521 SILVER Avenue SW, Albuquerque, NM 87102
$650,000
Property Type:
Residential Income
Lot Size (sq. ft.):
3,485
Status:
Closed
Current Price:
$650,000
List Date:
10/28/2020
Last Modified:
5/24/2023
Description
Great Opportunity to own rentals in a heart of downtown Albuquerque. Walking distance to shops, restaurants, brewery's and transportation including the Rail Runner and city public transportation. The apartment contains 1 large 3 bedroom home 2 small one bedroom one bath units, and 4 studios that share a kitchen and bathroom. Hardwood floors, exposed bricks and claw tubs are just a few of the interior features.
More Information MLS# 979953
Status Change Info
Pending Date: 2021-02-09
Closing Date: 2021-03-16
Contract Information
Listing Price: 650000
Current Price: $650,000
Status: Closed
Bank Owned: No
Location
Street #: 521
Street Name: SILVER
St Suffix: Avenue
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 3131
Geo Lat: 35.083103
Geo Lon: -106.654057
Area: 80 - Downtown Area
Zone Atlas: K14
City/County Data
UPC Code: 101405709637722302
General Property Description
# of Units: 7
5+ Units: Yes
Property Sub-Type: 7 Units
SqFt Source: Per Appraisal
Lot Size Source: On-Line
Acres: 0.08
Lot SqFt: 3485
Directions: From I-40 and 6th street- exit south go past mountain,lomas,and central. the next light is Silver turn east and property is on the northside.
Stories: 2
Total # of Buildings: 2
Year Built: 1901
Age: 100+
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: Two
Flood Zone: A
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3493.26
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 7
# of Bedrooms: 7
# Baths: 7
Approx. SqFt: 3886
Actual Rent: 631
Max Rent: 775
Market Rent: 775
Unit Summary
Total Units: 7
Average Unit Size: 3886
Average Actual Rent: 631
Annualized: 53004
Total Actual Rent: 4417
Property Features
Construction: Brick; Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Outside Lights; Some Landscaping
Appliances included: Refrigerator; Self Clean Oven
Utilities: Electricity Connected; Phone Available; Water Available
Heating: Other - See Remarks
Cooling: Multi Units
Flooring: Wood
Electric Provider: Public Utility
Electric: None
Owner Pays: Some Utilities
Tenant Pays: Some Utilities
Parking: Assigned Parking; Guest Parking
Roof: Flat
Rental Info: Call Listing Broker; Current Lse Agreemnt
Finance Considered: Cash; Owner Financing
Zoning: MX-FB-UD*
Listing Office: Realty Consultants
Last Updated: May - 24 - 2023
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