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308 N 15TH Street, Belen, NM 87002
$230,000
Property Type:
Residential Income
Square Footage:
1,363
Lot Size (sq. ft.):
4,792
Status:
Closed
Current Price:
$230,000
List Date:
5/20/2022
Last Modified:
8/30/2023
Description
Calling all investors! Super cute 2-unit property close to Amazon and Facebook. Unit A has 2 bedrooms,1 bathroom and is currently on a long-term lease with 11 months remaining. Unit B has 1 bedroom and a full bathroom and is being used for short-term rentals in three-month increments, and all furnishings will convey! Tenants already in place! Unit A - $1,100 Per month, Unit B - $1,200, Combined rent is $2,300. Metered separately.Tons of updates to start your investment off on the right track! Updates include New Subfloors in unit A! New electrical throughout with 200 amp service, new mini splits in both, new luxury vinyl floors in both, new windows in both, a new roof on both units, new washer dryer combo units, new dishwasher and ranges in both. New pex plumbing throughout to the street
More Information MLS# 1015233
Status Change Info
Pending Date: 2022-05-24
Closing Date: 2022-06-03
Contract Information
Listing Price: 230000
Current Price: $230,000
List Price/SqFt: 168.75
Status: Closed
Bank Owned: No
Location
Street #: 308
Direction: N
Street Name: 15TH
St Suffix: Street
County: Valencia
City/Town Code: Belen
State/Province: NM
Zip Code: 87002
Zip +4: 3014
Geo Lat: 34.664007
Geo Lon: -106.784963
Area: 741 - Belen
Zone Atlas: QQQ6
City/County Data
UPC Code: 1 006 028 389 403 000000
Subdivision: Olguin Add
General Property Description
# of Units: 2
5+ Units: No
Property Sub-Type: House Plus Unit(s)
Apx Structured SqFt: 1363
SqFt Source: Floorplan
Apx Lot Dim Front: N
Lot Size Source: On-Line
Acres: 0.11
Lot SqFt: 4792
Directions: From Los Lunas and I-25, go South on I-25 approximately 6.7 miles, Exit 195, continue South, go Right on North Mesa Road, go Left on W. Reinken Ave, go Left on N 15th street to property.
Stories: 1
Total # of Buildings: 2
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: 14-129
Current Taxes: 868.66
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: 727
Actual Rent: 1100
Max Rent: 1100
Market Rent: 1100
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 635
Actual Rent: 1200
Max Rent: 1200
Market Rent: 1200
Unit Summary
Total Units: 2
Average Unit Size: 681
Average Actual Rent: 1150
Annualized: 27600
Total Actual Rent: 2300
Property Features
Construction: Adobe; Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Ceiling Fan(s); Wshr/Dryr HU in Unit
Appliances included: Dishwasher; Dryer; Frestnd Elec Stv/Ovn; Refrigerator; Washer
Utilities: Electricity Connected; Sewer Connected; Water Connected
Heating: Ductless
Cooling: Other
Flooring: Vinyl
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign; Some Furnished
Metering: Sub-Metering; Other - See Remarks
Owner Pays: Other - See Remarks
Tenant Pays: Electric; Gas; Maintenance; Sewer; Trash Removal; Water; Other - See Remarks
Roof: Pitched
Rental Info: Current Lse Agreemnt; Pet Deposit; Other - See Remarks
Finance Considered: Cash; Conventional
Zoning: R-1
Documents
Listing Office: Keller Williams Realty
Last Updated: August - 30 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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