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945 Louisiana Boulevard SE, Albuquerque, NM 87108
$210,500
Property Type:
Residential Income
Square Footage:
3,000
Lot Size (sq. ft.):
7,841
Status:
Closed
Current Price:
$210,500
List Date:
5/27/2020
Last Modified:
8/12/2020
Description
Back on the market, no fault of the seller. Financing fell through. Owner says sell them individually or sell them all! Well maintained, all brick, pitched roof triplex. Buy one, or buy combination of 937, 941 & 933 Louisiana SE. Large two bedroom, one bath units with hard wood floors (some covered with carpet).central heating and evaporative cooling,brick fire places in the two end units,tenant storage lockers and four covered parking spaces. At current improvable rents 11% Cash on Cash Return, GRM of 9.7 and CAP rate of 7.6% (Owner supplied data).Offer subject to inspection/walk through. Please do not walk property or disturb tenants.
More Information MLS# 952765
Status Change Info
Pending Date: 2020-06-09
Closing Date: 2020-08-11
Contract Information
Listing Price: 210500
Current Price: $210,500
List Price/SqFt: 70.17
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 945
Street Name: Louisiana
St Suffix: Boulevard
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 1686
Geo Lat: 35.062428
Geo Lon: -106.56909
Area: 71 - Southeast Heights
Zone Atlas: L18
City/County Data
UPC Code: 101805651413942420
Subdivision: Elder Homestead Add
General Property Description
# of Units: 3
5+ Units: No
Property Sub-Type: Triplex
Apx Structured SqFt: 3000
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.18
Lot SqFt: 7840.8
Directions: From Gibson & Louisiana north to Ross and Louisiana.
Stories: 1
Total # of Buildings: 1
Year Built: 1958
Age: 61 - 70
# Parking Spaces: 3
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 1940.6
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 93900
Operating Expenses: 23892
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 660
Max Rent: 925
Market Rent: 800
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 675
Max Rent: 925
Market Rent: 800
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 670
Max Rent: 925
Market Rent: 800
Unit Summary
Total Units: 3
Average Unit Size: 1000
Average Actual Rent: 668.33
Annualized: 24060
Total Actual Rent: 2005
Property Features
Construction: Frame
Exterior Material: Brick Veneer
Build Description: Resale
Amenities: Enclosed Yard; Private Patios; Tenant Storage
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Carpet; Wood
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Property Taxes; Repairs/Maintenance; Utilities
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: Covered
Roof: Pitched
Rental Info: Current Lse Agreemnt; Month To Month; Rental History Avail; Yearly Lease
Finance Considered: Cash; Conventional
Source: Actual Record; Owner Provided
Zoning: R-MH*
Listing Office: ABQ Properties LLC
Last Updated: August - 12 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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