325 TENNESSEE Street NE, Albuquerque, NM 87108
$187,000
Property Type:
Residential Income
Square Footage:
2,250
Lot Size (sq. ft.):
6,752
Status:
Closed
Current Price:
$187,000
List Date:
2/09/2021
Last Modified:
4/30/2021
Description
Calling all Investors or live in one let the rent from the other two make your payments! Nice tri-plex with good cash flow, fully gated 1 story, each unit has 2 bedrooms and 1 bath with small yards. Roof was replaced with TPO roof in 2019. With a little TLC could have some upside on the rents. Great location close to restaurants and shopping. Easy access to I-25. Separately metered, tenants pay gas and electric. Selling in as is condition. Currently tenant occupied please do not disturb tenants.
More Information MLS# 976963
Status Change Info
Pending Date: 2021-02-11
Closing Date: 2021-04-28
Contract Information
Listing Price: 187000
Current Price: $187,000
List Price/SqFt: 83.11
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 325
Street Name: TENNESSEE
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 5838
Geo Lat: 35.079185
Geo Lon: -106.557267
Area: 70 - Fairgrounds
Zone Atlas: K19
City/County Data
UPC Code: 101905733923941819
General Property Description
# of Units: 3
5+ Units: No
Property Sub-Type: Triplex
Apx Structured SqFt: 2250
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.16
Lot SqFt: 6751.8
Directions: Lomas to Tennessee south to address or Wyoming to Copper west to Tennessee south to address.
Stories: 1
Total # of Buildings: 1
Year Built: 1959
Age: 51 - 60
# Parking Spaces: 4
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1285.26
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 22800
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 600
Max Rent: 750
Market Rent: 750
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 650
Max Rent: 750
Market Rent: 750
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 650
Max Rent: 750
Market Rent: 750
Unit Summary
Total Units: 3
Average Unit Size: 750
Average Actual Rent: 633.33
Annualized: 22800
Total Actual Rent: 1900
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Security Gate
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Wall Unit
Cooling: Evaporative Cooling
Flooring: Carpet; Tile; Vinyl
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: Pets Limited
Metering: Individual Electric; Individual Gas
Operating Expenses: Call Listing Broker; Insurance; Property Taxes
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit; Paved Lot
Roof: Flat; TPO (G)
Rental Info: Month To Month
Finance Considered: Cash; Conventional; FHA; VA
Zoning: R-ML*
Listing Office: Realty One of New Mexico
Last Updated: April - 30 - 2021
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