1114 Silver Avenue SW, Albuquerque, NM 87102

$995,000
Property Type: Residential Income Square Footage: 7,730 Lot Size (sq. ft.): 13,939 Status: Closed
Current Price: $995,000 List Date: 9/24/2021 Last Modified: 1/03/2023

Overview

Description

** Under Contract Taking Backup Offers ** Property is two addresses on two separate lots: 1114 and 1116 Silver Ave SW. Wonderful hardwood floor property on edge of the Country Club area. Mature landscaping creates a welcoming courtyard for residents. 7 garages are an opportunity to generate additional cash-flow. See Marketing Flyer for more details.

Listing Details MLS# 1001667

Status Change Info

Pending Date
2021-11-03
Closing Date
2021-11-30

Contract Information

List Price/SqFt
128.72

Location

Street #
1114
Street Name
Silver
St Suffix
Avenue
Post Direction
SW
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87102
MLS Area Major
80 - Downtown Area
Zone Atlas
K13

General Property Description

# of Units
11
5+ Units
Yes
Property Sub-Type
Multi-Family
Living Area
7730
Lot Size Source
On-Line
Acres
0.32
Lot SqFt
13939
Directions
Between 11th and 12th on Silver SW
Stories
2
Total # of Buildings
3
Year Built Exception
Unknown
Age
71 - 80
Disability Access
No
LBP Disclosure
Yes
Builder
Unknown
Owner Occupant Unit
No
Flood Zone
X

Basement

Basement
No

Sales Info

Trade/Xch Considered
No

More Information

# of Unit Types (1)

# of Units
8
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
680
Actual Rent
875
Max Rent
899
Market Rent
899

# of Unit Types (2)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
800
Actual Rent
965
Max Rent
965
Market Rent
965

# of Unit Types (3)

# of Units
Yes
# Baths
Yes
Style
Studio
Approx. SqFt
500
Actual Rent
700
Max Rent
700
Market Rent
700

# of Unit Types (4)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
410
Actual Rent
650
Max Rent
650
Market Rent
650

Unit Summary

Total Units
11
Average Unit Size
650
Average Actual Rent
846.81
Annualized
111780
Total Actual Rent
9315

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
101305741439112312

Tax & Legal Info

GRT Code
02-100
Tax Exemption
No
Tax Annual Amount
5628

Construction Materials

Frame
Yes
Stucco
Yes

Amenities

Balconies/Deck
Yes
Some Landscaping
Yes
Storage
Yes

Cooling

Evaporative Cooling
Yes

Flooring

Tile
Yes
Vinyl
Yes
Wood
Yes

Heating

Floor Furnace
Yes

Owner Pays

Sewer
Yes
Trash Removal
Yes
Water
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Build Description

Resale
Yes

Appliances included

Free-Standing Electric Range
Yes
Free-Standing Gas Range
Yes
Refrigerator
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Water Connected
Yes

Electric Provider

Public Utility
Yes

Electric

None
Yes

Parking

2 or More Garages
Yes

Roof

Flat
Yes
Tar Gravel
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

6 Month
Yes
Month To Month
Yes
Yearly Lease
Yes

Zoning

MX-L*
Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Balconies/Deck; Some Landscaping; Storage Appliances included: Free-Standing Electric Range; Free-Standing Gas Range; Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Water Connected Heating: Floor Furnace Cooling: Evaporative Cooling Flooring: Tile; Vinyl; Wood Electric Provider: Public Utility Electric: None Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas Parking: 2 or More Garages Roof: Flat; Tar Gravel Rental Info: 6 Month; Month To Month; Yearly Lease Finance Considered: Cash; Conventional Zoning: MX-L*

Documents

Listing Office: NAI SunVista Commercial RE
Last Updated: January - 03 - 2023
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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