619 14TH Street SW, Albuquerque, NM 87102

$1,750,000
Property Type: Residential Income Square Footage: 3,403 Lot Size (sq. ft.): 3,049 Status: Closed
Current Price: $1,750,000 List Date: 3/15/2025 Last Modified: 5/07/2025

Overview

Description

Less than 1 year - Incredible value add investment. 5 total units on 2 lots.

Listing Details MLS# 1080150

Status Change Info

Pending Date
2025-03-15
Closing Date
2025-05-07

Contract Information

List Price/SqFt
514.25

Location

Street #
619
Street Name
14TH
St Suffix
Street
Post Direction
SW
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87102
Zip +4
4577
MLS Area Major
80 - Downtown Area
Zone Atlas
K13

General Property Description

# of Units
5
5+ Units
Yes
Units for Sale
5
Property Sub-Type
Multi-Family
Living Area
3403
SqFt Source
Floorplan
Lot Size Source
Survey
Acres
0.07
Lot SqFt
3049.2
Directions
From Lead Ave, head west to 14th street, turn south (left) on 14th street and the property is on the right.
Stories
3
Total # of Buildings
Yes
Year Built Source
Builder
Age
<1
# Parking Spaces
5
Accessory Dwelling Unit
No
Disability Access
Unknown
LBP Disclosure
No
Builder
Sierra Hacienda Builders
Owner Occupant Unit
No
Multiple Lots
Two
Flood Zone
X

Cooling

Centrally Ducted
No
Ductless
Yes
Refrigerated
Yes

Basement

Basement
No

More Information

Sales Info

Trade/Xch Considered
Yes

# of Unit Types (1)

# of Units
3
# of Bedrooms
2
# Baths
2
Approx. SqFt
1175
Actual Rent
1900
Max Rent
2200
Market Rent
2200

# of Unit Types (2)

# of Units
2
# of Bedrooms
2
# Baths
2.5
Approx. SqFt
1200
Actual Rent
1900
Max Rent
2200
Market Rent
2200

Unit Summary

Total Units
5
Average Unit Size
1185
Average Actual Rent
1900
Annualized
114000
Total Actual Rent
9500

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
101305731135515609

Tax & Legal Info

GRT Code
02-100
Tax Exemption
No
Tax Annual Amount
237.12

Construction Materials

Frame
Yes
Stucco
Yes

Amenities

Ceiling Fan(s)
Yes
Laundry Equip. Owned
Yes
Private Patios
Yes
Some Landscaping
Yes
Wshr/Dryr HU in Unit
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Ductless
Yes

Owner Pays

No Utilities
Yes

Tenant Pays

Electric
Yes
Trash Removal
Yes
Water
Yes

Income & Expenses

Annual Gross Income
120000

Build Description

New Construction
Yes

Appliances included

Dishwasher
Yes
Dryer
Yes
Free-Standing Electric Range
Yes
Refrigerator
Yes
Washer
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Trade/Xch Terms

Trade for Other RE
Yes

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Miscellaneous Info

Sign On Property
Yes

Metering

Individual Electric
Yes
Other - See Remarks
Yes

Operating Expenses

Call Listing Broker
Yes

Parking

1 Garage
Yes
1 Space Per Unit
Yes

Roof

Metal
Yes
Positive Pitched
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

Call Listing Broker
Yes

Source

Owner Provided
Yes

Zoning

R-ML*
Yes

Property Features

Construction Materials: Frame; Stucco Build Description: New Construction Amenities: Ceiling Fan(s); Laundry Equip. Owned; Private Patios; Some Landscaping; Wshr/Dryr HU in Unit Appliances included: Dishwasher; Dryer; Free-Standing Electric Range; Refrigerator; Washer Utilities: Cable Available; Electricity Connected; Sewer Connected; Water Connected Heating: Ductless Cooling: Ductless; Refrigerated Flooring: Carpet; Tile Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: Sign On Property Metering: Individual Electric; Other - See Remarks Operating Expenses: Call Listing Broker Owner Pays: No Utilities Tenant Pays: Electric; Trash Removal; Water Parking: 1 Garage; 1 Space Per Unit Roof: Metal; Positive Pitched Rental Info: Call Listing Broker Finance Considered: Cash; Conventional Source: Owner Provided Zoning: R-ML*
Listing Office: Berkshire Hathaway NM Prop
Last Updated: May - 07 - 2025
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