201 Manzano Street NE, Albuquerque, NM 87108
$1,650,606
Property Type:
Residential Income
Square Footage:
9,150
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$1,650,606
List Date:
8/27/2023
Last Modified:
4/09/2024
Description
a core asset in a beloved Nob Hill neighborhood. Well-built and well maintained - each apartment at 201 Manzano and 202 Quincy NE offers a unique floor plan with amazing vintage and classic touches. Units come with carports/garages, refrigerated air and forced central heating, private off-street parking, bonus storage, on-site laundry, and lots of unique extras. Some units have private yards as well.
Quality bones, well-made vintage finishes, solid and modern mechanical systems - a buyer with vision can reap the benefits of easy cosmetic updating and modernization to push rents in alliance with the improving east Nob Hill submarket. These back to back communities, separated only by a public alley are within close proximity to mass transit and extra space would be ideal for any owner.
More Information MLS# 1040514
Contract Information
Listing Price: 1650606
Current Price: $1,650,606
List Price/SqFt: 180.39
Status: Active
Allowance/Concession: No
Bank Owned: No
Location
Street #: 201
Street Name: Manzano
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 1380
Geo Lat: 35.080332
Geo Lon: -106.589116
Area: 40 - UNM
Zone Atlas: K17
City/County Data
UPC Code: 101705746127110601
Subdivision: Heights Reservoir
General Property Description
# of Units: 13
5+ Units: Yes
Units for Sale: 13
Property Sub-Type: 9 or More Units
Apx Structured SqFt: 9150
Lot Size Source: On-Line
Acres: 0.17
Lot SqFt: 7405.2
Directions: From I-40 and Carlise south to Copper, east to property.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 2
Year Built: 1971
Age: 51 - 60
Disability Access: No
LBP Disclosure: Yes
Builder: Madrid
Owner Occupant Unit: No
Multiple Lots: Two
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3371.12
Tax Exemption: No
Cooling
Centrally Ducted: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 136421
Operating Expenses: 42469
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 11
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 711
Actual Rent: 859
Max Rent: 862
Market Rent: 1031
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 790
Actual Rent: 1025
Max Rent: 1025
Market Rent: 1075
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Furnished
Approx. SqFt: 535
Actual Rent: 1250
Max Rent: 1400
Market Rent: 1400
Unit Summary
Total Units: 13
Average Unit Size: 703.53
Average Actual Rent: 901.84
Annualized: 140688
Total Actual Rent: 11724
Property Features
Construction: Block; Brick; Frame
Exterior Material: Brick Veneer; Stucco; Wood Siding
Build Description: Resale
Amenities: Some Landscaping
Appliances included: Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Phone Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Carpet; Tile; Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign
Metering: Other - See Remarks
Operating Expenses: Other - See Remarks
Owner Pays: Other - See Remarks
Tenant Pays: Other - See Remarks
Parking: 1 Garage; Covered
Roof: Flat
Rental Info: Other - See Remarks
Finance Considered: Cash; Conventional
Zoning: R-MH*
Documents
Flyer & APOD ›Listing Office: NM Apartment Advisors, Inc.
Last Updated: April - 09 - 2024
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