327 VERMONT Street NE, Albuquerque, NM 87108
$319,900
Property Type:
Residential Income
Square Footage:
2,900
Lot Size (sq. ft.):
10,019
Status:
Closed
Current Price:
$319,900
List Date:
2/20/2023
Last Modified:
5/26/2023
Description
These buildings were improved in 2015, new title, flooring, bathrooms, and kitchens. See pictures. New roofs, and decks were done, 2018. Black top was done 2019. New mainline for water installed 2020.
Great started property, or to add to the portfolio. At market rents, returns go to 15%..
No VA or FHA loans
More Information MLS# 1017219
Status Change Info
Pending Date: 2023-04-10
Closing Date: 2023-05-26
Contract Information
Listing Price: 319900
Current Price: $319,900
List Price/SqFt: 110.31
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 327
Street Name: VERMONT
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 2689
Geo Lat: 35.079107
Geo Lon: -106.553972
Area: 70 - Fairgrounds
Zone Atlas: K19
City/County Data
UPC Code: 101905743723442118
General Property Description
# of Units: 4
5+ Units: No
Units for Sale: 4
Property Sub-Type: Four Plex
Apx Structured SqFt: 2900
SqFt Source: Broker
Apx Lot Dim Front: 80
Apx Lot Dim Side: 120
Lot Size Source: Broker
Acres: 0.23
Lot SqFt: 10018.8
Directions: Wyoming and Central, north on Wyoming to Copper, west on copper to Vermont, South on Vermont to property. On the West side of the street.
Stories: 1
Total Stories in Bldg: 1
Total # of Buildings: 2
Year Built: 1946
Year Built Exception: Unknown
Age: 61 - 70
# Parking Spaces: 10
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1406.82
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 3116
Operating Expenses: 8419
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 2
# of Bedrooms: 1
# Baths: 1
Style: Cottage
Approx. SqFt: 650
Actual Rent: 729
Max Rent: 850
Market Rent: 821
# of Unit Types (2)
# of Units: 2
# of Bedrooms: 1
# Baths: 1
Style: Cottage
Approx. SqFt: 800
Actual Rent: 567
Max Rent: 899
Market Rent: 850
Unit Summary
Total Units: 4
Average Unit Size: 725
Average Actual Rent: 648
Annualized: 31104
Total Actual Rent: 2592
Property Features
Construction: Frame
Exterior Material: Stucco; Wood Siding
Build Description: Resale
Amenities: Gas Grill; Outside Lights; Private Patios; Some Landscaping; Walled Complex; Wshr/Dryr HU in Unit
Appliances included: Fan/Hood; Frestnd Elec Stv/Ovn; Refrigerator
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Underground Utilities; Water Connected
Heating: Perimeter/Baseboard; Wall Unit
Cooling: Evaporative Cooling
Flooring: Carpet; Tile
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign; Pets Limited
Metering: Individual Electric; Individual Gas
Operating Expenses: All; Call Listing Broker
Owner Pays: Maintenance; Sewer; Some Utilities; Trash Removal
Tenant Pays: Electric; Gas; Some Utilities
Parking: 2+Spaces Per Unit; Guest Parking; Paved Lot
Roof: Composition; Positive Pitched; Shingle
Rental Info: 6 Month; Current Lse Agreemnt; Deposits; Late Fees; Month To Month; Pet Deposit; Rental History Avail; Yearly Lease
Finance Considered: Cash; Conventional
Source: Actual Record; Broker Provided
Zoning: MX-M*
Documents
APOD ›Listing Office: T & C Management, LLC
Last Updated: May - 26 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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