1110 1ST Street NW, Albuquerque, NM 87102
$495,000
Property Type:
Residential Income
Square Footage:
3,080
Lot Size (sq. ft.):
6,534
Status:
Closed
Current Price:
$495,000
List Date:
4/16/2022
Last Modified:
5/15/2024
Description
Rare opportunity to own 4 properties in an amazing downtown location! Perfect for long or short term rental income, MX-M zoning allows for both residential and commercial use. This property features three detached 2 bedroom 1 bathroom units, and one 1 bedroom 1 bathroom with fenced in courtyards. Recent updates include new hardwood flooring, re-enforced foundation, and new sewer line. Individually metered gas & electric. Sold As Is.
More Information MLS# 1012157
Status Change Info
Pending Date: 2022-06-16
Closing Date: 2022-07-28
Contract Information
Listing Price: 495000
Current Price: $495,000
List Price/SqFt: 160.71
Status: Closed
Bank Owned: No
Location
Street #: 1110
Street Modifier: 1/2
Street Name: 1ST
St Suffix: Street
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 2359
Geo Lat: 35.093691
Geo Lon: -106.646557
Area: 80 - Downtown Area
Zone Atlas: J14
City/County Data
UPC Code: 101405831822743902
General Property Description
# of Units: 4
5+ Units: No
Property Sub-Type: House Plus Unit(s)
Apx Structured SqFt: 3080
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.15
Lot SqFt: 6534
Directions: From Lomas and First Street, go north on First Street to property. Corner of First Street and Granite Avenue NW.
Stories: 1
Total # of Buildings: 4
Year Built: 1901
Age: 100+
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3307.84
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 786
Actual Rent: 850
Max Rent: 1300
Market Rent: 1000
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1015
Max Rent: 1500
Market Rent: 1100
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 822
Max Rent: 1300
Market Rent: 1000
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 457
Max Rent: 900
Market Rent: 800
Unit Summary
Total Units: 4
Average Unit Size: 770
Average Actual Rent: 212.5
Annualized: 10200
Total Actual Rent: 850
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Ceiling Fan(s); Enclosed Yard; Wshr/Dryr HU in Unit
Appliances included: Dryer; Dryer H/U; Refrigerator; Washer; Washer H/U
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Wall Unit
Cooling: Evaporative Cooling
Flooring: Carpet; Tile; Vinyl; Wood
Electric Provider: Public Utility
Electric: None
Metering: Individual Electric; Individual Gas
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash Removal; Water
Parking: Street Parking Only
Rental Info: Month To Month
Finance Considered: Cash; Conventional; FHA; VA
Zoning: MX-M*
Listing Office: Keller Williams Realty
Last Updated: May - 15 - 2024
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