1098 E Riverside Drive, Truth or Consequences, NM 87901 (MLS# 1004531)


$325,000
1098 E Riverside Drive
Truth or Consequences, NM 87901
MLS# 1004531
3472 sqft


1098 E Riverside Drive, Truth or Consequences, NM 87901
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Property Description
6 rental units, 5 studios and 1 - 1516 sq ft house with 2 bedrooms. House was recently painted, laundry on site for tenant use. there is an additional lot in the back where you could possibly build additional units. This property is close to downtown Truth or Consequences.

Details
Maps
Documents
Contract Information
Listing Price: 325000
Current Price: $325,000
List Price/SqFt: 93.61
On Market Date: 2021-11-12
Status: Active
Bank Owned: No
Location
Street #: 1098
Direction: E
Street Name: Riverside
St Suffix: Drive
County: Sierra
City/Town Code: Truth or Consequences
State/Province: NM
Zip Code: 87901
Zip +4: 2934
Geo Lat: 33.128693
Geo Lon: -107.239195
Area: 610 - Sierra
Zone Atlas: NOZA
City/County Data
UPC Code: 3021078249517
General Property Description
# of Units: 6
5+ Units: Yes
Units for Sale: 6
Property Sub-Type: 1
Apx Structured SqFt: 3472
Lot Size Source: Plat
Acres: 0.55
Lot SqFt: 23958
Directions: Interstate 25 to Williamsburg exit 75, to Broadway, take Broadway to E Riverside. Property will be on your left.
Stories: 1
Total # of Buildings: 4
Year Built: 1950
Year Built Exception: Unknown
Age: 71 - 80
Disability Access: Unknown
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 21-124
Current Taxes: 1258
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 4
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 400
Actual Rent: 550
Max Rent: 600
Market Rent: 550
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 347
Actual Rent: 450
Max Rent: 450
Market Rent: 450
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 1516
Actual Rent: 850
Max Rent: 950
Market Rent: 850
Unit Summary
Total Units: 6
Average Unit Size: 577.16
Average Actual Rent: 583.33
Annualized: 42000
Total Actual Rent: 3500
Property Features
Construction: Block
Exterior Material: Stucco
Build Description: Resale
Amenities: Ceiling Fan(s); Laundry Equip. Owned
Appliances included: Dryer; Frestnd Gas Stv/Ovn; Refrigerator; Washer
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Mini-Split; Wall Unit
Cooling: Refrigerated; Window Units(s)
Flooring: Laminate; Tile; Vinyl; Wood
Electric Provider: Public Utility
Green Energy Electric: None
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Call Listing Broker
Owner Pays: Electric; Gas; Maintenance; Sewer; Trash Removal; Water
Tenant Pays: No Utilities
Parking: Unpaved
Roof: Rolled Roofing
Rental Info: Deposits; Yearly Lease
Finance Considered: Cash; Conventional; Owner Financing
Zoning: R-2

Listing Office: 45 Realty

Last Updated: November - 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.

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