317 GOLD Avenue SW, Albuquerque, NM 87102
$600,000
Property Type:
Residential Income
Square Footage:
7,000
Lot Size (sq. ft.):
7,144
Status:
Closed
Current Price:
$600,000
List Date:
10/28/2019
Last Modified:
4/07/2022
Description
Awesome Income Property in Downtown Albuquerque - Two Upstairs Lofts have Private Patios - Ground Floor Units have tons of Potential for Restaurant, Office or Retail Space.
More Information MLS# 956844
Status Change Info
Pending Date: 2019-10-31
Closing Date: 2019-11-22
Contract Information
Listing Price: 600000
Current Price: $600,000
List Price/SqFt: 85.71
Status: Closed
Bank Owned: No
Location
Street #: 317
Street Name: GOLD
St Suffix: Avenue
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 3297
Geo Lat: 35.083769
Geo Lon: -106.651397
Area: 80 - Downtown Area
Zone Atlas: K14
City/County Data
UPC Code: 101405717440023302
General Property Description
# of Units: 4
5+ Units: No
Units for Sale: 4
Property Sub-Type: Other - See Remarks
Apx Structured SqFt: 7000
SqFt Source: Broker
Apx Lot Dim Front: 50
Apx Lot Dim Side: 143
Lot Size Source: On-Line
Acres: 0.16
Lot SqFt: 7143.84
Directions: On the Corner of 4th & Gold - 2 Blocks South of Central
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 1
Year Built: 1922
Age: 81 - 99
# Parking Spaces: 16
Disability Access: Unknown
LBP Disclosure: Yes
Builder: UNK
Owner Occupant Unit: Yes
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 4765.04
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 58440
Operating Expenses: 19322
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# Baths: 1
Style: Loft
Approx. SqFt: 800
Actual Rent: 870
Max Rent: 1100
Market Rent: 1100
# of Unit Types (2)
# of Units: 1
# Baths: 1
Style: Loft
Approx. SqFt: 800
Actual Rent: 775
Max Rent: 1100
Market Rent: 1100
# of Unit Types (3)
# of Units: 1
# Baths: 1
Style: Restaurant/Retail
Approx. SqFt: 1500
Actual Rent: 1200
Max Rent: 2000
Market Rent: 2000
# of Unit Types (4)
# of Units: 1
# Baths: 1
Style: Office/Retail
Approx. SqFt: 1500
Actual Rent: 1800
Max Rent: 2000
Market Rent: 2000
Unit Summary
Total Units: 4
Average Unit Size: 1150
Average Actual Rent: 1161.25
Annualized: 55740
Total Actual Rent: 4645
Property Features
Construction: Adobe; Block; Brick
Exterior Material: Stucco
Build Description: Resale
Amenities: No Landscaping; Private Patios
Appliances included: Dishwasher; Refrigerator
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air; Other - See Remarks
Cooling: Evaporative Cooling; Refrigerated
Flooring: Carpet; Concrete; Tile; Wood
Electric Provider: Public Utility
Metering: Master Electric; Master Gas
Operating Expenses: Insurance; Property Management; Property Taxes; Repairs/Maintenance; Utilities
Owner Pays: Electric; Maintenance; Sewer; Water
Tenant Pays: No Utilities; Parking
Parking: Other Parking
Roof: Flat; Positive Pitched
Rental Info: Current Lse Agreemnt
Finance Considered: Cash
Source: Projection
Zoning: MX-FB-UD*
Listing Office: PS Properties
Last Updated: April - 07 - 2022
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