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117 High & 121 Street NE, Albuquerque, NM 87102

$1,766,000
Property Type: Residential Income Square Footage: 9,252 Lot Size (sq. ft.): 24,921 Status: Closed
Current Price: $1,766,000 List Date: 10/27/2021 Last Modified: 6/11/2022

Overview

Description

Dating back over 100 years, the evolution of this amazing property includes stewardship by the Kinney family (who owned it in the 1920s while Bartley Kinney started the famous Kinney Brick Company in the South Valley). Through the years a vast range of owners have collaborated to repurpose this property into the amazing compound that it is today. These 11 unique apartments offer a range of floorplans from 400 square foot studios to a monster 2,100 square foot crows nest apartment on the top floor. Each unit is complimented by historical features, well-preserved vintage finishes, and the most pragmatic, modern updates. Residents love the gleaming hardwood floors, built-ins, enormous windows, & casework as much as the state-of-the-art HVAC systems, and totally renovated kitchens & bath

Listing Details MLS# 1003677

Status Change Info

Pending Date
2022-03-25
Closing Date
2022-06-11

Contract Information

List Price/SqFt
190.88
Allowance/Concession
No

Location

Street #
117
Street Name
High & 121
St Suffix
Street
Post Direction
NE
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87102
Zip +4
3622
MLS Area Major
80 - Downtown Area
Zone Atlas
K14

CityCounty Data

Subdivision Name
Huning Highland Add'n

General Property Description

# of Units
11
5+ Units
Yes
Units for Sale
11
Property Sub-Type
Multi-Family
Living Area
9252
Lot Size Source
On-Line
Acres
0.57
Lot SqFt
24921
Directions
From I-25 and Central, west on Central to High, north to the property.
Stories
2
Total Stories in Bldg
2
Total # of Buildings
3
Year Built
1901
Age
100+
Disability Access
Unknown
LBP Disclosure
Yes
Builder
Unknown
Owner Occupant Unit
Yes
Multiple Lots
Three
Flood Zone
X

Basement

Basement
No

More Information

Sales Info

Trade/Xch Considered
No

# of Unit Types (1)

# of Units
Yes
# of Bedrooms
Yes
# Baths
11
Style
117-1
Approx. SqFt
650
Actual Rent
865
Max Rent
865
Market Rent
975

# of Unit Types (2)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
117-2
Approx. SqFt
650
Actual Rent
895
Max Rent
895
Market Rent
975

# of Unit Types (3)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
117-3
Approx. SqFt
603
Actual Rent
745
Max Rent
745
Market Rent
975

# of Unit Types (4)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
117-4
Approx. SqFt
550
Actual Rent
775
Max Rent
775
Market Rent
875

# of Unit Types (5)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
121-Basement
Approx. SqFt
400
Actual Rent
735
Max Rent
735
Market Rent
875

# of Unit Types (6)

# of Units
Yes
# of Bedrooms
5
# Baths
2
Style
121-Main
Approx. SqFt
2100
Actual Rent
2450
Max Rent
2450
Market Rent
2450

# of Unit Types (7)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
121-u/s
Approx. SqFt
1800
Actual Rent
2200
Max Rent
2375
Market Rent
2375

# of Unit Types (8)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Style
121 A- Cottage
Approx. SqFt
1019
Actual Rent
835
Max Rent
835
Market Rent
1400

# of Unit Types (9)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Style
121-B
Approx. SqFt
506
Actual Rent
675
Max Rent
795
Market Rent
975

# of Unit Types (10)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Style
121-C
Approx. SqFt
498
Actual Rent
650
Max Rent
795
Market Rent
975

# of Unit Types (11)

# of Units
Yes
# of Bedrooms
121
# Baths
Yes
Style
121-D
Approx. SqFt
476
Actual Rent
695
Max Rent
795
Market Rent
975

Unit Summary

Total Units
11
Average Unit Size
841.09
Average Actual Rent
1047.27
Annualized
138240
Total Actual Rent
11520

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
101405751339212304

Tax & Legal Info

GRT Code
02-100
Tax Exemption
No
Tax Annual Amount
7527

Construction Materials

Frame
Yes
Stucco
Yes

Amenities

Some Landscaping
Yes

Cooling

Evaporative Cooling
Yes

Flooring

Vinyl
Yes
Wood
Yes

Heating

Central
Yes
Forced Air
Yes

Owner Pays

Other - See Remarks
Yes

Tenant Pays

Other - See Remarks
Yes

Build Description

Resale
Yes

Appliances included

Refrigerator
Yes

Utilities

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Electric Provider

Public Utility
Yes

Electric

None
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

Other - See Remarks
Yes

Source

Broker Provided
Yes
Owner Provided
Yes

Zoning

R-ML*
Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: Vinyl; Wood Electric Provider: Public Utility Electric: None Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Source: Broker Provided; Owner Provided Zoning: R-ML*

Documents

View Document Flyer & APOD ›
View Document LO SO Letter to Buyers, Buyers Brokers ›
View Document Lead Based Paint ›
View Document Tax Levy Disclosure ›
Listing Office: NM Apartment Advisors, Inc.
Last Updated: June - 11 - 2022
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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