301 Geraldine Loop SE, Rio Rancho, NM 87124
$545,000
Property Type:
Residential Income
Square Footage:
3,176
Lot Size (sq. ft.):
14,810
Status:
Closed
Current Price:
$545,000
List Date:
3/05/2024
Last Modified:
4/20/2024
Description
Four plex in great location. All 4 units are 2 bedroom 1 bath. Potential for income producing investment. Converted to Refridgerated air 2022, all furnaces were replaced in 2022, TPO roof 2019, all tiled, each unit has a car port nice views of the Sandias. Currently 1 unit vacant for viewing, the 3 others are on Month to Month. Nice size lot. Mintues to Southern and Unser close to shopping, Plenty of parking. Nice size corner lot. Come check this out. Do not bother tenants.
More Information MLS# 1058150
Status Change Info
Pending Date: 2024-03-06
Closing Date: 2024-04-18
Contract Information
Listing Price: 545000
Current Price: $545,000
List Price/SqFt: 171.6
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 301
Street Name: Geraldine
St Suffix: Loop
Post Direction: SE
County: Sandoval
City/Town Code: Rio Rancho
State/Province: NM
Zip Code: 87124
Geo Lat: 35.251335
Geo Lon: -106.699643
Area: 150 - Rio Rancho MiD
Zone Atlas: 52
City/County Data
UPC Code: 1011069280183
General Property Description
# of Units: 4
5+ Units: No
Units for Sale: 4
Property Sub-Type: Four Plex
Apx Structured SqFt: 3176
SqFt Source: Broker
Lot Size Source: Per Appraisal
Acres: 0.34
Lot SqFt: 14810
Directions: From Unser and Southern continue north to 5th turn left (west) to 18th turn right (north) to corner of 18th and Geraldine Loop.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 1
Year Built: 1978
Year Built Source: Owner
Age: 41 - 50
# Parking Spaces: 4
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: One
Flood Zone: X
Tax & Legal Info
GRT Code: 29-524
Current Taxes: 3092.68
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 794
Actual Rent: 750
Max Rent: 1200
Market Rent: 1100
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 794
Actual Rent: 800
Max Rent: 1200
Market Rent: 1100
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 794
Actual Rent: 850
Max Rent: 1200
Market Rent: 1100
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 794
Max Rent: 1200
Market Rent: 1100
Unit Summary
Total Units: 4
Average Unit Size: 794
Average Actual Rent: 600
Annualized: 28800
Total Actual Rent: 2400
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Outside Lights; Tenant Storage
Appliances included: Dryer; Fan/Hood; Frestnd Elec Stv/Ovn; Refrigerator; Washer
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Water Connected
Heating: Central Forced Air
Cooling: Refrigerated
Flooring: Tile
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: Sign On Property
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Repairs/Maintenance
Owner Pays: Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit
Roof: TPO (G)
Rental Info: Month To Month
Finance Considered: Cash; Conventional; FHA; VA
Zoning: R-2
Listing Office: RE/MAX Signature
Last Updated: April - 20 - 2024
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