228 63rd Street NW, Albuquerque, NM 87105 (MLS# 884319)

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228 63rd Street NW, Albuquerque, NM 87105

$169,000
Property Type: Residential Income Square Footage: 2,924 Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $169,000 List Date: 2/12/2017 Last Modified: 7/10/2018

Description

Townhouse style units with attractive floorplan. Recently renovated unit B is lockbox and available for showing. 7.9% Cap rate (actual), 11.4% Cap rate (proforma) Owner also owns 2 more fourplexes on same street - all 3 can be purchased for discount.

More Information MLS# 884319

Status Change Info

Pending Date: 2017-05-01 Closing Date: 2017-06-27

Contract Information

Listing Price: 169000 Current Price: $169,000 List Price/SqFt: 57.8 Status: Closed Allowance/Concession: No Bank Owned: No

Location

Street #: 228 Street Name: 63rd St Suffix: Street Post Direction: NW County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87105 Zip +4: 2044 Geo Lat: 35.083418 Geo Lon: -106.707449 Area: 111 - Ladera Heights Zone Atlas: K11

City/County Data

UPC Code: 101105706738620625 Subdivision: Casa Blanca Add

General Property Description

# of Units: 4 5+ Units: No Units for Sale: 4 Property Sub-Type: Four Plex Apx Structured SqFt: 2924 SqFt Source: Professional Lot Size Source: On-Line Acres: 0.13 Lot SqFt: 5662.8 Directions: From I-40 and Coors, south to Route 55 (Central), east to 63rd, turn at Mac's Steak in the Rough (63rd) - north to property. Stories: 2 Total Stories in Bldg: 2 Total # of Buildings: 1 Year Built: 1978 Age: 31 - 40 # Parking Spaces: 6 Disability Access: Unknown LBP Disclosure: No Builder: Unknown Owner Occupant Unit: Yes Multiple Lots: One

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 2118.52 Tax Exemption: No

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 4 # of Bedrooms: 2 # Baths: 1 Style: Townhouse Approx. SqFt: 731 Actual Rent: 518 Max Rent: 555 Market Rent: 670

Unit Summary

Total Units: 4 Average Unit Size: 731 Average Actual Rent: 518 Annualized: 24864 Total Actual Rent: 2072

Property Features

Construction: Frame Exterior Material: Stucco Amenities: No Landscaping Appliances included: Frestnd Elec Stv/Ovn Utilities: All City Heating: Gas Cooling: Evaporative Cooling Flooring: Carpet Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Rental Info: Call Listing Broker Finance Considered: Conventional; FHA; VA Source: Actual Record; Broker Provided; Owner Provided Zoning: R-2
Listing Office: NM Apartment Advisors, Inc.
Last Updated: July - 10 - 2018

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.