302 Solano Drive NE, Albuquerque, NM 87108
$560,000
Property Type:
Residential Income
Square Footage:
2,497
Lot Size (sq. ft.):
6,970
Status:
Pending
Current Price:
$560,000
List Date:
8/22/2023
Last Modified:
4/16/2024
Description
This triplex is located in the highly sought-after UNM Nob Hill district, recognized as one of the most desirable areas in Albuquerque. It comprises three units, each with 2-bedrooms and 1-bathroom, currently occupied by long-term tenants on month-to-month leases. Each unit is equipped with private2 bedrooms washers/dryers and fenced yards, providing a comfortable living experience. Parking is available for up to 3 cars in the driveway and 2 cars in the garage. Noteworthy features include original hardwood floors and newer floor furnaces in each unit. The property is xeriscaped with mature trees and plants, promoting water conservation and offering long-term savings on landscaping maintenance costs.
Supplements: Additionally, the triplex has separate metering for gas and electricity, with tenants responsible for individual coverage, while water expenses are conveniently included in the rent.
More Information MLS# 1037074
Status Change Info
Pending Date: 2024-01-30
Contract Information
Listing Price: 560000
Current Price: $560,000
List Price/SqFt: 224.27
Status: Pending
Allowance/Concession: No
Bank Owned: No
Location
Street #: 302
Street Name: Solano
St Suffix: Drive
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 1044
Geo Lat: 35.082128
Geo Lon: -106.601805
Area: 40 - UNM
Zone Atlas: K17
City/County Data
UPC Code: 101705707833420824
General Property Description
# of Units: 3
5+ Units: No
Property Sub-Type: Triplex
Apx Structured SqFt: 2497
SqFt Source: Per Appraisal
Lot Size Source: On-Line
Acres: 0.16
Lot SqFt: 6969.6
Directions: From I-40 and Carlisle, South on Carlisle for approximately 2 miles, east on Grand to Solano. Property sits on corner.
Stories: 1
Total # of Buildings: 1
Year Built: 1956
Age: 61 - 70
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3307.54
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 863
Actual Rent: 963
Max Rent: 1400
Market Rent: 1400
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 831
Actual Rent: 938
Max Rent: 1400
Market Rent: 1400
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 803
Actual Rent: 908
Max Rent: 1400
Market Rent: 1400
Unit Summary
Total Units: 3
Average Unit Size: 832.33
Average Actual Rent: 936.33
Annualized: 33708
Total Actual Rent: 2809
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Ceiling Fan(s); Private Patios; Tenant Storage; Wshr/Dryr HU in Unit
Appliances included: Dryer H/U; Frestnd Gas Stv/Ovn; Refrigerator; Washer; Washer H/U
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Heating: Floor Furnace
Cooling: Evaporative Cooling
Flooring: Laminate; Wood
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: Sign On Property
Metering: Individual Electric; Individual Gas
Owner Pays: Maintenance; Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 2 or More Garages; Assigned Parking; Other Parking
Roof: Flat; Tar Gravel
Rental Info: Call Listing Broker; Current Lse Agreemnt; Deposits; Month To Month; Rental History Avail
Finance Considered: Cash; Conventional
Source: Actual Record
Zoning: R-1B*
Documents
Lead Based Paint ›Listing Office: CasaBella Realty & Investment
Last Updated: April - 16 - 2024
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