416 Palo Duro Avenue NW, Albuquerque, NM 87107
$369,900
Property Type:
Residential Income
Square Footage:
2,723
Lot Size (sq. ft.):
8,102
Status:
Active
Current Price:
$369,900
List Date:
5/10/2024
Last Modified:
5/11/2024
Description
Investor Special Opportunity! Welcome to this fantastic property offering an incredible opportunity for investors! Situated in a prime location, this property features two separate units, approximately 2500 square feet of space, providing ample room for potential tenants or future renovations. Convenient access from the alley provides ease of entry and exit. Enjoy privacy and security with a fully fenced property. Relax and unwind in the charming courtyard, perfect for outdoor gatherings or a peaceful retreat. Versatile mixed zoning opens a range of possibilities for use or development. The seller is motivated and ready to entertain all offers. Bring your best offer as all offers will be seriously considered. Don't miss out on this opportunity to own a property with great potential.
More Information MLS# 1062397
Contract Information
Listing Price: 369900
Current Price: $369,900
List Price/SqFt: 135.84
Status: Active
Allowance/Concession: No
Bank Owned: No
Location
Street #: 416
Street Name: Palo Duro
St Suffix: Avenue
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87107
Zip +4: 3829
Geo Lat: 35.131805
Geo Lon: -106.643382
Area: 101 - Near North Valley
Zone Atlas: F14
City/County Data
UPC Code: 101406140903640324
General Property Description
# of Units: 2
5+ Units: No
Units for Sale: 2
Property Sub-Type: House Plus Unit(s)
Apx Structured SqFt: 2723
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.19
Lot SqFt: 8102
Directions: From I-25 Take exit 227 toward Comanche Rd/Candelaria Rd/Menaul Blvd
Stories: 2
Total # of Buildings: 2
Year Built: 1947
Year Built Source: Public Records
Age: 71 - 80
Disability Access: No
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3045.52
Tax Exemption: No
Cooling
Centrally Ducted: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 32400
Operating Expenses: 3840
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Approx. SqFt: 1888
Actual Rent: 1700
Max Rent: 2700
Market Rent: 2100
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 2
Approx. SqFt: 835
Actual Rent: 1000
Max Rent: 1250
Market Rent: 1100
Unit Summary
Total Units: 2
Average Unit Size: 1361.5
Average Actual Rent: 1350
Annualized: 32400
Total Actual Rent: 2700
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Balconies/Deck; Ceiling Fan(s); No Landscaping; Private Patios; Tenant Storage; Walled Complex
Appliances included: Frestnd Elec Stv/Ovn; Range Hood; Refrigerator
Utilities: Electricity Connected; Sewer Connected; Water Connected
Heating: Electric
Cooling: Evaporative Cooling
Flooring: Carpet; Tile
Green Energy Generation: None
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: Sign On Property
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Utilities
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: Other Parking; Paved Lot
Roof: Flat
Rental Info: Current Lse Agreemnt; Month To Month
Finance Considered: Cash; Conventional; FHA; VA
Source: Owner Provided
Zoning: MX-M*
Listing Office: EXP Realty LLC
Last Updated: May - 11 - 2024
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