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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
Documents
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.