506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108
$340,000
Property Type:
Residential Income
Square Footage:
2,700
Lot Size (sq. ft.):
17,424
Status:
Closed
Current Price:
$340,000
List Date:
11/06/2013
Last Modified:
2/25/2017
Description
Rare find. UNM area triplex. Built in 2000. Handsome Territorial style building. Each apartment is approximately 900 square feet. One car garage for each unit. Washers and dryers in apartments. 2 off street parking places per unit. 2 ground level and one up. Good rental history with long term tenants. (do not disturb tenants) Walk to Nob Hill and UNM. Close commute to downtown and hospitals. Private cul d sac location. Low maintenance, SW design landscaping. Room for income improvements with new leases.
More Information MLS# 801846
Status Change Info
Pending Date: 2014-02-03
Closing Date: 2014-05-05
Contract Information
Listing Price: 340000
Current Price: $340,000
List Price/SqFt: 125.93
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 506
Street Name: MADISON
St Suffix: Place
Post Direction: SE
Unit #: 1,2,3
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Geo Lat: 35.072494
Geo Lon: -106.591987
Area: 42 - UNM South
Zone Atlas: L17
City/County Data
UPC Code: 101705637051712514
Subdivision: Parkland Hills
General Property Description
# of Units: 3
5+ Units: No
Property Sub-Type: Triplex
Apx Structured SqFt: 2700
SqFt Source: Professional
Lot Size Source: On-Line
Acres: 0.4
Lot SqFt: 17424
Directions: From San Mateo and Zuni, West to Madison Place, South to property. Madison is between Jefferson and Monroe.
Stories: 2
Total # of Buildings: 1
Year Built: 2000
Age: 10 - 15
# Parking Spaces: 6
Disability Access: Unknown
LBP Disclosure: No
Builder: unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 4437.88
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 2
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 900
Actual Rent: 1750
Max Rent: 875
Market Rent: 1750
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 900
Actual Rent: 825
Max Rent: 825
Market Rent: 825
Unit Summary
Total Units: 3
Average Unit Size: 900
Average Actual Rent: 1441.67
Annualized: 17300
Total Actual Rent: 4325
Property Features
Construction: Frame
Exterior Material: Stucco
Amenities: Outside Lights
Appliances included: Dryer; Washer
Utilities: All City
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Carpet
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Garage; 2+Spaces Per Unit
Roof: Flat; Tar Gravel
Rental Info: Call Listing Broker
Finance Considered: Cash; Conventional
Zoning: R-2
Listing Office: Coldwell Banker Legacy
Last Updated: February - 25 - 2017
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