945 Louisiana Boulevard SE, Albuquerque, NM 87108 (MLS# 952765)

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

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