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1301 Tijeras Avenue NE, Albuquerque, NM 87106
$1,400,000
Property Type:
Residential Income
Square Footage:
8,634
Lot Size (sq. ft.):
13,068
Status:
Pending
Current Price:
$1,400,000
List Date:
10/06/2023
Last Modified:
4/29/2024
Description
This 12 unit brick complex is a find near UNM, Presbyterian & Lovelace Hospitals. The 12 units compromise a mix of easily rentable two-bedroom, one-bedroom & studio apartments. The three two bedroom one bathroom units have large, covered patios with views of the City. The property also contains three garages spaces & one laundry facility. The 12 units are currently 100% occupied.
More Information MLS# 1042707
Status Change Info
Pending Date: 2024-03-20
Contract Information
Listing Price: 1400000
Current Price: $1,400,000
List Price/SqFt: 162.15
Status: Pending
Bank Owned: No
Location
Street #: 1301
Street Name: Tijeras
St Suffix: Avenue
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87106
Geo Lat: 35.084338
Geo Lon: -106.631789
Area: 40 - UNM
Zone Atlas: K15
City/County Data
UPC Code: 101505723840422901
General Property Description
# of Units: 12
5+ Units: Yes
Property Sub-Type: 9 or More Units
Apx Structured SqFt: 8634
SqFt Source: Professional
Lot Size Source: On-Line
Acres: 0.3
Lot SqFt: 13068
Directions: From University & Dr. Martin Luther King Jr. drive west on Dr. Martin Luther King Jr. to Spruce Street. Drive South on Spruce Street to Tijeras. First building is on Tijeras & Spruce Street. The units available are 1301, 1303, 1305, &1307 Tijeras.
Stories: 2
Total # of Buildings: 4
Year Built: 1950
Age: 71 - 80
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unkown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 4461.26
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 390
Actual Rent: 600
Max Rent: 1000
Market Rent: 1000
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 390
Actual Rent: 525
Max Rent: 1000
Market Rent: 1000
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 390
Actual Rent: 600
Max Rent: 1000
Market Rent: 1000
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 700
Actual Rent: 750
Max Rent: 1200
Market Rent: 1200
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 700
Actual Rent: 805
Max Rent: 1200
Market Rent: 1200
# of Unit Types (6)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 700
Actual Rent: 650
Max Rent: 1200
Market Rent: 1200
# of Unit Types (7)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 700
Actual Rent: 650
Max Rent: 1200
Market Rent: 1200
# of Unit Types (8)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 700
Actual Rent: 805
Max Rent: 1200
Market Rent: 1200
# of Unit Types (9)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 700
Actual Rent: 770
Max Rent: 1200
Market Rent: 1200
# of Unit Types (10)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 865
Actual Rent: 900
Max Rent: 1600
Market Rent: 1600
# of Unit Types (11)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 865
Actual Rent: 850
Max Rent: 1600
Market Rent: 1600
# of Unit Types (12)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 865
Actual Rent: 1020
Max Rent: 1600
Market Rent: 1600
Unit Summary
Total Units: 12
Average Unit Size: 663.75
Average Actual Rent: 743.75
Annualized: 107100
Total Actual Rent: 8925
Property Features
Construction: Frame
Exterior Material: Brick Veneer; Stucco
Build Description: Resale
Amenities: Balconies/Deck
Appliances included: Frestnd Gas Stv/Ovn; Range Hood
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air; Wall Unit
Cooling: Evaporative Cooling
Flooring: Carpet; Tile
Green Energy Generation: None
Electric Provider: Public Utility
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas; Maintenance
Parking: 2 or More Garages
Roof: Flat
Rental Info: Current Lse Agreemnt
Finance Considered: Cash; Conventional
Zoning: R-T*
Documents
Listing Office: Realty One of New Mexico, LLC
Last Updated: April - 29 - 2024
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