314 Sycamore Street SE, Albuquerque, NM 87106
$300,000
Property Type:
Residential Income
Square Footage:
1,798
Lot Size (sq. ft.):
8,276
Status:
Closed
Current Price:
$300,000
List Date:
2/13/2018
Last Modified:
4/08/2024
Description
This UNM home on a huge double lot is packed with charm and potential. Recently remodeled and updated, the home manages to shine while also paying tribute to it's historical history craftsmanship and details you will only find in a historical home. The large floor plan upstairs, with two bedrooms offers plenty of space. While the finished large basement with a kitchen and bathroom has tremendous income potential.
The property has a built in AirBNB potential with the upstairs renting out for $100/night and frequently getting $2000/month and the basement renting out for $55/night and gets $675/month. The income potential makes this a rare opportunity for this neighborhood.
The rare UNM large double lot and SU-2 zoning gives you the potential to create even more income potential.
More Information MLS# 911070
Status Change Info
Pending Date: 2018-02-22
Closing Date: 2018-03-20
Contract Information
Listing Price: 300000
Current Price: $300,000
List Price/SqFt: 166.85
Status: Closed
Bank Owned: No
Location
Street #: 314
Street Name: Sycamore
St Suffix: Street
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87106
Zip +4: 5228
Geo Lat: 35.079297
Geo Lon: -106.631713
Area: 42 - UNM South
Zone Atlas: K15
City/County Data
UPC Code: 101505723622832212
Subdivision: Terrace Add
General Property Description
# of Units: 2
5+ Units: No
Property Sub-Type: Other - See Remarks
Apx Structured SqFt: 1798
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.19
Lot SqFt: 8276.4
Directions: I-25/Central, East to Sycamore, South to property.
Stories: 1
Total # of Buildings: 1
Year Built: 1920
Disability Access: Unknown
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: Yes
Multiple Lots: Two
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1822.86
Tax Exemption: Unknown
Basement
Basement: Yes
Bsmt Overall SqFt: 798
Basement Heated: Yes
Basement SqFt Incl: Yes
Basement Finished: Yes
Basement Fnshd SqFt: 798
Basement Entry/Exit: Walk Up
Basement Bedrooms: 1
Basement Bathrooms: 1
Basement Other Rooms: 1
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 2000
Max Rent: 2000
Market Rent: 2000
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 798
Actual Rent: 575
Max Rent: 575
Market Rent: 575
Unit Summary
Total Units: 2
Average Unit Size: 899
Average Actual Rent: 1287.5
Annualized: 30900
Total Actual Rent: 2575
Property Features
Construction: Frame
Exterior Material: Brick/Wainscoting; Masonite
Build Description: Resale
Amenities: Balconies/Deck; Wshr/Dryr HU in Unit
Appliances included: Blt-In Gas Stve/Oven; Dishwasher; Dryer H/U; Refrigerator
Utilities: All City
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Wood
Owner Pays: Electric; Gas; Sewer; Water
Tenant Pays: None
Parking: 1 Garage
Roof: Metal
Rental Info: Call Listing Broker; Other - See Remarks
Finance Considered: Cash; Conventional; FHA; VA
Zoning: SU-2
Listing Office: Realty One of New Mexico
Last Updated: April - 08 - 2024
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