1300 Lead Avenue SE, Albuquerque, NM 87106 (MLS# 763107) -

1300 Lead Avenue SE, Albuquerque, NM 87106

$900,000

Property Type: Residential Income Square Footage: 12,070 Lot Size (sq. ft.): 1 Status: Closed

Current Price: $900,000 List Date: 6/29/2013 Last Modified: 5/03/2022

Overview

Description

Rare opportunity to own the entire block between Lead and Coal, 10 unit complex, 2 houses, 4 plex. 6 plex. Good parking, across from Roosevelt park near Pres Hospital. Property includes 1300 Lead SE and 1301-1305 Coal Se.

Listing Details MLS# 763107

Status Change Info

Pending Date: 2014-04-07
Closing Date: 2014-07-16

Contract Information

List Price/SqFt: 74.57

Location

Street #: 1300
Street Name: Lead
St Suffix: Avenue
Post Direction: SE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87106
MLS Area Major: 42 – UNM South
Zone Atlas: K15

CityCounty Data

Subdivision Name: Terrace

General Property Description

5+ Units: Yes
Property Sub-Type: Multi-Family
Living Area: 12070
SqFt Source: Broker
Apx Lot Dim Front: 100.00
Apx Lot Dim Side: 264.00
Lot Size Source: On-Line
Lot SqFt: Yes
Directions: From I-25 take Lead/Coal exit, east on Coal, south on Spruce. Property is complete block from Coal to Lead, on East side of street.
Stories: 2
Total # of Buildings: 3
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Acres: 0
# of Units: 0
Total Stories in Bldg: 0

Sales Info

Trade/Xch Considered: No

More Information

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101505719921031611

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: Unknown
Tax Annual Amount: 9623

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Enclosed Yard: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Carpet: Yes

Heating

Gas: Yes

Owner Pays

Sewer: Yes
Trash Removal: Yes
Water: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Income & Expenses

Annual Gross Income: 118740
Operating Expenses: 49549
Annual Utilities $: 0
Annual Insurance $: 0
Net Operating Income: 69191

Appliances included

Free-Standing Electric Range: Yes

Utilities

All City: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Operating Expenses

Other – See Remarks: Yes

Parking

1 Space Per Unit: Yes
Other Parking: Yes
Paved: Yes

Roof

Flat: Yes

Finance Considered

Conventional: Yes

Rental Info

Current Lse Agreemnt: Yes

Source

Owner Provided: Yes

Zoning

SU-2: Yes

Property Features

Construction Materials: Frame; Stucco Amenities: Enclosed Yard Appliances included: Free-Standing Electric Range Utilities: All City Heating: Gas Cooling: Evaporative Cooling Flooring: Carpet Metering: Individual Electric; Individual Gas Operating Expenses: Other – See Remarks Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas Parking: 1 Space Per Unit; Other Parking; Paved Roof: Flat Rental Info: Current Lse Agreemnt Finance Considered: Conventional Source: Owner Provided Zoning: SU-2

Listing Office: Berkshire Hathaway NM Prop

Last Updated: May – 03 – 2022

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