5620 Esperanza Drive NW, Albuquerque, NM 87105 (MLS# 1054282)

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5620 Esperanza Drive NW, Albuquerque, NM 87105

New Listing
$225,000
Property Type: Residential Income Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $225,000 List Date: 4/27/2024 Last Modified: 4/27/2024

Description

Come check out the recent updates to this centrally located duplex! Updated kitchen cabinets, countertop, flooring and bathroom. Property features 2-bed, 1-bath unit and a spacious 3-bed, 1-bath unit.. Live in one unit while renting out the other, or maximize income by leasing both. The possibilities are endless! Ideal for seasoned investors or homeowners looking to supplement their mortgage. Don't miss out!

More Information MLS# 1054282

Contract Information

Listing Price: 225000 Current Price: $225,000 Status: Active Bank Owned: No

Location

Street #: 5620 Street Name: Esperanza St Suffix: Drive Post Direction: NW County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87105 Zip +4: 1822 Geo Lat: 35.083129 Geo Lon: -106.700753 Area: 111 - Ladera Heights Zone Atlas: K11

City/County Data

UPC Code: 101105726737610912

General Property Description

# of Units: 2 5+ Units: No Property Sub-Type: Duplex Lot Size Source: On-Line Acres: 0.08 Lot SqFt: 3484.8 Directions: Heading west on I-40 take exit 155 to Coors. Turn left onto Avalon rd, then right onto 57th. Take a left onto Esperanza and the property will be the first on your right. Stories: 2 Total # of Buildings: 1 Year Built: 1950 Age: 71 - 80 Disability Access: No LBP Disclosure: Yes Builder: Unknown Owner Occupant Unit: Yes Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 1111.4 Tax Exemption: No

Cooling

Centrally Ducted: Yes

Basement

Basement: Yes

Income & Expenses

Annual Gross Income: 21600 Operating Expenses: 8464

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 925 Market Rent: 950

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 3 # Baths: 1 Approx. SqFt: 1215 Actual Rent: 1100 Market Rent: 1500

Unit Summary

Total Units: 2 Average Unit Size: 1070 Average Actual Rent: 550 Annualized: 13200 Total Actual Rent: 1100

Property Features

Construction: Block Exterior Material: Stucco Build Description: Resale Amenities: Fireplace Some Units; Owners Unit; Tenant Storage; Wshr/Dryr HU in Unit Appliances included: Dishwasher; Frestnd Elec Stv/Ovn; Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central Forced Air; Heat Pump Cooling: Evaporative Cooling Flooring: Carpet; Laminate Green Energy Generation: None Electric Provider: Public Utility Operating Expenses: Insurance; Property Management; Property Taxes; Repairs/Maintenance; Utilities Owner Pays: Electric; Gas; Sewer; Trash Removal; Water Tenant Pays: None Rental Info: Call Listing Broker; Month To Month Finance Considered: Cash; Conventional Zoning: R-1B*
Listing Office: EXP Realty LLC
Last Updated: April - 27 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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