Bought with Full House Real Estate,LLC
$700,000
$700,000
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3 Beds
2 Baths
4,335 SqFt
SOLD DATE : 06/25/2025
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,335 sqft
Price per Sqft $161
MLS Listing ID 1082058
Sold Date 06/25/25
Bedrooms 3
Construction Status Resale
HOA Y/N No
Year Built 2005
Annual Tax Amount $3,828
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
20-year old 4-plex in top demand rental area in Southern Rio Rancho near Intel! Two 3 bed / 2 bath 1210 SF downstairs Units. Two 2 bed / 2 bath 950 SF upstairs Units with cathedral ceilings. $5,500 building market rent. Longterm tenants, current building rent $4,940. These modern apartments are in very high demand by tenants, offering tenants all the top amenities, & offering Owner very low vacancy rates All Units offer: laundry closets, outside storage closets, master walk-in closets, & gas fireplaces. Private backyards for 2 downstairs Units, back balconies for 2 upstairs Units. Well maintained property with numerous improvements. Managed by Listing Broker for 14+ years. Maintenance and Performance Records available by request.
Location
State NM
County Sandoval
Area 140 - Rio Rancho South
Interior
Heating Central, Forced Air, Hot Water
Cooling Refrigerated
Flooring Carpet, Vinyl
Fireplace Yes
Appliance Dryer, Dishwasher, Free-Standing Gas Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
Laundry Washer Hookup, Dryer Hookup, In Unit
Exterior
Exterior Feature Patio
Community Features Deck/ Porch, Patio, Storage Facilities
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Accessibility Wheelchair Access
Porch Patio
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID R142720
Acceptable Financing Cash, Conventional, FHA, VA Loan
Green/Energy Cert None
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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