925 Louisiana Boulevard SE, Albuquerque, NM 87108
$199,500
Property Type:
Residential Income
Square Footage:
3,128
Lot Size (sq. ft.):
7,405
Status:
Closed
Current Price:
$199,500
List Date:
8/16/2019
Last Modified:
1/26/2020
Description
Brick Tri-plex, with pitched roof, Large 2 bedroom 1 bath units, all units have Hardwood floors no carpet. Each unit has private back courtyard and covered parking. Within the last year re-plumbed apartments. replaced hot water heaters, newer granite counter tops in kitchen, 2 Newer evaporator coolers, New central heaters. Apartment, A, replaced windows with double pane windows. All have small enclosed back patios, front unit has fireplace and good size yard. All units have washer and dryer hook ups. Current rents are 2 at $695 and other at $720. Great cash flow. Live in one rent the others to pay your mortgage. Good opportunity for Owner/Investor. Seller willing to trade equity for down payment on single family home. Please do not disturb tenants.
More Information MLS# 951951
Status Change Info
Pending Date: 2019-12-10
Closing Date: 2020-01-24
Contract Information
Listing Price: 199500
Current Price: $199,500
List Price/SqFt: 63.78
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 925
Street Name: Louisiana
St Suffix: Boulevard
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 5001
Geo Lat: 35.062781
Geo Lon: -106.569082
Area: 71 - Southeast Heights
Zone Atlas: L18
City/County Data
UPC Code: 101805651417042406
Subdivision: Elder Homestead Add Rep
General Property Description
# of Units: 3
5+ Units: No
Property Sub-Type: Triplex
Apx Structured SqFt: 3128
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.17
Lot SqFt: 7405.2
Directions: From Gibson and Louisiana go 2 blocks north parking carports in rear of property.
Stories: 1
Total Stories in Bldg: 1
Total # of Buildings: 1
Year Built Exception: Unknown
Age: 51 - 60
# Parking Spaces: 4
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1965.02
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 25320
Operating Expenses: 2150
Sales Info
Trade/Xch Considered: Yes
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 695
Max Rent: 750
Market Rent: 720
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 695
Max Rent: 750
Market Rent: 720
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 720
Max Rent: 750
Market Rent: 750
Unit Summary
Total Units: 3
Average Unit Size: 1000
Average Actual Rent: 703.33
Annualized: 25320
Total Actual Rent: 2110
Property Features
Construction: Brick; Frame
Exterior Material: Brick Veneer
Build Description: Resale
Amenities: Enclosed Yard; Fireplace Some Units; Some Landscaping; Wshr/Dryr HU in Unit
Appliances included: Blt-In Gas Stve/Oven; Cooktop; Dryer H/U; Refrigerator; Washer H/U
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: No Carpet; Tile; Wood
Electric Provider: Public Utility
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Utilities
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit; Covered
Roof: Pitched; Shingle
Rental Info: Deposits; Yearly Lease
Trade/Xch Terms: Equity See LO/SO; Trade for Home (H)
Finance Considered: Cash; Conventional; FHA; VA
Source: Owner Provided
Zoning: R-3
Documents
Lead Based Paint ›Listing Office: Realty One of New Mexico
Last Updated: January - 26 - 2020
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