1016-1110 Wilmoore Drive SE, Albuquerque, NM 87106
New Listing
$1,200,000
Property Type:
Residential Income
Square Footage:
8,300
Lot Size (sq. ft.):
28,750
Status:
Active
Current Price:
$1,200,000
List Date:
5/06/2024
Last Modified:
5/06/2024
Description
3 fourplex units on 3 adjacent lots all being sold together. Buyer may be able to finance each of the three properties separately. Many updates, including thermal windows, refinished hardwood floors, bath remodels etc. Storage closets for tenants and extra storage space for owner. Decommissioned laundry room on site. Very low vacancy, these units rent very fast.
More Information MLS# 1062104
Contract Information
Listing Price: 1200000
Current Price: $1,200,000
List Price/SqFt: 144.58
Status: Active
Bank Owned: No
Location
Street #: 1016-1110
Street Name: Wilmoore
St Suffix: Drive
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87106
Geo Lat: 35.068762
Geo Lon: -106.622901
Area: 42 - UNM South
Zone Atlas: L15
City/County Data
UPC Code: 101505652138410518
Subdivision: N/A
General Property Description
# of Units: 12
5+ Units: Yes
Property Sub-Type: 9 or More Units
Apx Structured SqFt: 8300
SqFt Source: Broker
Apx Lot Dim Front: 200
Apx Lot Dim Side: 120
Lot Description: 3 lots combined
Lot Size Source: Broker
Acres: 0.66
Lot SqFt: 28750
Directions: From Yale and Cesar Chavez go west 1 block to Wilmoore, south to address.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 3
Year Built: 1960
Year Built Source: Owner
Age: 61 - 70
Disability Access: No
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: No
Multiple Lots: Three
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 8105
Tax Exemption: Unknown
Cooling
Centrally Ducted: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 107400
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 8
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 600
Actual Rent: 700
Max Rent: 800
Market Rent: 800
# of Unit Types (2)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 800
Actual Rent: 825
Max Rent: 1100
Market Rent: 1100
Unit Summary
Total Units: 12
Average Unit Size: 666.66
Average Actual Rent: 741.66
Annualized: 106800
Total Actual Rent: 8900
Property Features
Construction: Frame
Exterior Material: Vinyl
Build Description: Resale
Amenities: Balconies/Deck; Some Landscaping; Tenant Storage
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Heating: Floor Furnace; Wall Unit
Cooling: Evaporative Cooling; Multi Units
Flooring: Vinyl; Wood
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: No Sign; Pets Limited
Metering: Individual Electric; Individual Gas
Operating Expenses: All
Owner Pays: Maintenance; Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit; 1.5 Spaces Per Unit; Covered
Roof: Flat; Tar Gravel; TPO (G)
Rental Info: Call Listing Broker; Deposits; Month To Month; Rental History Avail
Finance Considered: Cash; Conventional
Source: Broker Provided
Zoning: R-ML*
Documents
Google Maps ›Listing Office: Grimes Properties
Last Updated: May - 06 - 2024
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.