1650 BRIDGE Boulevard SW, Albuquerque, NM 87105 (MLS# 1000125)


$375,000
1650 BRIDGE Boulevard SW
Albuquerque, NM 87105
MLS# 1000125
3812 sqft


1650 BRIDGE Boulevard SW, Albuquerque, NM 87105
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Property Description
Great opportunity with Better Potential. Mixed use with 2 Residential units, 1 occupied and one requiring completion See Photos. 4585 finished SF once the upstairs 773 SF studio is complete with a potential cap rate nearing 10%. Leases in place, 'Do Not Disturb Tenants' Virtual Tours available Showings on accepted offer.

Details
Maps
Contract Information
Listing Price: 375000
Current Price: $375,000
List Price/SqFt: 98.37
On Market Date: 2021-08-28
Status: Active
Location
Street #: 1650
Street Name: BRIDGE
St Suffix: Boulevard
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87105
Zip +4: 3061
Directions: I-25 and Ave Ceasar Chavez west turns in to Bridge to 1650 on South Side of Street
Geo Lat: 35.064802
Geo Lon: -106.680655
Area: 90 - Near South Valley
Zone Atlas: L12
General Property Description
Property Sub-Type: 1
Apx Structured SqFt: 3812
SqFt Source: Floorplan
Acres: 0.17
Lot SqFt: 7405
Apx Lot Dim Front: 50
Apx Lot Dim Side: 160
Lot Size Source: On-Line
Flood Zone: X
Total # Stories: 2
# Parking Spaces: 13
Docks: No
Door Height: 6'8'
Disability Access: Unknown
HVAC: No
% Occupied: 75
Transaction Type: Sale
Tax & Legal Info
UPC Code: 101205635624341218
Short Legal Desc: LOT 4 EXC THE NLY PORT OUT TO R/W OF BRIDGE BLVD CONT 7,305 SQ FT +-
GRT Code: 02-002
Current Taxes: 2080.88
Tax Exemption: Unknown
Income & Expenses
Annual Oper Expenses: 2000
Annual Gross Income: 24000
Lease Term/Months: 12
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: No
Property Features
Location: Freestanding; Freestanding
Construction: Block; Frame
Exterior Material: Stucco
Property Access: Paved Road to Prop
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: 2+ Units
Cooling: Evaporative Cooling
Tenant Pays: Electric; Gas; Liability Insurance
Lease Information: Call List Office
Parking: Fee Charged
Docs/Data Available: Disclosure Statement; Plat Map
Finance Considered: Cash; Conventional
Zoning: C-1

Listing Office: Berkshire Hathaway NM Prop

Last Updated: September - 11 - 2021

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