11912 Indian School Road NE, Albuquerque, NM 87112 (MLS# 1041486)

Overview

Description

All kitchens in this 8-plex have been remodeled in the last five years with cabinets, countertops, and most have stainless steel appliances. Vinyl faux wood flooring and 5'' baseboards have been installed in the living rooms, kitchens, hallways and most of the bathrooms. All units have attractive 2-tone paint with accent walls. Each unit has been provided with a washer and dryer. TPO roof was installed in 2022. Parking lot was resurfaced in 2017. This property consists of two 4-unit buildings with a shared parking lot. There is a breathtaking view of the Sandias right from the living room and kitchen windows. Great Northeast Heights location 1 block from Juan Tabo on Indian School Road. There are lots of shops and restaurants in the area.

Status Change Info

Pending Date: 2023-12-08
Closing Date: 2024-03-26

Contract Information

List Price/SqFt: 182.69
Allowance/Concession: No

Location

Street #: 11912
Street Name: Indian School
St Suffix: Road
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87112
Zip +4: 3552
MLS Area Major: 50 - Northeast Heights
Zone Atlas: J22

General Property Description

# of Units: 8
5+ Units: Yes
Property Sub-Type: Multi-Family
Living Area: 6240
SqFt Source: Per Appraisal
Lot Size Source: On-Line
Acres: 0.23
Lot SqFt: 10018.8
Directions: From Indian School and Juan Tabo, go East to property.
Stories: 2
Total # of Buildings: 2
Year Built: 1977
Age: 41 - 50
# Parking Spaces: 15
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: 2
# Baths: Yes
Approx. SqFt: 780
Actual Rent: 1128
Max Rent: 1200
Market Rent: 1200

Unit Summary

Total Units: 8
Average Unit Size: 780
Average Actual Rent: 1128
Annualized: 108288
Total Actual Rent: 9024

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 102205806054821010

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 3199.6

Construction Materials

Frame: Yes
Stucco: Yes
Wood Siding: Yes

Amenities

Laundry Equip. Owned: Yes
Storage: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Carpet: Yes
Vinyl: Yes

Heating

Central: Yes
Forced Air: Yes

Owner Pays

Sewer: Yes
Water: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash Removal: Yes

Income & Expenses

Annual Gross Income: 104071
Operating Expenses: 26817

Build Description

Resale: Yes

Appliances included

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Green Energy Generation

None: Yes

Electric Provider

Public Utility: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes
Master Electric: Yes

Operating Expenses

Insurance: Yes
Property Management: Yes
Property Taxes: Yes
Repairs/Maintenance: Yes
Utilities: Yes

Parking

1.5 Spaces Per Unit: Yes
Assigned: Yes

Roof

Flat: Yes
TPO (G): Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Current Lse Agreemnt: Yes
Deposits: Yes

Zoning

R-MH*: Yes

Property Features

Construction Materials: Frame; Stucco; Wood Siding Build Description: Resale Amenities: Laundry Equip. Owned; Storage Appliances included: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Utilities: Electricity Connected; Sewer Connected; Water Connected Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: Carpet; Vinyl Green Energy Generation: None Electric Provider: Public Utility Metering: Individual Electric; Individual Gas; Master Electric Operating Expenses: Insurance; Property Management; Property Taxes; Repairs/Maintenance; Utilities Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Removal Parking: 1.5 Spaces Per Unit; Assigned Roof: Flat; TPO (G) Rental Info: Current Lse Agreemnt; Deposits Finance Considered: Cash; Conventional Zoning: R-MH*