409 57th Street NW, Albuquerque, NM 87105 (MLS# 1055368)

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409 57th Street NW, Albuquerque, NM 87105

$500,000
Property Type: Residential Income Square Footage: 2,114 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $500,000 List Date: 1/12/2024 Last Modified: 4/24/2024

Description

Discover the perfect investment opportunity at 409 57th Street! This multi-unit property, Each unit has 3-bedrooms and many recent updates. They boasts newly installed floors and fresh paint. Recent roof and updated electrical panels ensure durability and safety. New stucco enhances the exterior appeal, while updated appliances in both units add convenience for tenants. The addition of new gravel gives a neat and low-maintenance outdoor space. Ideal for investors seeking a turnkey property in a desirable location! Call today for more info on this prime opportunity!

More Information MLS# 1055368

Contract Information

Listing Price: 500000 Current Price: $500,000 List Price/SqFt: 236.52 Status: Active Bank Owned: No

Location

Street #: 409 Street Name: 57th St Suffix: Street Post Direction: NW County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87105 Zip +4: 1421 Geo Lat: 35.088523 Geo Lon: -106.703004 Area: 111 - Ladera Heights Zone Atlas: J11

City/County Data

UPC Code: 101105820303831204

General Property Description

# of Units: 2 5+ Units: No Units for Sale: 2 Property Sub-Type: House Plus Unit(s) Apx Structured SqFt: 2114 SqFt Source: Floorplan Lot Size Source: Survey Acres: 0.19 Lot SqFt: 8276.4 Directions: From I-40 and Coors: South on Coors, East on Bluewater, South to property. Stories: 1 Total # of Buildings: 2 Year Built: 1947 Age: Select One Disability Access: Unknown LBP Disclosure: Yes Builder: Unknown Owner Occupant Unit: Yes Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 1806.94 Tax Exemption: No

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 3 # Baths: 1 Approx. SqFt: 1155 Actual Rent: 1450 Max Rent: 2000 Market Rent: 2000

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 3 # Baths: 1 Approx. SqFt: 959 Actual Rent: 1900 Max Rent: 2000 Market Rent: 2000

Unit Summary

Total Units: 2 Average Unit Size: 1057 Average Actual Rent: 1675 Annualized: 40200 Total Actual Rent: 3350

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Enclosed Yard; Fireplace Some Units; No Landscaping; Owners Unit; Security Gate; Tenant Storage Appliances included: Blt-In Gas Stve/Oven; Dryer; Refrigerator; Washer Utilities: Electricity Connected; Natural Gas Connected; Water Connected Heating: Central Forced Air; Wall Unit Cooling: Central Air; Evaporative Cooling Flooring: Tile Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: Sign On Property Operating Expenses: Call Listing Broker Owner Pays: Other - See Remarks Tenant Pays: Electric; Gas Parking: 2+Spaces Per Unit Roof: Flat Rental Info: Month To Month Finance Considered: Cash; Conventional; FHA; VA Zoning: R-ML*
Listing Office: Realty One Group Concierge
Last Updated: April - 24 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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