521 Isleta Boulevard SW, Albuquerque, NM 87105
$249,000
Property Type:
Residential Income
Square Footage:
4,162
Lot Size (sq. ft.):
28,314
Status:
Closed
Current Price:
$249,000
List Date:
5/16/2016
Last Modified:
7/10/2018
Description
Huge $26k price reduction! Check out the cash flow on this one. Fully rented! Front house is adobe with 3BR/2BA,fireplace, & hardwood floors. Ideal for professional offices or as nice home. 1 BR Casita in back is all adobe. Separate building w/ 3 additional 1-BR units and 1 studio apt. Rental units have been well maintained and have many recent updates. Great cash flow and Current rents are below market. Current gross rents are $3300/month. Zoned commercial and residential! *Do not disturb tenants or drive through the property. Contact broker for showing details*
More Information MLS# 866209
Status Change Info
Pending Date: 2016-06-25
Closing Date: 2016-08-31
Contract Information
Listing Price: 249000
Current Price: $249,000
List Price/SqFt: 59.83
Status: Closed
Bank Owned: No
Location
Street #: 521
Street Name: Isleta
St Suffix: Boulevard
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87105
Zip +4: 3825
Geo Lat: 35.061257
Geo Lon: -106.668165
Area: 90 - Near South Valley
Zone Atlas: L13
City/County Data
UPC Code: 101305619110130614
Subdivision: La Font Sub
General Property Description
# of Units: 6
5+ Units: Yes
Property Sub-Type: 6 Units
Apx Structured SqFt: 4162
SqFt Source: Per Appraisal
Lot Size Source: Per Appraisal
Acres: 0.65
Lot SqFt: 28314
Directions: From Bridge, South on Isleta to property.
Stories: 1
Total # of Buildings: 3
Year Built Exception: Unknown
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-002
Current Taxes: 1756.52
Tax Exemption: Unknown
Basement
Basement: Yes
Basement Heated: No
Basement Finished: No
Income & Expenses
Annual Gross Income: 40200
Operating Expenses: 9347
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 3
# Baths: 1.75
Style: House
Approx. SqFt: 1600
Actual Rent: 900
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 0.75
Style: Casita
Approx. SqFt: 700
Actual Rent: 450
Market Rent: 600
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 0.75
Style: Apt C
Approx. SqFt: 550
Actual Rent: 560
Market Rent: 600
# of Unit Types (4)
# of Units: 1
# Baths: 0.75
Style: Apt. B&1/2
Approx. SqFt: 350
Actual Rent: 420
Market Rent: 450
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 1
# Baths: 0.75
Style: Apt B
Approx. SqFt: 520
Actual Rent: 560
Market Rent: 600
# of Unit Types (6)
# of Units: 1
# Baths: 0.75
Style: Apt A
Approx. SqFt: 440
Actual Rent: 450
Market Rent: 500
Unit Summary
Total Units: 6
Average Unit Size: 693.33
Average Actual Rent: 556.66
Annualized: 40080
Total Actual Rent: 3340
Property Features
Construction: Adobe; Frame
Exterior Material: Stucco
Amenities: Enclosed Yard
Appliances included: Frestnd Elec Stv/Ovn; Frestnd Gas Stv/Ovn; Refrigerator; Washer H/U
Utilities: Community Water; Electric; Natural Gas; Sewer Available
Heating: Central Forced Air; Wall Unit
Cooling: Evaporative Cooling; Refrigerated
Flooring: Carpet; Tile; Vinyl; Wood
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas; Other - See Remarks
Owner Pays: Some Utilities; Other - See Remarks
Tenant Pays: Electric; Gas; No Utilities; Some Utilities; Other - See Remarks
Parking: 2+Spaces Per Unit; Unpaved
Rental Info: 6 Month; Month To Month
Finance Considered: Cash; Conventional
Zoning: C-1; R-1
Documents
Plat/Map Survey ›Listing Office: SW Property Pros
Last Updated: July - 10 - 2018
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