620 Chama Street SE, Albuquerque, NM 87108
$378,500
Property Type:
Residential Income
Square Footage:
2,564
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$378,500
List Date:
3/28/2024
Last Modified:
3/28/2024
Description
Cash flowing 4 unit multi-family investment opportunity. All 2 bed, 1 bath. Recent renovations (2016-2017) include: roof, hot water heaters, furnaces, kitchen cabinetry, countertops, bath vanities, tubs and LVP/tile flooring throughout (carpet in photos replaced 2023). With recent upgrades & Professional management in place, this is an ideal investment. Individually metered units. Room for rent improvements towards market rents. APOD and full Improvement list attached.
More Information MLS# 1059601
Contract Information
Listing Price: 378500
Current Price: $378,500
List Price/SqFt: 147.62
Status: Active
Bank Owned: No
Location
Street #: 620
Street Name: Chama
St Suffix: Street
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 3960
Geo Lat: 35.068176
Geo Lon: -106.566176
Area: 71 - Southeast Heights
Zone Atlas: L19
City/County Data
UPC Code: 101905607336420316
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 2564
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.16
Lot SqFt: 6969.6
Directions: From I-40 and Louisiana south to Zuni, east to Chama, south to property
Stories: 2
Total # of Buildings: 1
Year Built: 1986
Age: Select One
# Parking Spaces: 5
Disability Access: No
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1523.82
Tax Exemption: No
Cooling
Centrally Ducted: Yes
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 641
Actual Rent: 875
Max Rent: 900
Market Rent: 875
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 641
Actual Rent: 750
Max Rent: 900
Market Rent: 875
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 641
Actual Rent: 750
Max Rent: 900
Market Rent: 875
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 641
Actual Rent: 750
Max Rent: 900
Market Rent: 875
Unit Summary
Total Units: 4
Average Unit Size: 641
Average Actual Rent: 781.25
Annualized: 37500
Total Actual Rent: 3125
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: No Landscaping
Appliances included: Frestnd Elec Stv/Ovn; Refrigerator
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Carpet; Laminate; Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit
Roof: Flat
Rental Info: Current Lse Agreemnt; Yearly Lease
Finance Considered: Cash; Conventional; FHA; VA
Zoning: R-ML*
Floorplan ›Listing Office: The Villarealty Group
Last Updated: March - 28 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.