1023 2ND Street SW, Albuquerque, NM 87102 (MLS# 1001094)


$695,000
1023 2ND Street SW
Albuquerque, NM 87102
MLS# 1001094
Status: Pending
4500 sqft


1023 2ND Street SW, Albuquerque, NM 87102
  1 / 42  
1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102 1023 2ND Street SW, Albuquerque, NM 87102

Property Description
Income Property Plus workshop, Historical Victorian and Larger Corner Lot. Ton of redevelopment , opportunity knocks. Albuquerque developement plan underway. The woodwork alone will make you want this Home but the additional income from the properties make it a great investment. PROPERTY Sandstone walls from Laguna quarry, 18'' thick Two sided carpenter gothic porch Standing seam metal roofs Five exterior doors Home office with separate entry High 12' ceilings Wooden trim and molding from longleaf red pine throughout which makes for a perfect sound for music and musicians Custom energy efficient windows from GlasRite Floors are oak and in dining room and library striped oak and cherry Original bronze hardware throughout Fireplaces in dining room, home office, master

Details
Maps
Status Change Info
Pending Date: 2021-09-22
Contract Information
Listing Price: 695000
Current Price: $695,000
List Price/SqFt: 154.44
On Market Date: 2021-09-16
Status: Pending
Allowance/Concession: No
Bank Owned: No
Location
Street #: 1023
Street Name: 2ND
St Suffix: Street
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87102
Zip +4: 4122
Geo Lat: 35.074681
Geo Lon: -106.651549
Area: 80 - Downtown Area
Zone Atlas: K14
City/County Data
UPC Code: 101405716607631205
General Property Description
# of Units: 6
5+ Units: Yes
Units for Sale: 6
Property Sub-Type: 1
Apx Structured SqFt: 4500
SqFt Source: Broker
Lot Size Source: On-Line
Acres: 0.45
Lot SqFt: 19602
Directions: Coal to Second South a few blocks to Property near Wheels Museum
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 4
Year Built: 1901
Year Built Exception: Unknown
Age: 71 - 80
# Parking Spaces: 6
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Multiple Lots: Four
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3461.9
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: Yes
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 1500
Actual Rent: 400
Max Rent: 1500
Market Rent: 1200
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1000
Actual Rent: 850
Max Rent: 1800
Market Rent: 1400
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Approx. SqFt: 500
Actual Rent: 550
Max Rent: 800
Market Rent: 600
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 400
Actual Rent: 650
Max Rent: 800
Market Rent: 800
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 400
Actual Rent: 300
Max Rent: 800
Market Rent: 800
# of Unit Types (6)
# of Units: 1
# of Bedrooms: 4
# Baths: 1
Approx. SqFt: 3500
Max Rent: 2000
Market Rent: 2000
Unit Summary
Total Units: 6
Average Unit Size: 1216.66
Average Actual Rent: 458.33
Annualized: 33000
Total Actual Rent: 2750
Property Features
Construction: Masonry
Exterior Material: Brick/Wainscoting
Build Description: Resale
Amenities: Ceiling Fan(s); Enclosed Yard; Fireplace Some Units; Laundry Community; Private Patios; Tenant Storage
Appliances included: Frestnd Gas Stv/Ovn; Refrigerator
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Available; Phone Connected; Sewer Connected; Water Connected
Heating: Wall Unit
Cooling: 2+ Units; Evaporative Cooling; Window Units(s)
Flooring: Wood
Electric Provider: Public Utility
Green Energy Electric: Other - See Remarks; Photovoltaics Seller Owned
Miscellaneous Info: No Sign; Pets Limited; Some Furnished
Irrigation Source: Cistern
Water Conservation: Greywater Reuse (G); Rainwater Harvest (G)
Metering: Individual Electric; Individual Gas
Operating Expenses: Other - See Remarks
Owner Pays: Sewer; Trash Removal; Water
Tenant Pays: Electric; Gas; Storage Rent; Other - See Remarks
Parking: 1 Space Per Unit; Other Parking; Unpaved
Roof: Metal
Rental Info: Other - See Remarks
Trade/Xch Terms: Trade for Other RE
Finance Considered: Cash; Conventional; Owner Financing
Source: Projection
Zoning: R-A*

Listing Office: Sandia Realty Inc.

Last Updated: September - 23 - 2021

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.

Scroll to Top