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7505 Pennsylvania Lane NE, Albuquerque, NM 87110
$475,000
Property Type:
Residential Income
Square Footage:
2,898
Lot Size (sq. ft.):
7,405
Status:
Pending
Current Price:
$475,000
List Date:
5/07/2024
Last Modified:
5/08/2024
Description
Well maintained 4-plex in highly desirable area. This complex offers Two 2 bedroom 1 bath units with brick and laminate flooring in main area and two large 1 bedroom 1 bath units with laminate and carpet. 2 bedroom units have washer/dryer hookups. All with Beam sealing, open kitchens and private yards. Individually metered for gas and electric. Heat/cool combo units. Amazing tenants in place. Close to schools, uptown center, grocery stores and more! DO NOT DISTURB TENANTS PLEASE.
More Information MLS# 1061549
Status Change Info
Pending Date: 2024-05-07
Contract Information
Listing Price: 475000
Current Price: $475,000
List Price/SqFt: 163.91
Status: Pending
Bank Owned: No
Location
Street #: 7505
Street Name: Pennsylvania
St Suffix: Lane
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87110
Zip +4: 2261
Geo Lat: 35.119815
Geo Lon: -106.560688
Area: 41 - Uptown
Zone Atlas: G19
City/County Data
UPC Code: 101906024412530908
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 2898
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.17
Lot SqFt: 7405.2
Directions: From Candelaria and Pennsylvania, North on Pennsylvania to complex.
Stories: 1
Total # of Buildings: 1
Year Built: 1976
Age: Select One
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3953.16
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: 1
# Baths: 1
Approx. SqFt: 601
Actual Rent: 675
Max Rent: 825
Market Rent: 825
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 601
Actual Rent: 825
Max Rent: 825
Market Rent: 825
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 2
Approx. SqFt: 848
Actual Rent: 1200
Max Rent: 1200
Market Rent: 1200
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 848
Actual Rent: 595
Max Rent: 1200
Market Rent: 1200
Unit Summary
Total Units: 4
Average Unit Size: 724.5
Average Actual Rent: 823.75
Annualized: 39540
Total Actual Rent: 3295
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Enclosed Yard; Owners Unit; Tenant Storage; Wshr/Dryr HU in Unit
Appliances included: Dishwasher; Dryer H/U; Frestnd Elec Stv/Ovn; Refrigerator; Washer H/U
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Heat/Cooling Combination
Flooring: Brick; Carpet; Laminate; Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Metering: Individual Electric; Individual Gas
Operating Expenses: Property Management; Property Taxes; Repairs/Maintenance
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit
Roof: Flat
Rental Info: Current Lse Agreemnt; Month To Month
Finance Considered: Cash; Conventional
Zoning: R-ML*
Documents
Listing Office: Maddox & Co/REALTORS
Last Updated: May - 08 - 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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