700-706 Fruit Avenue NW, Albuquerque, NM 87102 (MLS# 1006111)

Status Change Info

Pending Date: 2021-12-21
Closing Date: 2022-02-10

Contract Information

List Price/SqFt: 200

Location

Street #: 700-706
Street Name: Fruit
St Suffix: Avenue
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
MLS Area Major: 80 - Downtown Area
Zone Atlas: J14

General Property Description

# of Units: 10
5+ Units: Yes
Units for Sale: 10
Property Sub-Type: Other - See Remarks
Living Area: 9250
SqFt Source: Broker
Lot Size Source: Broker
Acres: 1.24
Lot SqFt: 54000
Directions: from Lomas and 7th, south on 7th, west on Fruit, parking lot on south side of Fruit
Stories: 2
Total # of Buildings: 4
Year Built: 1982
Age: 31 - 40
# Parking Spaces: 30
Disability Access: No
LBP Disclosure: No
Builder: Tekin
Owner Occupant Unit: No
Flood Zone: X

Basement

Basement: No

Sales Info

Trade/Xch Considered: Yes

More Information

# of Unit Types (1)

# of Units: 10
# of Bedrooms: 2
# Baths: 1.5
Approx. SqFt: 925
Actual Rent: 1225
Max Rent: 1325
Market Rent: 1295

Unit Summary

Total Units: 10
Average Unit Size: 925
Average Actual Rent: 1225
Annualized: 147000
Total Actual Rent: 12250

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101405808410032024

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 10500

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Balconies/Deck: Yes
Ceiling Fan(s): Yes
Fireplace All Units: Yes
Outside Lights: Yes
Some Landscaping: Yes
Wshr/Dryr HU in Unit: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Carpet: Yes
Tile: Yes
Vinyl: Yes
Wood: Yes

Heating

Central: Yes
Forced Air: Yes

Owner Pays

Association Fees: Yes
Maintenance: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Income & Expenses

Annual Gross Income: 151200
Operating Expenses: 47943

Build Description

Resale: Yes

Appliances included

Dishwasher: Yes
Disposal: Yes
Dryer H/U: Yes
Free-Standing Electric Range: Yes
Free-Standing Gas Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer H/U: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Available: Yes
Sewer Connected: Yes
Water Connected: Yes

Trade/Xch Terms

Equity See LO/SO: Yes

Electric Provider

Public Utility: Yes

Electric

None: Yes

Miscellaneous Info

Pets Limited: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Operating Expenses

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

Parking

1.5 Spaces Per Unit: Yes
Assigned: Yes
Paved: Yes

Roof

Shingle: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Deposits: Yes
Pet Deposit: Yes
Yearly Lease: Yes

Source

Broker Provided: Yes

Zoning

R-ML*: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Balconies/Deck; Ceiling Fan(s); Fireplace All Units; Outside Lights; Some Landscaping; Wshr/Dryr HU in Unit Appliances included: Dishwasher; Disposal; Dryer H/U; Free-Standing Electric Range; Free-Standing Gas Range; Microwave; Refrigerator; Washer H/U Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: Carpet; Tile; Vinyl; Wood Electric Provider: Public Utility Electric: None Miscellaneous Info: Pets Limited Metering: Individual Electric; Individual Gas Operating Expenses: Insurance; Property Management; Property Taxes; Repairs/Maintenance Owner Pays: Association Fees; Maintenance Tenant Pays: Electric; Gas Parking: 1.5 Spaces Per Unit; Assigned; Paved Roof: Shingle Rental Info: Deposits; Pet Deposit; Yearly Lease Finance Considered: Cash; Conventional Source: Broker Provided Zoning: R-ML*