1301 Tijeras Avenue NE, Albuquerque, NM 87106 (MLS# 1042707)

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*
Listing Office: Realty One of New Mexico, LLC
Last Updated: April - 29 - 2024

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