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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.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.