502 Utah Street NE
Albuquerque, NM 87108
MLS #907026

Multi-family
  • 8units
$360,000
Est. P&I payment: $1374.96/mo
502 Utah Street NE, Albuquerque, NM 87108
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Description for 502 Utah Street NE, Albuquerque, NM 87108
Great income producing investment. Owner out-of-state not able to manage property. Many recent updates to the units - flooring, paint, appliances, hot water heater and evaporative coolers. 100% occupies. Two buildings, total of 8 units.
MLS #907026
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My Notes for MLS #907026

General Features

  • Property Type: C
  • Units for Sale: 8
  • Approx Structured SqFt: 5,600
  • Year Built: 1979
  • Total Number of Stories: 2
  • Total Number of Buildings: 2
  • Stories: 2
  • Property Sub-Type: 8 Units
  • 5+ Units: Yes
  • Age: 31 - 40
  • Number of Units: 8
  • Lot SqFt: 12,197
  • Zoning: R-2

Exterior Features

  • Number of Parking Spaces: 12
  • Exterior Material: Stucco
  • Parking: 1.5 Spaces Per Unit
  • Roof: Flat

Interior Features

  • Basement: Basement: No
  • Unit Type 1: Number of Units: 8
  • Unit Type 1: Number of Bedrooms: 2
  • Unit Type 1: Number Baths: 1
  • Unit Type 1: Average SqFt: 700
  • Unit Summary: Total Units: 8
  • Unit Summary: Average Unit Size: 700
  • Unit Summary: Average Actual Rent: 500
  • Unit Summary: Annualized: 48,000
  • Flooring: Carpet,​Laminate,​Vinyl

Utility Features

  • Amenities: Tenant Storage
  • Appliances included: Frestnd Gas Stv/Ovn,​Refrigerator
  • Cooling: Evaporative
  • Heating: Central Forced Air
  • Utilities: All City

Financial Features

  • Approximate Taxes: 2,912
  • List Price/SqFt: 64
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 500
  • Unit Type 1: Max Rent: 525
  • Unit Type 1: Market Rent: 550
  • Unit Summary: Total Actual Rent: 4,000
  • Finance Considered: Cash,​Conventional,​FHA,​VA
  • Owner Pays: Sewer,​Trash Removal,​Water
  • Tenant Pays: Electric,​Gas

Community Features

  • Subdivision: Mesa Verde

Miscellaneous Features

  • Disability Access: No
  • Lead Base Paint: No
  • Construction: Frame

Location

 
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Directions to 502 Utah Street NE, Albuquerque, NM 87108
Take I40; Exit Wyoming Heading South; Go West On Marquette; Then South On Utah.
The listing information for 502 Utah Street NE, Albuquerque, NM 87108 was graciously provided by our friends at the listing brokerage, Berkshire Hathaway Home Services New Mexico Properties

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Southwest Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Southwest Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/17/2018 at 10:21am
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