8019-8021 Constitution Avenue NE, Albuquerque, NM 87110 (MLS# 871968)

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8019-8021 Constitution Avenue NE, Albuquerque, NM 87110

$155,000
Property Type: Residential Income Square Footage: 1,400 Lot Size (sq. ft.): 5,962 Status: Closed
Current Price: $155,000 List Date: 7/27/2016 Last Modified: 8/16/2017

Description

WOW! The numbers make sense on this one-7.96% Cap Rate and a 12.95% Pre-tax Cash/Cash Return with 20% down**Pride of Ownership shows on this immaculate duplex**Each Unit has a back yard and a Carport**Excellent Location across from Presbyterian Hospital**Nice large units in desirable rental area**Separately Metered**Hardly ever a vacancy**

More Information MLS# 871968

Status Change Info

Pending Date: 2016-11-01 Closing Date: 2017-01-05

Contract Information

Listing Price: 155000 Current Price: $155,000 List Price/SqFt: 110.71 Status: Closed Allowance/Concession: No Bank Owned: No

Location

Street #: 8019-8021 Street Name: Constitution Avenue NE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87110 Geo Lat: 35.094773 Geo Lon: -106.555607 Area: 41 - Uptown Zone Atlas: J19

City/County Data

UPC Code: 101905839127210304 Subdivision: Snow Heights

General Property Description

# of Units: 2 5+ Units: No Property Sub-Type: Duplex Apx Structured SqFt: 1400 SqFt Source: Floorplan Lot Size Source: On-Line Acres: 0.14 Lot SqFt: 5962 Directions: West on Constitution from Wyoming to 8019-8021 Stories: 1 Total # of Buildings: 1 Year Built Exception: Unknown Age: 1 - 3 # Parking Spaces: 4 Disability Access: Unknown LBP Disclosure: Yes Builder: Unknown Owner Occupant Unit: No Multiple Lots: One

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 1737 Tax Exemption: No

Basement

Basement: No

Income & Expenses

Annual Gross Income: 15600 Operating Expenses: 3263

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 700 Actual Rent: 650 Max Rent: 700 Market Rent: 700

# of Unit Types (2)

# of Units: 1 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 700 Actual Rent: 650 Max Rent: 700 Market Rent: 700

Unit Summary

Total Units: 2 Average Unit Size: 700 Average Actual Rent: 650 Annualized: 15600 Total Actual Rent: 1300

Property Features

Construction: Frame Exterior Material: Stucco Amenities: Enclosed Yard Appliances included: Cooktop; Refrigerator Utilities: All City; Electric; Natural Gas Heating: Central Forced Air; Gas Cooling: Evaporative Cooling Flooring: Carpet; Tile Miscellaneous Info: No Sign Metering: Individual Electric; Individual Gas Operating Expenses: Insurance; Property Taxes; Repairs/Maintenance; Utilities Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas Parking: 2+Spaces Per Unit; Guest Parking; Other Parking Roof: Positive Pitched Rental Info: Month To Month Finance Considered: Cash; Conventional Source: Owner Provided Zoning: R-2
Listing Office: Coldwell Banker Legacy
Last Updated: August - 16 - 2017

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

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