404 Rainbow Court SE, Albuquerque, NM 87123
$410,000
Property Type:
Residential Income
Lot Size (sq. ft.):
14,375
Status:
Pending
Current Price:
$410,000
List Date:
2/01/2024
Last Modified:
4/15/2024
Description
Fourplex located off tramway and Juan Tabo Near the mountains and Four Hills community. High appreciating area with many new developments completed and under construction.
Raise rents to market and charge flat rate water bills or RUBS to create a great cash flowing property.
More Information MLS# 1054948
Status Change Info
Pending Date: 2024-03-15
Contract Information
Listing Price: 410000
Current Price: $410,000
Status: Pending
Bank Owned: No
Location
Street #: 404
Street Name: Rainbow
St Suffix: Court
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87123
Zip +4: 3733
Geo Lat: 35.065161
Geo Lon: -106.50631
Area: 71 - Southeast Heights
Zone Atlas: L22
City/County Data
UPC Code: 102205626327420411
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Lot Size Source: On-Line
Acres: 0.33
Lot SqFt: 14374.8
Directions: google maps
Stories: 2
Total # of Buildings: 1
Year Built: 1979
Age: 41 - 50
Disability Access: No
LBP Disclosure: No
Builder: unkown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3293.92
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 985
Actual Rent: 735
Max Rent: 1200
Market Rent: 1100
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 985
Actual Rent: 645
Max Rent: 1200
Market Rent: 1100
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 985
Actual Rent: 685
Max Rent: 1200
Market Rent: 1100
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 985
Actual Rent: 735
Max Rent: 1200
Market Rent: 1100
Unit Summary
Total Units: 4
Average Unit Size: 985
Average Actual Rent: 700
Annualized: 33600
Total Actual Rent: 2800
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Balconies/Deck; Private Patios; Wshr/Dryr HU in Unit
Appliances included: Refrigerator
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Carpet; Tile
Green Energy Generation: None
Electric Provider: Public Utility
Metering: Individual Electric; Individual Gas
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit; Guest Parking
Roof: Flat
Rental Info: Month To Month
Finance Considered: Cash; Conventional; FHA
Zoning: R-ML*
Documents
APOD ›Listing Office: Rhino Realty Property Mgmt LLC
Last Updated: April - 15 - 2024
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