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3055 SOUTHERN Boulevard SE, Rio Rancho, NM 87124
$650,000
Property Type:
Residential Income
Square Footage:
4,050
Lot Size (sq. ft.):
14,375
Status:
Closed
Current Price:
$650,000
List Date:
2/17/2022
Last Modified:
4/11/2024
Description
AMAZING 1 story 4-Plex in the BEST location!! Unit A features one large unit @ 1350', 3 bdr with 2 ba & attached 2 car garage! Units B & D offer: @ 900', 2 bedroom, full bath, with detached 1 car garage. The Owner currently occupies Unit C: 2 bed, 1 ba unit with detached 2 car garage, (Owner requests free occupancy through 5/31/22). GREAT opportunity to Live in this nice unit while earning income!!! Or- rent out all 4 units. The owners say the current renters are fantastic! Units A, B,C have tile. Unit D; recent carpet & tile in wet areas. All 4 units: Refrig AC, Gas range, Disposal, Frig, DW, washer/dryer. Convenient location- great shops, restaurants, & movies! Walking path & views of mountains outside! Super close to Albuquerque, Intel & Hospital. HOA: grounds maintenance.
More Information MLS# 1009063
Status Change Info
Pending Date: 2022-02-19
Closing Date: 2022-03-31
Contract Information
Listing Price: 650000
Current Price: $650,000
List Price/SqFt: 160.49
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 3055
Street Name: SOUTHERN
St Suffix: Boulevard
Post Direction: SE
County: Sandoval
City/Town Code: Rio Rancho
State/Province: NM
Zip Code: 87124
Zip +4: 1995
Geo Lat: 35.242053
Geo Lon: -106.674198
Area: 150 - Rio Rancho MiD
Zone Atlas: 45
City/County Data
UPC Code: 1012068514352
Subdivision: Country Club Square
General Property Description
# of Units: 4
5+ Units: No
Units for Sale: 4
Property Sub-Type: Four Plex
Apx Structured SqFt: 4050
SqFt Source: Floorplan
Lot Description: .33
Lot Size Source: On-Line
Acres: 0.33
Lot SqFt: 14374.8
Directions: From NM 528, head west onto Southern Blvd. Turn north at Trevino Blvd. Take immediate right (east) onto the one way road which leads to property.
Stories: 1
Total Stories in Bldg: 1
Total # of Buildings: 1
Year Built: 2004
Age: 16 - 20
Disability Access: Unknown
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 29-524
Current Taxes: 5436.76
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 49590
Operating Expenses: 13910
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Style: Attached 2 car gar
Approx. SqFt: 1350
Actual Rent: 1250
Max Rent: 1250
Market Rent: 1400
# of Unit Types (2)
# of Units: 2
# of Bedrooms: 2
# Baths: 1
Style: separate 1 car gar
Approx. SqFt: 900
Actual Rent: 1000
Max Rent: 1000
Market Rent: 1200
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: attached 2 car gar
Approx. SqFt: 900
Max Rent: 1200
Market Rent: 1250
Unit Summary
Total Units: 4
Average Unit Size: 1012.5
Average Actual Rent: 812.5
Annualized: 39000
Total Actual Rent: 3250
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Enclosed Yard; Laundry Equip. Owned; Owners Unit; Private Patios; Skylights; Some Landscaping
Appliances included: Dishwasher; Disposal; Dryer; Frestnd Gas Stv/Ovn; Refrigerator; Washer
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Central Air; Refrigerated
Flooring: Carpet; Tile
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Pets; Sign On Property
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Miscellaneous; Property Taxes
Owner Pays: Association Fees; Maintenance; Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Garage; 2 or More Garages; Guest Parking
Roof: Silicone
Rental Info: Yearly Lease
Finance Considered: Cash; Conventional; FHA; VA
Source: Owner Provided
Zoning: R-3
Documents
Listing Office: Realty One of New Mexico
Last Updated: April - 11 - 2024
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.