301 Grove NE, Albuquerque, NM 87108
$183,700
Property Type:
Residential Income
Square Footage:
6,032
Lot Size (sq. ft.):
6,534
Status:
Closed
Current Price:
$183,700
List Date:
2/23/2017
Last Modified:
8/16/2017
Description
Four plex in great rental area. All units have been remodeled. New tile floors throughout, new cabinets, counter tops, paint and fixtures. Great return on investment. To be sold together with 301 grove. APOD is for all 8 units. All units occupied. Please do not disturb tenants or walk the property.
More Information MLS# 885085
Status Change Info
Pending Date: 2017-03-17
Closing Date: 2017-05-30
Contract Information
Listing Price: 183700
Current Price: $183,700
List Price/SqFt: 30.45
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 301
Street Name: Grove
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 5701
Geo Lat: 35.078298
Geo Lon: -106.562308
Area: 70 - Fairgrounds
Zone Atlas: K19
City/County Data
UPC Code: 101905719020632548
Subdivision: Loma Verde Sub
General Property Description
# of Units: 4
5+ Units: No
Units for Sale: 4
Property Sub-Type: Four Plex
Apx Structured SqFt: 6032
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.15
Lot SqFt: 6534
Directions: I40 / Louisiana, South to Domingo Rd (first street North of Central)go east to Grove. Northwest corner of Grove and Domingo NE.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 1
Year Built: 1979
Year Built Exception: Unknown
Age: 41 - 50
# Parking Spaces: 7
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1613.68
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 57240
Operating Expenses: 20829
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 823
Actual Rent: 740
Max Rent: 740
Market Rent: 740
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 685
Actual Rent: 580
Max Rent: 625
Market Rent: 625
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 754
Actual Rent: 600
Max Rent: 650
Market Rent: 650
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 754
Actual Rent: 525
Max Rent: 650
Market Rent: 650
Unit Summary
Total Units: 4
Average Unit Size: 754
Average Actual Rent: 611.25
Annualized: 29340
Total Actual Rent: 2445
Property Features
Construction: Frame
Exterior Material: Stucco
Amenities: Outside Lights; Some Landscaping
Appliances included: Disposal; Fan/Hood; Frestnd Gas Stv/Ovn; Refrigerator
Utilities: All City; Electric; Natural Gas
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Tile
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Utilities
Owner Pays: Sewer; Some Utilities; Trash Removal; Water
Tenant Pays: Some Utilities
Parking: 1.5 Spaces Per Unit; Paved Lot
Roof: Flat; Tar Gravel
Rental Info: Call Listing Broker; Current Lse Agreemnt; Deposits; Late Fees; Yearly Lease; Other - See Remarks
Finance Considered: Cash; Conventional; FHA; Owner Financing
Source: Broker Provided; Owner Provided
Zoning: R-2
Listing Office: ABQ Properties LLC
Last Updated: August - 16 - 2017
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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