912-936 San Pedro Drive SE, Albuquerque, NM 87108

$2,850,000
Property Type: Residential Income Square Footage: 20,314 Lot Size (sq. ft.): 49,223 Status: Closed
Current Price: $2,850,000 List Date: 1/25/2023 Last Modified: 12/11/2023

Overview

Description

Incredible money-makers turn-key 28 units Excellent Private gated courtyards with storage adjacent to each building. Property comes with resident grown vegetable and flower gardens. Many units recently remodeled in 2020, 2021, 2022. A total of seven contiguous fourplex buildings, combined for 28 multi-family units. The 1.13 acre comes with plenty of parking for tenants and guests. The units are 100% occupied with very low overhead expense. Locking entry gates at each end of the courtyards provide privacy and security. Low maintenance properties with everything in place, including professional management and pre-qualified tenancy. Includes a total of seven 1-bedroom 1-bath units and twenty-one 2-bedroom 1-bath units. All units have washer and dryer hookups inside.

Listing Details MLS# 1028843

Status Change Info

Pending Date
2023-11-04
Closing Date
2023-12-11

Contract Information

List Price/SqFt
140.3

Location

Street #
912-936
Street Name
San Pedro
St Suffix
Drive
Post Direction
SE
County
Bernalillo
City/Town Code
Albuquerque
State/Province
NM
Zip Code
87108
MLS Area Major
71 - Southeast Heights
Zone Atlas
L18

General Property Description

5+ Units
No
Property Sub-Type
Other - See Remarks
Living Area
20314
SqFt Source
Floorplan
Apx Lot Dim Front
N
Apx Lot Dim Side
Above
Lot Size Source
Broker
Acres
1.13
Lot SqFt
49223
Directions
Property is located on San Pedro and Anderson road.
Stories
Yes
Total # of Buildings
7
Year Built
1977
Age
41 - 50
Disability Access
No
LBP Disclosure
Yes
Builder
Unknown
Owner Occupant Unit
Yes
Flood Zone
X
# Parking Spaces
0
# of Units
0
Units for Sale
0

Basement

Basement
No

Sales Info

Trade/Xch Considered
No

More Information

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
101805627220642503

Tax & Legal Info

GRT Code
02-100
Tax Exemption
No
Tax Annual Amount
14585

Construction Materials

Frame
Yes
Stucco
Yes

Amenities

Ceiling Fan(s)
Yes
Gated
Yes
Outside Lights
Yes
Private Patios
Yes
Wshr/Dryr HU in Unit
Yes

Cooling

Evaporative Cooling
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Central
Yes
Forced Air
Yes

Owner Pays

Some Utilities
Yes
Trash Removal
Yes

Tenant Pays

Some Utilities
Yes

Build Description

Resale
Yes

Appliances included

Dryer
Yes
Dryer H/U
Yes
Refrigerator
Yes
Washer H/U
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Electric

None
Yes

Miscellaneous Info

Land Lease
Yes

Roof

Flat
Yes

Finance Considered

Cash
Yes
Conventional
Yes
Owner Financing
Yes

Rental Info

Call Listing Broker
Yes

Zoning

MX-L*
Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Ceiling Fan(s); Gated; Outside Lights; Private Patios; Wshr/Dryr HU in Unit Appliances included: Dryer; Dryer H/U; Refrigerator; Washer H/U Utilities: Electricity Connected; Sewer Connected Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: Carpet; Tile Green Energy Generation: None Electric Provider: Public Utility Electric: None Miscellaneous Info: Land Lease Owner Pays: Some Utilities; Trash Removal Tenant Pays: Some Utilities Roof: Flat Rental Info: Call Listing Broker Finance Considered: Cash; Conventional; Owner Financing Zoning: MX-L*
Listing Office: Hallmark Realty
Last Updated: December - 11 - 2023
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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