317 - 319 Pennsylvania Street NE, Albuquerque, NM 87108
$399,000
Property Type:
Residential Income
Square Footage:
5,200
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$399,000
List Date:
3/24/2020
Last Modified:
1/03/2023
Description
Under Contract Taking Backup Offers.
Fantastic opportunity to own
a cash flowing, multifamily
investment. This property features
a security gate, new furnaces, new
water heaters, updated windows,
new TPO roof. Additionally, all
units have been recently repainted,
include new flooring, and most
have security doors.
More Information MLS# 961230
Status Change Info
Pending Date: 2020-04-01
Closing Date: 2020-05-18
Contract Information
Listing Price: 399000
Current Price: $399,000
List Price/SqFt: 76.73
Status: Closed
Bank Owned: No
Location
Street #: 317 - 319
Street Name: Pennsylvania
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Geo Lat: 35.078925
Geo Lon: -106.559473
Area: 70 - Fairgrounds
Zone Atlas: K19
City/County Data
UPC Code: Not Available
General Property Description
# of Units: 8
5+ Units: Yes
Property Sub-Type: 8 Units
Apx Structured SqFt: 5200
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.22
Lot SqFt: 9583
Directions: Heading East on Central, turn North onto Pennsylvania St. Property located on West-side of street.
Stories: 2
Total # of Buildings: 2
Year Built: 1970
Age: 41 - 50
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3220
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: Section 8
Approx. SqFt: 650
Actual Rent: 877
Max Rent: 877
Market Rent: 877
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 650
Actual Rent: 575
Max Rent: 600
Market Rent: 600
# of Unit Types (3)
# of Units: 6
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 650
Actual Rent: 600
Max Rent: 600
Market Rent: 600
Unit Summary
Total Units: 8
Average Unit Size: 650
Average Actual Rent: 631.5
Annualized: 60624
Total Actual Rent: 5052
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Outside Lights; Security Gate
Appliances included: Refrigerator
Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Heating: Hot Water
Cooling: Evaporative Cooling
Flooring: Laminate
Electric Provider: Public Utility
Electric: None
Metering: Individual Electric; Individual Gas
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit
Roof: Flat; TPO (G)
Rental Info: Month To Month
Finance Considered: Cash; Conventional
Zoning: R-ML*
Documents
Flyer ›Listing Office: NAI SunVista Commercial RE
Last Updated: January - 03 - 2023
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