402 & 404 Cornell Drive SE, 1-12, Albuquerque, NM 87106 (MLS# 1060894)

Status Change Info

Pending Date: 2024-04-20
Closing Date: 2024-05-06

Contract Information

List Price/SqFt: 154.17

Location

Street #: 402 & 404
Street Name: Cornell
St Suffix: Drive
Post Direction: SE
Unit #: 1-12
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87106
MLS Area Major: 42 - UNM South
Zone Atlas: K16

General Property Description

# of Units: 12
5+ Units: Yes
Property Sub-Type: Multi-Family
Living Area: 8432
Lot Size Source: On-Line
Acres: 0.33
Lot SqFt: 14201
Directions: South on Cornell from Central (Frontier Restaurant) to Coal** Property located on the corner of Coal and Cornell***
Stories: 2
Total # of Buildings: 2
Year Built: 1971
Year Built Source: Public Records
Age: Select One
Disability Access: Unknown
LBP Disclosure: No
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: 12
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 730
Actual Rent: 950
Max Rent: 950
Market Rent: 1100

Unit Summary

Total Units: 12
Average Unit Size: 730
Average Actual Rent: 950
Annualized: 136800
Total Actual Rent: 11400

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101605708308930714 & 101605708309430713

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 6300.36

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Some Landscaping: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Carpet: Yes
Laminate: Yes
Wood: Yes

Heating

Wall Unit: Yes

Owner Pays

Other - See Remarks: Yes

Tenant Pays

Other - See Remarks: Yes

Build Description

Resale: Yes

Appliances included

Disposal: Yes
Fan/Hood: Yes
Free-Standing Electric Range: Yes
Refrigerator: 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

Operating Expenses

Insurance: Yes
Property Taxes: Yes
Utilities: Yes

Parking

Paved: Yes

Roof

Pitched: Yes
Shingle: Yes

Finance Considered

Cash: Yes

Rental Info

Other - See Remarks: Yes

Source

Actual Record: Yes

Zoning

R-ML*: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: Disposal; Fan/Hood; Free-Standing Electric Range; Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Wall Unit Cooling: Evaporative Cooling Flooring: Carpet; Laminate; Wood Green Energy Generation: None Electric Provider: Public Utility Operating Expenses: Insurance; Property Taxes; Utilities Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Parking: Paved Roof: Pitched; Shingle Rental Info: Other - See Remarks Finance Considered: Cash Source: Actual Record Zoning: R-ML*