200 Pennsylvania Street NE, Albuquerque, NM 87108 (MLS# 1038563)

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200 Pennsylvania Street NE, Albuquerque, NM 87108

$1,725,000
Property Type: Residential Income Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $1,725,000 List Date: 1/22/2024 Last Modified: 1/25/2024

Description

30 unit multifamily opportunity with 28 studios, 1 - 1/1, and 1 -2/1. 15 units have been remodeled! Property features newer TPO roofs and owned solar!

More Information MLS# 1038563

Contract Information

Listing Price: 1725000 Current Price: $1,725,000 Status: Active Bank Owned: No

Location

Street #: 200 Street Name: Pennsylvania St Suffix: Street Post Direction: NE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87108 Zip +4: 2256 Geo Lat: 35.076558 Geo Lon: -106.558886 Area: 70 - Fairgrounds Zone Atlas: K19

City/County Data

UPC Code: 101905729014441701

General Property Description

# of Units: 30 5+ Units: Yes Property Sub-Type: 9 or More Units Lot Size Source: On-Line Acres: 0.16 Lot SqFt: 6969.6 Directions: Take I-40 South on Louisiana, east on Central, North on Pennsylvania. Stories: 2 Total # of Buildings: 2 Year Built: 1973 Age: 51 - 60 Disability Access: Unknown LBP Disclosure: Yes Builder: Unknown Owner Occupant Unit: No Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 2884.84 Tax Exemption: Unknown

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 28 # Baths: 1 Approx. SqFt: 400 Actual Rent: 634 Max Rent: 755 Market Rent: 755

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 1 # Baths: 1 Approx. SqFt: 500 Max Rent: 795 Market Rent: 795

# of Unit Types (3)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 500 Actual Rent: 1030 Max Rent: 1030 Market Rent: 1030

Unit Summary

Total Units: 30 Average Unit Size: 406.66 Average Actual Rent: 626.06 Annualized: 225384 Total Actual Rent: 18782

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Laundry Community Appliances included: Frestnd Gas Stv/Ovn Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Wall Unit Cooling: Evaporative Cooling Flooring: Tile; Vinyl Green Energy Generation: None Electric Provider: Public Utility Metering: All Master Metering; Other - See Remarks Owner Pays: None Tenant Pays: Electric; Gas; Trash Removal; Water Rental Info: Month To Month Finance Considered: Cash; Conventional Zoning: R-MH*
Listing Office: Keller Williams Realty
Last Updated: January - 25 - 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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