645 Valley High Road SE, Albuquerque, NM 87105 (MLS# 1012765)


$675,000
645 Valley High Road SE
Albuquerque, NM 87105
MLS# 1012765
Status: Pending



645 Valley High Road SE, Albuquerque, NM 87105
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Property Description
This property offers two 4 plex's an one detached home sitting on 1.38 acres of land zoned M2. City water and gas are connected to the property and separately metered for each dwelling. The home is a 4-bedroom 1/34 bath with a 1 car garage that needs finished. There is a total of 9 potential rental doors however, the home has a separate entrance that could make it a 10-door income property or separate in law residence. They are pueblo style, stick frame, stucco, hardwood floors, wall heaters and most have tankless heaters. Currently they are on a septic system however city sewer is available. The seller is offering $25K allowance to the buyer to connect to city sewer with acceptable offer. There is plenty of parking on the property for large equipment and perfect for the owner operator

Details
Maps
Status Change Info
Pending Date: 2022-06-01
Contract Information
Listing Price: 675000
Current Price: $675,000
On Market Date: 2022-04-18
Status: Pending
Bank Owned: No
Location
Street #: 645
Street Name: Valley High
St Suffix: Road
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87105
Zip +4: 7622
Geo Lat: 35.007393
Geo Lon: -106.651683
Area: 91 - Valley Farms
Zone Atlas: Q14
City/County Data
UPC Code: 101405216825120424
General Property Description
# of Units: 9
5+ Units: Yes
Property Sub-Type: 1
Lot Size Source: On-Line
Acres: 1.38
Lot SqFt: 60112.8
Directions: Rio Bravo & Broadway, south to Valley High West to Property
Stories: 1
Total # of Buildings: 3
Year Built: 1959
Age: 61 - 70
Disability Access: No
LBP Disclosure: Yes
Builder: Unk
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 02-002
Current Taxes: 2392.74
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 4
# Baths: 1.75
Style: Pueblo
Approx. SqFt: 1705
Max Rent: 2200
Market Rent: 1500
# of Unit Types (2)
# of Units: 7
# of Bedrooms: 7
# Baths: 7
Style: Pueblo
Approx. SqFt: 450
Actual Rent: 600
Max Rent: 850
Market Rent: 750
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Style: Pueblo
Approx. SqFt: 450
Max Rent: 850
Market Rent: 750
Unit Summary
Total Units: 9
Average Unit Size: 589.44
Average Actual Rent: 466.66
Annualized: 50400
Total Actual Rent: 4200
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: No Landscaping
Appliances included: Frestnd Gas Stv/Ovn
Utilities: Electricity Connected; Natural Gas Connected; Sewer Available
Heating: Floor Furnace; Wall Unit
Cooling: Evaporative Cooling
Flooring: Wood
Electric Provider: Public Utility
Green Energy Electric: None
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Repairs/Maintenance
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas
Roof: Flat
Rental Info: Month To Month
Finance Considered: Cash; Conventional
Source: Projection; Other - See Remarks
Zoning: M-2

Listing Office: Coldwell Banker Legacy

Last Updated: June - 02 - 2022


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