1301 Tijeras Avenue NE, Albuquerque, NM 87106

$1,400,000
Property Type: Residential Income Square Footage: 8,634 Lot Size (sq. ft.): 13,068 Status: Closed
Current Price: $1,400,000 List Date: 10/05/2023 Last Modified: 5/21/2024

Overview

Description

This 12 unit brick complex is a find near UNM, Presbyterian & Lovelace Hospitals. The 12 units compromise a mix of easily rentable two-bedroom, one-bedroom & studio apartments. The three two bedroom one bathroom units have large, covered patios with views of the City. The property also contains three garages spaces & one laundry facility. The 12 units are currently 100% occupied.

Listing Details MLS# 1042707

Status Change Info

Pending Date
2024-03-20
Closing Date
2024-05-21

Contract Information

List Price/SqFt
162.15

Location

Street #
1301
Street Name
Tijeras
St Suffix
Avenue
Post Direction
NE
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87106
MLS Area Major
40 - UNM
Zone Atlas
K15

General Property Description

# of Units
12
5+ Units
Yes
Property Sub-Type
Multi-Family
Living Area
8634
SqFt Source
Professional
Lot Size Source
On-Line
Acres
0.3
Lot SqFt
13068
Directions
From University & Dr. Martin Luther King Jr. drive west on Dr. Martin Luther King Jr. to Spruce Street. Drive South on Spruce Street to Tijeras. First building is on Tijeras & Spruce Street. The units available are 1301, 1303, 1305, &1307 Tijeras.
Stories
2
Total # of Buildings
4
Year Built
1950
Age
71 - 80
Disability Access
Unknown
LBP Disclosure
Yes
Builder
Unkown
Owner Occupant Unit
No
Flood Zone
X

Basement

Basement
No

Sales Info

Trade/Xch Considered
No

More Information

# of Unit Types (1)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
390
Actual Rent
600
Max Rent
1000
Market Rent
1000

# of Unit Types (2)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
390
Actual Rent
525
Max Rent
1000
Market Rent
1000

# of Unit Types (3)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
390
Actual Rent
600
Max Rent
1000
Market Rent
1000

# of Unit Types (4)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
700
Actual Rent
750
Max Rent
1200
Market Rent
1200

# of Unit Types (5)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
700
Actual Rent
805
Max Rent
1200
Market Rent
1200

# of Unit Types (6)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
700
Actual Rent
650
Max Rent
1200
Market Rent
1200

# of Unit Types (7)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
700
Actual Rent
650
Max Rent
1200
Market Rent
1200

# of Unit Types (8)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
700
Actual Rent
805
Max Rent
1200
Market Rent
1200

# of Unit Types (9)

# of Units
Yes
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
700
Actual Rent
770
Max Rent
1200
Market Rent
1200

# of Unit Types (10)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
865
Actual Rent
900
Max Rent
1600
Market Rent
1600

# of Unit Types (11)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
865
Actual Rent
850
Max Rent
1600
Market Rent
1600

# of Unit Types (12)

# of Units
Yes
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
865
Actual Rent
1020
Max Rent
1600
Market Rent
1600

Unit Summary

Total Units
12
Average Unit Size
663.75
Average Actual Rent
743.75
Annualized
107100
Total Actual Rent
8925

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
101505723840422901

Tax & Legal Info

GRT Code
02-100
Tax Exemption
Unknown
Tax Annual Amount
4461.26

Construction Materials

Brick Veneer
Yes
Frame
Yes
Stucco
Yes

Amenities

Balconies/Deck
Yes

Cooling

Evaporative Cooling
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Central
Yes
Forced Air
Yes
Wall Unit
Yes

Owner Pays

Sewer
Yes
Trash Removal
Yes
Water
Yes

Tenant Pays

Electric
Yes
Gas
Yes
Maintenance
Yes

Build Description

Resale
Yes

Appliances included

Free-Standing Gas Range
Yes
Range Hood
Yes

Utilities

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

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Parking

2 or More Garages
Yes

Roof

Flat
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

Current Lse Agreemnt
Yes

Zoning

R-T*
Yes

Property Features

Construction Materials: Brick Veneer; Frame; Stucco Build Description: Resale Amenities: Balconies/Deck Appliances included: Free-Standing Gas Range; Range Hood Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central; Forced Air; Wall Unit Cooling: Evaporative Cooling Flooring: Carpet; Tile Green Energy Generation: None Electric Provider: Public Utility Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas; Maintenance Parking: 2 or More Garages Roof: Flat Rental Info: Current Lse Agreemnt Finance Considered: Cash; Conventional Zoning: R-T*

Documents

Listing Office: Realty One of New Mexico, LLC
Last Updated: May - 21 - 2024
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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