400-406 Arno Street SE, Albuquerque, NM 87102
$245,000
Property Type:
Residential Income
Square Footage:
2,872
Lot Size (sq. ft.):
6,534
Status:
Closed
Current Price:
$245,000
List Date:
5/05/2015
Last Modified:
7/10/2018
Description
2 lots, 2 houses (895 sf & 975 sf), 3 studio apts (300sf - 350 sf ea), 2 storage units all together!! Both houses are 2 bd 1 ba, w/d hook-ups, private backyards. 20k roof installed on 400 Arno 2014. Off street parking behind 406 Arno Perfect for FHA 203K Rehab Loan. Huning Historic District. Tenants pay gas and electric except gas on studios paid by LL. Buy with two loans 400 - 1 unit & 406 4 units. Please do not disturb tenants. All in need of TLC. Property being sold As-Is
More Information MLS# 839773
Status Change Info
Pending Date: 2015-06-09
Closing Date: 2015-08-14
Contract Information
Listing Price: 245000
Current Price: $245,000
List Price/SqFt: 85.31
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 400-406
Street Name: Arno
St Suffix: Street
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 3594
Geo Lat: 35.080266
Geo Lon: -106.643695
Area: 80 - Downtown Area
Zone Atlas: K14
City/County Data
UPC Code: 101405740827643611
Subdivision: Hunings Highland
General Property Description
# of Units: 5
5+ Units: Yes
Property Sub-Type: House Plus Unit(s)
Apx Structured SqFt: 2872
SqFt Source: Floorplan
Apx Lot Dim Front: 100.00
Apx Lot Dim Side: 142.00
Lot Size Source: On-Line
Acres: 0.15
Lot SqFt: 6534
Directions: From 1-25 and Lead head west on Lead to Arno.
Stories: 1
Total # of Buildings: 3
Year Built Exception: Unknown
# Parking Spaces: 5
Disability Access: No
LBP Disclosure: Yes
Builder: UNK
Owner Occupant Unit: Yes
Multiple Lots: Two
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3462.02
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 2155
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 356
Actual Rent: 450
Max Rent: 450
Market Rent: 450
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 330
Actual Rent: 450
Max Rent: 450
Market Rent: 450
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 315
Actual Rent: 360
Max Rent: 450
Market Rent: 450
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 976
Max Rent: 950
Market Rent: 850
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 895
Actual Rent: 950
Max Rent: 950
Market Rent: 950
Unit Summary
Total Units: 5
Average Unit Size: 574.4
Average Actual Rent: 442
Annualized: 26520
Total Actual Rent: 2210
Property Features
Construction: Frame
Exterior Material: Stucco; Wood Siding
Amenities: Ceiling Fan(s); Enclosed Yard; Tenant Storage; Wshr/Dryr HU in Unit
Appliances included: Dryer H/U; Frestnd Gas Stv/Ovn; Refrigerator; Washer H/U
Utilities: All City; Electric; Natural Gas
Heating: Gas; Wall Unit
Cooling: Evaporative Cooling; Varies by Unit; Window Units(s)
Flooring: Carpet; Vinyl; Wood
Miscellaneous Info: Hstrc Reg Ldmk/Ovrly; Package; Sign On Property
Metering: Irregular Metering
Operating Expenses: Insurance; Property Management; Property Taxes; Repairs/Maintenance
Owner Pays: Gas; Maintenance; Sewer; Trash Removal
Tenant Pays: Electric; Gas; Water
Parking: 1 Space Per Unit; Other Parking
Roof: Composition; Flat; Pitched
Rental Info: Current Lse Agreemnt
Finance Considered: Cash; Conventional
Source: Projection
Zoning: SU-2
Listing Office: Maddox & Co/REALTORS
Last Updated: July - 10 - 2018
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