209 Kathryn Avenue SE, A-B, Albuquerque, NM 87102
$265,000
Property Type:
Residential Income
Square Footage:
1,200
Lot Size (sq. ft.):
4,792
Status:
Pending
Current Price:
$265,000
List Date:
3/19/2024
Last Modified:
4/05/2024
Description
Back on Market! Owner Financing with as little as $25k Down!! Property being sold Owner Financing only. This updated duplex is a fantastic opportunity. Located near downtown and UNM, this property offers convenience and potential. The large lot with backyard access provides tenants with secure off street parking and the possibility for the new owner to add additional units in the future, making it an ideal investment. Tenants pay their own electric and gas. Property is low maintenance and in great condition. Each unit just had a new water heater installed! Owner financing 15% down at 6% interest or $25,000 down at 7% interest, amortized over 30 years, Term of at least 3 years. Don't miss out on this nicely updated duplex with immense potential for growth and profitability!
More Information MLS# 1044105
Status Change Info
Pending Date: 2024-04-04
Contract Information
Listing Price: 265000
Current Price: $265,000
List Price/SqFt: 220.83
Status: Pending
Bank Owned: No
Location
Street #: 209
Street Name: Kathryn
St Suffix: Avenue
Post Direction: SE
Unit #: A-B
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 4786
Geo Lat: 35.065878
Geo Lon: -106.648154
Area: 90 - Near South Valley
Zone Atlas: L14
City/County Data
UPC Code: 101405626626610105
General Property Description
# of Units: 2
5+ Units: No
Units for Sale: 2
Property Sub-Type: Duplex
Apx Structured SqFt: 1200
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.11
Lot SqFt: 4791.6
Directions: I-25 to Avenida Cesar Chavez, West to Broadway, South on Broadway to Kathryn, West to property on your right.
Stories: 1
Total # of Buildings: 1
Year Built: 1925
Age: 81 - 99
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1206.94
Tax Exemption: No
Cooling
Centrally Ducted: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 600
Actual Rent: 775
Max Rent: 900
Market Rent: 900
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 600
Actual Rent: 775
Max Rent: 900
Market Rent: 900
Unit Summary
Total Units: 2
Average Unit Size: 600
Average Actual Rent: 775
Annualized: 18600
Total Actual Rent: 1550
Property Features
Construction: Adobe
Exterior Material: Stucco
Build Description: Resale
Amenities: Enclosed Yard; Skylights
Appliances included: Frestnd Elec Stv/Ovn; Refrigerator
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: 2+ Units; Wall Unit
Cooling: Evaporative Cooling; Multi Units
Flooring: Tile
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Other - See Remarks
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: Other Parking
Roof: Flat
Rental Info: Call Listing Broker
Finance Considered: Owner Financing
Zoning: R-1A*
Listing Office: HomeSmart Realty Pros
Last Updated: April - 05 - 2024
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