428 Grove Street SE, Albuquerque, NM 87108 (MLS# 1055004)

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428 Grove Street SE, Albuquerque, NM 87108

$230,000
Property Type: Residential Income Square Footage: 1,452 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $230,000 List Date: 1/05/2024 Last Modified: 3/04/2024

Description

Great investment opportunity, live in one and rent the other one out! A long list of updates including a new roof in 2020, New main sewer line, new water heaters, new swamp coolers, new wall heaters, new light fixtures, and new appliances in both units. Updated wiring, new electrical and gas meters. This would make a great investment property since everything has been updated. This duplex has been well maintained with vents, doors and stucco being sealed, insulation was added to help with utilities. On site washer and dryer for tenants. A nice private courtyard to enjoy and relax, 2 homes for the price of one and ready to go! Solar Panels for each unit for lower electric bills. Schedule your showing today!

More Information MLS# 1055004

Contract Information

Listing Price: 230000 Current Price: $230,000 List Price/SqFt: 158.4 Status: Active Allowance/Concession: No Bank Owned: No

Location

Street #: 428 Street Name: Grove St Suffix: Street Post Direction: SE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87108 Zip +4: 4080 Geo Lat: 35.069661 Geo Lon: -106.561909 Area: 71 - Southeast Heights Zone Atlas: L19

City/County Data

UPC Code: 101905620042221619

General Property Description

# of Units: 2 5+ Units: No Property Sub-Type: Duplex Apx Structured SqFt: 1452 SqFt Source: Broker Lot Size Source: On-Line Acres: 0.16 Lot SqFt: 6969.6 Directions: from central and Louisiana go south on Louisiana turn east on bell turn right on grove and property is on the right side Stories: 1 Total Stories in Bldg: 1 Total # of Buildings: 1 Year Built: 1962 Year Built Source: Public Records Year Built Exception: Unknown Age: 61 - 70 # Parking Spaces: 2 Disability Access: Unknown LBP Disclosure: Yes Builder: unknown Owner Occupant Unit: Yes Multiple Lots: One Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 1848.6 Tax Exemption: Unknown

Basement

Basement: No

Income & Expenses

Annual Gross Income: 12000

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 2 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 725 Actual Rent: 1000 Max Rent: 1100 Market Rent: 1000

Unit Summary

Total Units: 2 Average Unit Size: 725 Average Actual Rent: 1000 Annualized: 24000 Total Actual Rent: 2000

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Owners Unit; Security Gate; Some Landscaping Appliances included: Dryer; Frestnd Gas Stv/Ovn; Washer Utilities: Electricity Connected; Natural Gas Connected; Water Connected Heating: Wall Unit Cooling: Evaporative Cooling Flooring: Laminate; Tile Green Energy Generation: Solar Power Production Ownership: Third-Party Owned Electric Provider: Public Utility Miscellaneous Info: No Sign Metering: Individual Electric; Individual Gas Operating Expenses: Call Listing Broker Owner Pays: Water Tenant Pays: Electric; Gas Parking: 1 Space Per Unit Roof: Pitched; Shingle Rental Info: Month To Month Finance Considered: Cash; Conventional; FHA; VA Zoning: R-ML*
Listing Office: EXP Realty LLC
Last Updated: March - 04 - 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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