420 & 420a Vermont Street NE, Albuquerque, NM 87108
$625,000
Property Type:
Residential Income
Square Footage:
6,240
Lot Size (sq. ft.):
13,504
Status:
Closed
Current Price:
$625,000
List Date:
3/26/2022
Last Modified:
4/24/2023
Description
Under Contract Taking Backup Offers
Unique Investment Oppt: (2) 4-plex units (must be sold together). Separate legal descriptions qualify for residential financing. First time on market by original owner/builder. See floorplan which represents all unit size/layout. Photos of one current available unit attached. Each unit has in unit laundry hookups with separate metering for utilities. All rents below market most on mo. to mo. lease.
More Information MLS# 1005317
Status Change Info
Pending Date: 2022-03-26
Closing Date: 2022-05-20
Contract Information
Listing Price: 625000
Current Price: $625,000
List Price/SqFt: 100.16
Status: Closed
Bank Owned: No
Location
Street #: 420 & 420a
Street Name: Vermont
St Suffix: Street
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 2451
Geo Lat: 35.080805
Geo Lon: -106.553287
Area: 70 - Fairgrounds
Zone Atlas: K19
City/County Data
UPC Code: 101905745929510641
Subdivision: N/A
General Property Description
# of Units: 8
5+ Units: Yes
Property Sub-Type: 8 Units
Apx Structured SqFt: 6240
SqFt Source: Professional
Lot Size Source: On-Line
Acres: 0.31
Lot SqFt: 13504
Directions: From Wyoming and Copper, go west on Copper 2 blocks to Vermont. Go north on Vermont to 420 &420#A Vermont, buildings A and B.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 2
Year Built: 1987
Age: 31 - 40
# Parking Spaces: 16
Disability Access: No
LBP Disclosure: No
Builder: Dawson
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3750.4
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: 780
Actual Rent: 600
Max Rent: 600
Market Rent: 750
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 780
Actual Rent: 600
Max Rent: 600
Market Rent: 750
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 780
Actual Rent: 600
Max Rent: 600
Market Rent: 750
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 780
Actual Rent: 600
Max Rent: 600
Market Rent: 750
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 780
Actual Rent: 600
Max Rent: 600
Market Rent: 750
# of Unit Types (6)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 780
Actual Rent: 600
Max Rent: 600
Market Rent: 750
# of Unit Types (7)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 780
Actual Rent: 600
Max Rent: 600
Market Rent: 750
# of Unit Types (8)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 780
Actual Rent: 675
Max Rent: 675
Market Rent: 750
Unit Summary
Total Units: 8
Average Unit Size: 780
Average Actual Rent: 609.37
Annualized: 58500
Total Actual Rent: 4875
Property Features
Construction: Frame
Exterior Material: Stucco; Wood Siding
Build Description: Resale
Amenities: Outside Lights; Security Gate; Tenant Storage; Wshr/Dryr HU in Unit
Appliances included: Dryer H/U; Fan/Hood; Frestnd Elec Stv/Ovn; Refrigerator; Washer H/U
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air; Gas
Cooling: Evaporative Cooling
Flooring: Laminate; Tile; Vinyl
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Pets; No Sign
Metering: Individual Electric; Individual Gas
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 2+Spaces Per Unit; Paved Lot
Roof: Metal; Mixed; Shingle
Rental Info: Current Lse Agreemnt; Month To Month; Rental History Avail
Finance Considered: Cash; Conventional
Source: Owner Provided
Zoning: R-ML*
Listing Office: Berkshire Hathaway NM Prop
Last Updated: April - 24 - 2023
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