504 Cagua Drive SE, Albuquerque, NM 87108
$299,000
Property Type:
Residential Income
Square Footage:
1,884
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$299,000
List Date:
5/02/2024
Last Modified:
5/16/2024
Description
If your looking to invest great opportunity here! Live in one rent the other or fantastic rentals. This duplex is a solid find! Newer windows and stucco. Each unit has 2 large bd/ 1 bth. w/Hardwood floors throughout some carpet but original hardwood under. Each unit has a designated garage space plus newer blacktop. Ample parking for each unit as well as yard space. Evaporative coolers were just serviced with new motors and are ready for summer. If your looking to invest these units have great rental history. This property has only been sold once since 1950.
One lease ends May 31st and the other unit July 31st. Will move month to month after that period. New buyer will have option to keep them in place.
More Information MLS# 1061817
Contract Information
Listing Price: 299000
Current Price: $299,000
List Price/SqFt: 158.7
Status: Active
Allowance/Concession: No
Bank Owned: No
Location
Street #: 504
Street Name: Cagua
St Suffix: Drive
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 3714
Geo Lat: 35.072483
Geo Lon: -106.578281
Area: 71 - Southeast Heights
Zone Atlas: L18
City/County Data
UPC Code: 101805623951823215
General Property Description
# of Units: 2
5+ Units: No
Property Sub-Type: Duplex
Apx Structured SqFt: 1884
SqFt Source: Per Appraisal
Lot Size Source: Survey
Acres: 0.16
Lot SqFt: 6969.6
Directions: Go South on Cagua from Zuni to property.
Stories: 1
Total Stories in Bldg: 1
Total # of Buildings: 1
Year Built: 1950
Year Built Source: Appraiser
Year Built Exception: Unknown
Age: 61 - 70
# Parking Spaces: 4
Disability Access: No
LBP Disclosure: Yes
Builder: unknown
Owner Occupant Unit: No
Multiple Lots: One
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3057.96
Tax Exemption: No
Cooling
Centrally Ducted: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: 1
Approx. SqFt: 947
Actual Rent: 850
Max Rent: 900
Market Rent: 900
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: 1
Approx. SqFt: 893
Actual Rent: 850
Max Rent: 900
Market Rent: 900
Unit Summary
Total Units: 2
Average Unit Size: 920
Average Actual Rent: 850
Annualized: 20400
Total Actual Rent: 1700
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Outside Lights
Appliances included: Blt-In Gas Stve/Oven; Refrigerator
Utilities: Cable Available
Heating: Central Forced Air; Floor Furnace; Wall Unit
Cooling: Evaporative Cooling
Flooring: Wood
Green Energy Generation: None
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign
Operating Expenses: Call Listing Broker
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit; 2 or More Garages; Paved Lot
Roof: Tar Gravel
Rental Info: Call Listing Broker; Month To Month
Finance Considered: Cash; Conventional; FHA; VA
Source: Broker Provided
Zoning: MX-L*
Listing Office: Realty One of New Mexico
Last Updated: May - 16 - 2024
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