• Price:

    • $1,495,000

  • Listing #:
    • 906946
  • Class:
    • Multi-Residential
  • Status:
    • Pending
  • Type:
    • 9 Or More Units
  • # of Acres:
    • 0.57
  • Lot Size:
    • 24,829
  • Year Built:
    • 1901
  • Subdivision:
    • Armijo Y Otero Add
  • Address:
    • NW 2nd Street
  • City:
  • County:
    • Bernalillo
  • Area:
    • 80 - Downtown Area
  • State:
    • NM
  • Zip:
    • 87102

Description

Amazing value add opportunity to own a historic part of ABQ's skyline at a price under last appraisal (last appraisal was $1.7M, ask price is $1.495M) . Currently broken up into 18 spaces, but owner has plans for 15 more units - including pent house apartments on each floor of the tower.Property currently pending subject to inspections and financing. Owner is encouraging backup offers.

For more information on this listing, please contact...

  • Units
    • Owner Occupant Unit:
      • - Yes
    • Total # Of Buildings:
      • - 1
    • # Of Units:
      • - 18.00
    • Unit Summary: Total Units:
      • - 18
    • # Of Unit Types (1): # Of Units:
      • - 2
    • # Of Unit Types (1): Style:
      • - Studio
    • # Of Unit Types (1): Approx. Sqft:
      • - 650
    • # Of Unit Types (1): # Baths:
      • - 1.00
    • # Of Unit Types (1): Market Rent:
      • - 878
    • # Of Unit Types (1): Actual Rent:
      • - $623.00
    • # Of Unit Types (1): Max Rent:
      • - 650
    • # Of Unit Types (2): # Of Units:
      • - 9
    • # Of Unit Types (2): Approx. Sqft:
      • - 650
    • # Of Unit Types (2): # Of Bedrooms:
      • - 1
    • # Of Unit Types (2): # Baths:
      • - 1.00
    • # Of Unit Types (2): Market Rent:
      • - 878
    • # Of Unit Types (2): Actual Rent:
      • - 803
    • # Of Unit Types (2): Max Rent:
      • - 895
    • # Of Unit Types (3): # Of Units:
      • - 4
    • # Of Unit Types (3): Approx. Sqft:
      • - 738
    • # Of Unit Types (3): # Of Bedrooms:
      • - 2
    • # Of Unit Types (3): # Baths:
      • - 1.00
    • # Of Unit Types (3): Market Rent:
      • - $1,500.00
    • # Of Unit Types (3): Actual Rent:
      • - 1136
    • # Of Unit Types (3): Max Rent:
      • - 1500
    • # Of Unit Types (4): # Of Units:
      • - 1
    • Average Sqft:
      • - 650
    • # Of Unit Types (4): # Of Bedrooms:
      • - 3
    • # Of Unit Types (4): # Baths:
      • - 1.00
    • # Of Unit Types (4): Market Rent:
      • - $1,500.00
    • Average Actual Rent:
      • - 1500
    • # Of Unit Types (4): Max Rent:
      • - $1,500.00
    • # Of Unit Types (5): # Of Units:
      • - 1
    • # Of Unit Types (5): Style:
      • - Retail Space
    • # Of Unit Types (5): Approx. Sqft:
      • - 8000
    • # Of Unit Types (5): # Baths:
      • - 1.00
    • # Of Unit Types (5): Market Rent:
      • - $8,000.00
    • # Of Unit Types (5): Max Rent:
      • - $8,000.00
    • # Of Unit Types (6): # Of Units:
      • - 1
    • # Of Unit Types (6): Style:
      • - Office
    • # Of Unit Types (6): Approx. Sqft:
      • - 1425
    • # Of Unit Types (6): # Baths:
      • - 1.00
    • # Of Unit Types (6): Market Rent:
      • - $2,300.00
    • # Of Unit Types (6): Actual Rent:
      • - $2,000.00
    • # Of Unit Types (6): Max Rent:
      • - $2,000.00
  • Construction
    • Age:
      • - 1 - 3
    • Number Of Stories:
      • - 5
    • Details:
      • - Block
    • Details:
      • - None
    • Builder:
      • - Unknown
    • Flooring:
      • - Concrete
    • Basement:
      • - No
    • Disability Access:
      • - Unknown
    • Lbp Disclosure:
      • - Yes
  • Lot
    • Multiple Lots:
      • - Five
    • Details:
      • - Su-2
  • Rent
    • Tenant Pays:
      • - Other - See Remarks
    • Rental Info:
      • - Call Listing Broker
    • Unit Summary: Annualized:
      • - 198204.00
    • Unit Summary: Average Unit Size:
      • - 1120.94
    • Unit Summary: Average Actual Rent:
      • - 917.61
    • Unit Summary: Total Actual Rent:
      • - 16517.00
    • Owner Pays:
      • - Other - See Remarks
  • Utilities
    • Utilities:
      • - All City
    • Heating:
      • - 2+ Units
    • Cooling:
      • - 2+units
  • Income & Expenses
    • Approx. Taxes:
      • - 14270.32
    • Tax Exemption:
      • - No
  • Miscellaneous
    • Details:
      • - Laundry Community
    • Appliances Included:
      • - Refrigerator
    • Days On Market:
      • - 1
    • Finance Considered:
      • - Cash
      • - Conventional

For more information on this listing, please contact...