, Albuquerque, NM 87108 (MLS# 1028703)

Albuquerque, NM 87108

Property Type: Residential Bedrooms: 49 Baths: 49 Square Footage: 20,314 Lot Size (sq. ft.): 49,223 Status: Active
Current Price: $3,250,000 List Date: 1/27/2023 Last Modified: 3/13/2023


Incredible money-makers turn-key 28 units Excellent Private gated courtyards with storage adjacent to each building. Property comes with resident grown vegetable and flower gardens. Many units recently remodeled in 2020, 2021, 2022. A total of seven contiguous fourplex buildings, combined for 28 multi-family units. The 1.13 acre comes with plenty of parking for tenants and guests. The units are 100% occupied with very low overhead expense. Locking entry gates at each end of the courtyards provide privacy and security. Low maintenance properties with everything in place, including professional management and pre-qualified tenancy. Includes a total of seven 1-bedroom 1-bath units and twenty-one 2-bedroom 1-bath units. All units have washer and dryer hookups inside.

More Information MLS# 1028703

Contract Information

Listing Price: 3250000 Current Price: $3,250,000 List Price/SqFt: 159.99 On Market Date: 2023-01-25 Status: Active Bank Owned: No


City/Town Code: Albuquerque State/Province: NM Zip Code: 87108 Directions: Property is located on San Pedro and Anderson road. Area: 71 - Southeast Heights Zone Atlas: L18

General Property Description

Property Sub-Type: Attached Permanent Foundation: Yes Offsite Built: No Total Units: 28 Unit Location: Above Unit Entry Level: 28 Stories in Unit: 1 Total Stories in Bldg: 1 Attached Type: None UPC Unitized: No Fireplace: No Stories: 1 Faces: North Builder: Unknown Apx Structured SqFt: 20314 SqFt Source: Broker Lot Acres: 1.13 Lot SqFt: 49223 Lot Size Source: Broker Flood Zone: X Disability Access: No PBR on Main: Yes Bedrooms: 49 Baths - Full: 49 Total Bathrooms: 49 Primary Bath Desc: Full Bath Private Pool: No Elementary School: Emerson Middle School: Wilson High School: Highland Age: 41 - 50 Year Built: 1977 LBP Disclosure: Yes Basement: No Guest House: No Loft: No

Tax & Legal Info

UPC Code: 101805627220642503 Short Legal Desc: * K 1 MANKINS REPLAT OF BLKS 1 & 2 ELDER HOMESTEAD ADDN GRT Code: 02-100 Current Taxes: 14585 Tax Exemption: No PID: No


Kitchen Level: Main Kitchen Length: 7.7 Kitchen Width: 17 Living Room Level: Main Living Room Length: 11.6 Living Room Width: 17.1


Sunroom: No


Green: No HERS: No


Guard House/Service: No Hist Prop/Lndmk: No Rented: No Land Lease: No HOA: No

Sales Info

Seller Assist Ofrd: No Trade/Xch Considered: No

Property Features

Build Description: Resale Other Structures: Storage Rooms: Kitchen; Living Room Laundry Location: None Laundry Power: None Land Use: Subdivided Roof: Flat Construction: Frame Exterior Material: Stucco Exterior Features: Alley; Courtyard Interior Features: Walk-In Closet(s) Appliances: Dryer; Dryer H/U; Refrigerator; Washer H/U Utilities: Electricity Connected; Sewer Connected Heating: Central Forced Air Cooling: Evaporative Cooling Wastewater: Public Sewer Water Source: City Water Landscape: SW Natural Ldscp (G) Flooring: Carpet; Tile Windows: Thermal-Double Pane Electric Provider: Public Utility Green Energy Electric: None Lot Description: Corner Finance Considered: Cash; Conventional General Access: Public Road Possession: Day of Funding Zoning: MX-L*

Room Information

Living Room Length: 11.60 Length: 11.60 Width: 17.10 Width: 17.10 Level: Main Kitchen Length: 7.70 Length: 7.70 Width: 17.00 Width: 17.00 Level: Main Primary Bedroom Length: 10.30 Length: 10.30 Width: 13.00 Width: 13.00 Level: Main
Listing Office: Hallmark Realty
Last Updated: March - 13 - 2023

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