533 Valencia Drive SE, Albuquerque, NM 87108
$220,000
Property Type:
Residential Income
Square Footage:
3,810
Lot Size (sq. ft.):
13,500
Status:
Closed
Current Price:
$220,000
List Date:
10/04/2013
Last Modified:
7/10/2018
Description
Two well maintained triplexes on separate lots, easy to finance! Common courtyard, offstreet parking. New mansard metal roof facades, new water main line to 533 building, newer sewer lines with cleanouts. No updates to units but very well managed with no deferred issues. Some long term tenants. PLEASE DO NOT DISTURB TENANTS! Inspections subject to acceptable offer.
More Information MLS# 770617
Status Change Info
Pending Date: 2013-10-23
Closing Date: 2013-12-05
Contract Information
Listing Price: 220000
Current Price: $220,000
List Price/SqFt: 57.74
Status: Closed
Bank Owned: No
Location
Street #: 533
Street Modifier: 537
Street Name: Valencia
St Suffix: Drive
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Geo Lat: 35.071548
Geo Lon: -106.581131
Area: 71 - Southeast Heights
Zone Atlas: L18
City/County Data
UPC Code: 101805615448422904
Subdivision: Shirley's subdivision
General Property Description
# of Units: 6
5+ Units: Yes
Property Sub-Type: 6 Units
Apx Structured SqFt: 3810
SqFt Source: Broker
Apx Lot Dim Front: 100.00
Apx Lot Dim Side: 135.00
Lot Size Source: Plat
Acres: 0.31
Lot SqFt: 13500
Directions: From Zuni and San Mateo, east to Valencia then south to units on the west side of the street
Stories: 1
Total # of Buildings: 2
Year Built: 1951
# Parking Spaces: 8
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 2332
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 30600
Annual Utilities $: 2200
Annual Insurance $: 1600
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 4
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 620
Actual Rent: 420
Max Rent: 435
# of Unit Types (2)
# of Units: 2
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 665
Actual Rent: 435
Unit Summary
Total Units: 6
Average Unit Size: 635
Average Actual Rent: 425
Annualized: 5100
Total Actual Rent: 2550
Property Features
Construction: Block
Exterior Material: Stucco
Amenities: Outside Lights
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator; Washer H/U
Utilities: All City
Heating: Gas; Wall Unit
Cooling: Evaporative Cooling
Flooring: Carpet; Vinyl
Miscellaneous Info: No Sign; Pets Limited
Metering: Individual Electric; Individual Gas
Operating Expenses: Accounting and Legal; Repairs/Maintenance; Supplies
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit
Roof: Mansard; Positive Pitched; Rolled Roofing
Rental Info: Deposits; Late Fees; Month To Month; Rental History Avail
Finance Considered: Cash; Conventional; FHA; VA
Source: Owner Provided
Zoning: R-3
Listing Office: Rafter S Realty
Last Updated: July - 10 - 2018
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