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827 Barelas Road SW, Albuquerque, NM 87102
$245,000
Property Type:
Residential Income
Square Footage:
2,882
Lot Size (sq. ft.):
8,276
Status:
Closed
Current Price:
$245,000
List Date:
9/15/2015
Last Modified:
7/10/2018
Description
The perfect Income Property. close to the best of Albuquerque's downtown entertainment. A wonderful home with three casitas in the historical neighborhood described in Rudolfo Anaya's book ''Alburquerque''. This home is perfect for the person that has constant house guests or wants to rent the Units to increase their income. Located close to the Bio Park, National Hispanic Cultural Center, Tingely Beach fishing, Bosque Trails and the Barelas Community Center: the best youth activity center in the area. The photos cant show the value and the development in the area. You need to see this to appreciate the value and area.
More Information MLS# 850000
Status Change Info
Pending Date: 2015-10-08
Closing Date: 2015-12-01
Contract Information
Listing Price: 245000
Current Price: $245,000
List Price/SqFt: 85.01
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 827
Street Name: Barelas
St Suffix: Road
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 4015
Geo Lat: 35.077239
Geo Lon: -106.655958
Area: 80 - Downtown Area
Zone Atlas: K14
City/County Data
UPC Code: 101405703816832310
Subdivision: Rio Grande Park Addn
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 2882
SqFt Source: Professional
Lot Size Source: On-Line
Acres: 0.19
Lot SqFt: 8276.4
Directions: From Avenida Cesar Chavez & 8th St, north to Atlantic Ave to ''T'' which is Barelas Rd. Main house is on the North West corner. The units are west of main house on Atlantic.
Stories: 1
Total # of Buildings: 3
Year Built Exception: Unknown
Disability Access: No
LBP Disclosure: Yes
Builder: Owner
Owner Occupant Unit: Yes
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1863.08
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 30000
Operating Expenses: 8596
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1159
Actual Rent: 575
Max Rent: 650
Market Rent: 640
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 575
Actual Rent: 550
Max Rent: 625
Market Rent: 630
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 624
Actual Rent: 550
Max Rent: 625
Market Rent: 630
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 524
Actual Rent: 550
Max Rent: 625
Market Rent: 630
Unit Summary
Total Units: 4
Average Unit Size: 720.5
Average Actual Rent: 556.25
Annualized: 26700
Total Actual Rent: 2225
Property Features
Construction: Adobe; Frame
Exterior Material: Stucco
Amenities: Owners Unit
Appliances included: Dryer H/U; Frestnd Gas Stv/Ovn; Washer H/U
Utilities: All City
Heating: Wall Unit
Cooling: Evaporative Cooling
Flooring: Vinyl
Miscellaneous Info: Sign On Property
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Repairs/Maintenance; Supplies
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Roof: Flat
Rental Info: Month To Month
Finance Considered: Cash; Conventional; FHA; VA
Source: Owner Provided
Zoning: SU-2
Listing Office: Coldwell Banker Legacy
Last Updated: July - 10 - 2018
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.