868 Tramway Lane Court NE, Albuquerque, NM 87122
$700,000
Property Type:
Residential Income
Square Footage:
5,994
Lot Size (sq. ft.):
40,032
Status:
Closed
Current Price:
$700,000
List Date:
10/27/2020
Last Modified:
1/08/2021
Description
Rare Investment Opportunity in Sandia Heights. This custom built 4 plex features a large 2484 sq/ft 3 bedroom owners unit w/a 2 car garage, huge living room w/fireplace, huge master bedroom w/fireplace and lots of yard space. Three additional units are spacious 2 bedroom/2 bath units, living room, dining room, study/flex room, private court yards with mtn views, back patios and a large one car garage. See attached Property exhibit a for more property details. Please do not disturb tenants,
More Information MLS# 979988
Status Change Info
Pending Date: 2020-11-10
Closing Date: 2021-01-08
Contract Information
Listing Price: 700000
Current Price: $700,000
List Price/SqFt: 116.78
Status: Closed
Bank Owned: No
Location
Street #: 868
Street Name: Tramway Lane
St Suffix: Court
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87122
Zip +4: 1402
Geo Lat: 35.176771
Geo Lon: -106.495623
Area: 10 - Sandia Heights
Zone Atlas: C23
City/County Data
UPC Code: 102306407709530709
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: Four Plex
Apx Structured SqFt: 5994
SqFt Source: Professional
Lot Size Source: On-Line
Acres: 0.92
Lot SqFt: 40031.64
Directions: From Tramway, east on Live Oak, South on Tramway Lane, west on Tramway Lane Ct , property at end of street towards right.
Stories: 2
Total # of Buildings: 1
Year Built: 1979
Age: 41 - 50
# Parking Spaces: 6
Disability Access: Unknown
LBP Disclosure: No
Builder: custom
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-002
Current Taxes: 3918.22
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 51540
Operating Expenses: 13885
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 2
Style: one story
Approx. SqFt: 1176
Actual Rent: 1100
Max Rent: 1400
Market Rent: 1400
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 2
Style: one story
Approx. SqFt: 1197
Actual Rent: 860
Max Rent: 1400
Market Rent: 1400
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 2
Style: one story
Approx. SqFt: 1137
Actual Rent: 975
Max Rent: 1400
Market Rent: 1400
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Style: 2 story
Approx. SqFt: 2484
Actual Rent: 1360
Max Rent: 1900
Market Rent: 1900
Unit Summary
Total Units: 4
Average Unit Size: 1498.5
Average Actual Rent: 1073.75
Annualized: 51540
Total Actual Rent: 4295
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Ceiling Fan(s); Enclosed Yard; Fireplace Some Units; Owners Unit; Private Patios; Skylights
Appliances included: Dishwasher; Dryer H/U; Frestnd Elec Stv/Ovn; Microwave; Refrigerator; Washer H/U
Utilities: Electricity Connected; Underground Utilities
Heating: Ductless; Electric; Radiant
Cooling: Evaporative Cooling; Refrigerated
Flooring: Carpet; Tile
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign
Metering: Individual Electric
Operating Expenses: Insurance; Miscellaneous; Property Taxes; Repairs/Maintenance; Supplies; Utilities
Owner Pays: Sewer; Trash Removal; Water; Other - See Remarks
Tenant Pays: Electric
Parking: 1 Garage; 2 or More Garages; 2+Spaces Per Unit
Roof: TPO (G)
Rental Info: Call Listing Broker; Current Lse Agreemnt; Month To Month
Finance Considered: Cash; Conventional
Zoning: R-2
Addenda - covid ›Listing Office: RE/MAX SELECT
Last Updated: January - 08 - 2021
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.