201 Alvarado Drive NE, Albuquerque, NM 87108 (MLS# 957866)

201 Alvarado Drive NE, Albuquerque, NM 87108

$229,000
Property Type: Residential Income Square Footage: 3,012 Lot Size (sq. ft.): 6,011 Status: Closed
Current Price: $229,000 List Date: 4/20/2020 Last Modified: 3/17/2023

Description

Looking for your next great investment opportunity! Check this one out. This well maintained fourplex offers 2 bedrooms and 1 bathroom in each unit. The units are about 800 sqft and boast a living room, dining rook and kitchen that comes equipped with a fridge, stove and dishwasher. All units either have tile, laminate or carpet flooring. There are 2 parking spaces for each unit as well as extra storage areas. This fourplex has a laundry room onsite that offers tenants coin operated washer/dryers.What makes this even sweeter is that a brand new roof was recently installed with a 5 year warranty! This welcoming fourplex is conveniently located to UNM/Nobhill. You don't want to pass this one by! Inquire today and see where your next chapter will begin!

More Information MLS# 957866

Status Change Info

Pending Date: 2020-08-12 Closing Date: 2020-09-17

Contract Information

Listing Price: 229000 Current Price: $229,000 List Price/SqFt: 76.03 Status: Closed Bank Owned: No

Location

Street #: 201 Street Name: Alvarado St Suffix: Drive Post Direction: NE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87108 Zip +4: 1653 Geo Lat: 35.078892 Geo Lon: -106.582059 Area: 70 - Fairgrounds Zone Atlas: K18

City/County Data

UPC Code: 101805712622133302 Subdivision: Tijeras Place

General Property Description

# of Units: 4 5+ Units: No Property Sub-Type: Four Plex Apx Structured SqFt: 3012 SqFt Source: Floorplan Lot Size Source: Survey Acres: 0.14 Lot SqFt: 6011.28 Directions: From Central and San Mateo, go east on Central to north on Alvarado. The property is on the NW corner of Domingo and Alvarado. Stories: 2 Total # of Buildings: 1 Year Built: 1979 Age: 41 - 50 # Parking Spaces: 8 Disability Access: Unknown LBP Disclosure: Yes Builder: Unknown Owner Occupant Unit: No Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 1857.22 Tax Exemption: No

Basement

Basement: No

Income & Expenses

Annual Gross Income: 28800 Operating Expenses: 2000

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 753 Actual Rent: 595 Max Rent: 600 Market Rent: 695

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 753 Actual Rent: 600 Max Rent: 600 Market Rent: 695

# of Unit Types (3)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 753 Actual Rent: 600 Max Rent: 600 Market Rent: 695

# of Unit Types (4)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 753 Max Rent: 600 Market Rent: 695

Unit Summary

Total Units: 4 Average Unit Size: 753 Average Actual Rent: 448.75 Annualized: 21540 Total Actual Rent: 1795

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Balconies/Deck; Enclosed Yard; Laundry Community; Some Landscaping Appliances included: Frestnd Gas Stv/Ovn; Refrigerator Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Heating: Central Forced Air Cooling: Evaporative Cooling Flooring: Carpet; Vinyl Electric Provider: Public Utility Electric: None Metering: Individual Electric; Individual Gas Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas Parking: 2+Spaces Per Unit; Paved Lot Roof: Flat; Tar Gravel Rental Info: Yearly Lease Finance Considered: Cash; Conventional Source: Owner Provided Zoning: R-MH*

Documents

Listing Office: Keller Williams Realty
Last Updated: March - 17 - 2023

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

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