506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 (MLS# 1003674)


$549,000
506 MADISON Place SE, 1,2,3
Albuquerque, NM 87108
MLS# 1003674
2640 sqft


506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108
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506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108 506 MADISON Place SE, 1,2,3, Albuquerque, NM 87108

Property Description
Exceptionally well maintained and updated. Loyal tenants have long rental history. Each unit offers a private patio. Owners suites include large walk in closets. Kitchens have granite counter tops w/newer appliances of less than 4 yrs old. Evaporative coolers 2019, Washer and Dryers in each unit 2019. TPO roof less than 5 years old. Brand New privacy extended gates on units 1&2. New water heaters unit 1&3. Each unit offers a garage. Triplex is gated with security bars. Please view the property's feature sheet that includes all updates. Close to UNM, Nob Hill, KAFB and Sandia Labs the location and property is a fantastic investment opportunity.

Details
Maps
Contract Information
Listing Price: 549000
Current Price: $549,000
List Price/SqFt: 207.95
On Market Date: 2021-10-28
Status: Active
Allowance/Concession: No
Bank Owned: No
Location
Street #: 506
Street Name: MADISON
St Suffix: Place
Post Direction: SE
Unit #: 1,2,3
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87108
Zip +4: 3474
Geo Lat: 35.072495
Geo Lon: -106.591988
Area: 42 - UNM South
Zone Atlas: L17
City/County Data
UPC Code: 101705637051712514
General Property Description
# of Units: 3
5+ Units: No
Property Sub-Type: 1
Apx Structured SqFt: 2640
SqFt Source: Per Appraisal
Lot Size Source: Per Appraisal
Acres: 0.13
Lot SqFt: 5662.8
Directions: From Washington east on Zuni. Zuni to Madison.
Stories: 2
Total # of Buildings: 1
Year Built: 1999
Age: 21 - 30
Disability Access: No
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: No
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 3247
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 871
Actual Rent: 975
Max Rent: 1200
Market Rent: 1200
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 850
Actual Rent: 975
Max Rent: 1250
Market Rent: 1250
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 927
Actual Rent: 975
Max Rent: 1200
Market Rent: 1200
Unit Summary
Total Units: 3
Average Unit Size: 882.66
Average Actual Rent: 975
Annualized: 35100
Total Actual Rent: 2925
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Balconies/Deck; Ceiling Fan(s); Enclosed Yard; Private Patios; Security Gate; Wshr/Dryr HU in Unit
Appliances included: Dishwasher; Dryer; Frestnd Elec Stv/Ovn; Microwave; Refrigerator; Washer
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: 2+ Units; Evaporative Cooling
Flooring: Carpet; Laminate; Tile
Electric Provider: Public Utility
Green Energy Electric: None
Metering: Individual Electric; Individual Gas
Operating Expenses: Insurance; Property Taxes; Repairs/Maintenance
Owner Pays: Maintenance; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1 Space Per Unit; 2 or More Garages; Other Parking
Roof: TPO (G)
Rental Info: Deposits; Month To Month; Pet Deposit
Finance Considered: Cash; Conventional
Zoning: R-ML*

Listing Office: RE/MAX SELECT

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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