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Mark Boitano, CRS

Your Albuquerque Real Estate Professional
Cell/Text - (505) 239-2336
RE/MAX Elite
8300 Carmel Ave. NE, Ste. 201 | Albuquerque, NM 87122
Email: mboitano53@gmail.com

We would like to be your trusted real estate advisor. How Can We Help with Your Real Estate Needs?  See the Top Ten Reasons to contact Mark for your Albuquerque Metro real estate needs. Or, see "Client Reviews" at the link above.

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Listing 1 out of 4
$549,900 New For Sale

2601 Rio Grande Blvd NW
Albuquerque, NM 87104

6 units | Multi Family Home
15682 sq ft lot - MLS# 951533
Property Photo
1/70

Description

Incredible remodels in prime North Valley setting on .36 acre lot! Long time family ownership. There's a scarcity of rentals in ABQ's lush, historic N'Valley, 1.4 mi to Old Town, walk/bike to Nature Center. Artsy area-Think Airbnb? Five 1 BR/1BA units, each approx 480 SF, have been tastefully re-done with Pella windows, Elastomeric stucco, membrane roofs, designer colors, gleaming hardwood floors, coolers and 40's era specific kitchen/bath improvements. W/D in front and rear units. Mrt rate=$725/mo. Detached 1 BR/1BA has enclosed front yard, is approx 576 SF, has newer windows, roof, stucco and cooler but interior is mostly original condition, Mrkt rate=$650/mo. 10+ parking spaces, garage/outbuilding is 6-car size, one is enclosed garage--could be parking, wkshop, storage for add'n income.

DIRECTIONS: From Candelaria, South On Rio Grande To SW Corner Of Iris/Rio Grande.

Features

  • # of Parking Spaces: 10
  • 5+ Units: Yes
  • Age: 71 - 80
  • Amenities: Some Landscaping, Tenant Storage
  • Appliances included: Frestnd Gas Stv/Ovn, Refrigerator
  • Construction: Block, Frame
  • Cooling: Evaporative Cooling
  • County/Area: Bernalillo County
  • Exterior Material: Stucco
  • Flooring: Tile, Vinyl, Wood
  • Heating: Central Forced Air, Floor Furnace, Gas
  • Income & Expenses: Annual Gross Inco: 52320
  • Income & Expenses: Operating Expense: 10354
  • Listing Status: Active
  • Lot Size: 0.3600
  • Lot SqFt: 15756
  • Miscellaneous Info: No Sign
  • Operating Expenses: Accounting And Legal, Call Listing Broker, Insurance, Property Taxes, Repairs/Maintenance, Supplies,
  • Owner Pays: Other - See Remarks, Water
  • Parking: 1.5 Spaces Per Unit, Other Parking
  • Parking Spaces: 10
  • Property Type: Multi Family Home
  • Roof: Tpo (G)
  • Sq.Ft.: 2976
  • SqFt Source: Broker
  • Stories: 1
  • Sub Type: 6 Units
  • Total # of Buildings: 3
  • Unit 1: 5, 1-Bed, 1-Bath
  • Unit 2: 1, 1-Bed, 1-Bath
  • Unit Summary: Annualized: 43500
  • Unit Summary: Average Actual Rent: 604.16
  • Unit Summary: Average Unit Size: 496
  • Unit Summary: Total Actual Rent: 3625
  • Unit Summary: Total Units: 6
  • Units: 6
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Year Built: 1946
  • Zip Code: 87104
  • Zoning: R-A*

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