508 Cagua Drive SE, Albuquerque, NM 87108
$87,500
Property Type:
Residential Income
Lot Size (sq. ft.):
6,534
Status:
Closed
Current Price:
$87,500
List Date:
9/14/2016
Last Modified:
4/23/2017
Description
Charming duplex with exterior garages, centrally located. Has new roof (November 2015), newer evaporative coolers, and new garage door on one of the garages. Improvable rents and the possibility of added rent for the garages give this property upside potential.
More Information MLS# 875530
Status Change Info
Pending Date: 2016-12-21
Closing Date: 2017-04-14
Contract Information
Listing Price: 87500
Current Price: $87,500
Status: Closed
Bank Owned: No
Location
Street #: 508
Street Name: Cagua
St Suffix: Drive
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 3714
Geo Lat: 35.072339
Geo Lon: -106.578265
Area: 71 - Southeast Heights
Zone Atlas: L18
City/County Data
UPC Code: 101805623951423216
Subdivision: Alexanders Sub
General Property Description
# of Units: 2
5+ Units: No
Property Sub-Type: Duplex
Lot Size Source: On-Line
Acres: 0.15
Lot SqFt: 6534
Directions: From Zuni & San Pedro, west one block to Cagua, south on Cagua to property.
Stories: 1
Total # of Buildings: 1
Year Built: 1950
Age: 1 - 3
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1135.76
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 11400
Operating Expenses: 2280
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 600
Actual Rent: 425
Max Rent: 595
Market Rent: 550
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 600
Actual Rent: 525
Max Rent: 595
Market Rent: 550
Unit Summary
Total Units: 2
Average Unit Size: 600
Average Actual Rent: 475
Annualized: 11400
Total Actual Rent: 950
Property Features
Construction: Frame
Exterior Material: Stucco
Amenities: Tenant Storage; Wshr/Dryr HU in Unit
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator
Utilities: All City
Heating: Floor Furnace
Cooling: Evaporative Cooling; Window Units(s)
Flooring: Wood
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Utilities
Owner Pays: Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 2 or More Garages; 2+Spaces Per Unit
Roof: Flat; Tar/Crushed Rock
Rental Info: 6 Month; Month To Month
Finance Considered: Cash; Conventional; FHA; VA
Zoning: SU-1
Listing Office: ABQ Properties LLC
Last Updated: April - 23 - 2017
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