312 Charleston Street NE, Albuquerque, NM 87108
$375,000
Property Type:
Residential Income
Lot Size (sq. ft.):
8,712
Status:
Closed
Current Price:
$375,000
List Date:
1/23/2024
Last Modified:
3/08/2024
Description
Discover a lucrative investment in this renovated 4-plex, offering four one-bedroom, one-bathroom units. Unit 2 is now available for showings.
All units, excluding Unit 1, have undergone a contemporary transformation, ensuring a sophisticated living experience for tenants. The sleek design and finishes create an attractive and comfortable atmosphere. Unlock the potential of this property's income-generating prowess. With a history of short-term furnished rentals catering to traveling nurses, each unit commands $1400 per month for 3-month stays. This proven track record makes it an enticing prospect for investors seeking reliable returns. While the property is offered unfurnished, the furniture utilized in the successful short-term rentals can be purchased separately. This turnkey option
Supplements: allows for a seamless transition into a rental business or provides added convenience for future tenants. Conveniently positioned for tenant accessibility to amenities, making it an appealing choice for both residents and potential buyers.
More Information MLS# 1055903
Status Change Info
Pending Date: 2024-01-26
Closing Date: 2024-03-07
Contract Information
Listing Price: 375000
Current Price: $375,000
Status: Closed
Bank Owned: No
Location
Street #: 312
Street Name: Charleston
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Geo Lat: 35.0788
Geo Lon: -106.560512
Area: 70 - Fairgrounds
Zone Atlas: K19
City/County Data
UPC Code: 101905724222332716
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Lot Size Source: On-Line
Acres: 0.2
Lot SqFt: 8712
Directions: From I-40 and Wyoming, south to Copper, West to Charleston, south to property.
Stories: 1
Total # of Buildings: 1
Year Built: 1961
Age: Select One
Disability Access: Unknown
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 2550.34
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 4
# of Bedrooms: 4
# Baths: 4
Approx. SqFt: 2688
Actual Rent: 1400
Max Rent: 1400
Market Rent: 1400
Unit Summary
Total Units: 4
Average Unit Size: 2688
Average Actual Rent: 1400
Annualized: 67200
Total Actual Rent: 5600
Property Features
Construction: Block; Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: No Landscaping
Appliances included: Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Wall Unit
Cooling: Evaporative Cooling
Flooring: Tile
Green Energy Generation: None
Electric Provider: Public Utility
Owner Pays: Other - See Remarks
Tenant Pays: None
Rental Info: Call Listing Broker
Finance Considered: Cash; Conventional; FHA
Zoning: R-MH*
Documents
SE Property Disclosure Statement (AMF) ›Listing Office: Keller Williams Realty
Last Updated: March - 08 - 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.