but will entertain individual sales.
More Information MLS# 985361
Status Change Info
Pending Date: 2021-02-08
Closing Date: 2021-03-23
Contract Information
Listing Price: 350000
Current Price: $350,000
List Price/SqFt: 121.53
Status: Closed
Bank Owned: No
Location
Street #: 1804
Street Name: BUENA VISTA
St Suffix: Drive
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87106
Zip +4: 4169
Geo Lat: 35.062064
Geo Lon: -106.623907
Area: 42 - UNM South
Zone Atlas: L15
City/County Data
UPC Code: 101505649714340413
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 2880
SqFt Source: Per Appraisal
Lot Size Source: On-Line
Acres: 0.14
Lot SqFt: 6272.64
Directions: From Avenida Cesar Chavez and Buena Vista, go south on Buena Vista to property.
Stories: 2
Total # of Buildings: 1
Year Built: 1978
Age: 41 - 50
# Parking Spaces: 6
Disability Access: No
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 3
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 720
Actual Rent: 700
Max Rent: 750
Market Rent: 750
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 720
Actual Rent: 575
Max Rent: 750
Market Rent: 750
Unit Summary
Total Units: 4
Average Unit Size: 720
Average Actual Rent: 668.75
Annualized: 32100
Total Actual Rent: 2675
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Some Landscaping
Appliances included: Dishwasher; Frestnd Gas Stv/Ovn; Microwave; Refrigerator
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Tile; Wood
Electric Provider: Public Utility
Electric: None
Metering: Individual Electric; Individual Gas
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas
Parking: 1.5 Spaces Per Unit
Roof: Flat; Tar/Crushed Rock
Rental Info: Deposits; Late Fees; Yearly Lease
Finance Considered: Cash; Conventional; FHA; VA
Zoning: MX-M*
Listing Office: RE/MAX SELECT
Last Updated: May - 10 - 2021
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