511 12th Street SW, Albuquerque, NM 87102
$730,568
Property Type:
Residential Income
Square Footage:
3,505
Lot Size (sq. ft.):
7,710
Status:
Closed
Current Price:
$730,568
List Date:
6/13/2023
Last Modified:
9/29/2023
Description
Located halfway between the Downtown Central Business District (CBD) and the Albuquerque Country Club (ACC) and along Albuquerque's bicycle avenue at 511-519 12th SW. This five unit, three garage community offers the best of the urban and country club lifestyle
The property offers the charm of original vintage appointments and a lush front courtyard, offering a rare ''park like'' refuge in the city. In addition, units feature beautiful hardwood oak floors, full tiled baths, an abundance of natural light, and nostalgic fixtures such as built-in ironing boards, telephone nooks, and floor to ceiling wood storage cabinetry. These unique residences feel like small patio homes, each with a private patio or balcony. There are also 3 private garage/storage room.
More Information MLS# 1036071
Status Change Info
Pending Date: 2023-08-04
Closing Date: 2023-09-29
Contract Information
Listing Price: 730568
Current Price: $730,568
List Price/SqFt: 208.44
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 511
Street Modifier: 519
Street Name: 12th
St Suffix: Street
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 2880
Geo Lat: 35.082138
Geo Lon: -106.661939
Area: 80 - Downtown Area
Zone Atlas: K13
City/County Data
UPC Code: 101305738634411503
Subdivision: Raynolds addition
General Property Description
# of Units: 5
5+ Units: Yes
Units for Sale: 5
Property Sub-Type: 5 Units
Apx Structured SqFt: 3505
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.18
Lot SqFt: 7710
Directions: From I-25 and Coal - west to 12th street and property.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 1
Year Built: 1950
Age: 71 - 80
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: Three
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 2495.7
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 60762
Operating Expenses: 20331
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 840
Actual Rent: 1250
Max Rent: 1250
Market Rent: 1495
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 840
Actual Rent: 1495
Max Rent: 1495
Market Rent: 1495
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 575
Actual Rent: 995
Max Rent: 995
Market Rent: 1100
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 575
Actual Rent: 895
Max Rent: 895
Market Rent: 1100
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 575
Actual Rent: 695
Max Rent: 695
Market Rent: 1100
Unit Summary
Total Units: 5
Average Unit Size: 681
Average Actual Rent: 1066
Annualized: 63960
Total Actual Rent: 5330
Property Features
Construction: Block; Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Some Landscaping; Tenant Storage
Appliances included: Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air; In-Floor
Cooling: Evaporative Cooling
Flooring: Wood
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Other - See Remarks
Owner Pays: Other - See Remarks
Tenant Pays: Other - See Remarks
Parking: 2 or More Garages
Roof: Flat
Rental Info: Other - See Remarks
Finance Considered: Cash; Conventional
Zoning: R-ML*
Documents
Flyer & APOD ›Listing Office: NM Apartment Advisors, Inc.
Last Updated: September - 29 - 2023
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