Creative seller welcomes offers; lease (6k/mo), REC, trades, etc. Assisted-Living Investment Opportunity. Conveniently located in NE ABQ, this property is turn-key & ready to start producing income. Off Juan Tabo, with easy access to I-40. This 9 bed 3.5 bath facility has been entirely renovated & is permitted for an 8 bed ALF, providing a wonderful home environment for our cherished parents & grandparents. Open concept with plenty of space & an extra room along with an employee break room. Updates include but not limited to; fire suppression, smoke/CO2/fire alarms, plumbing, electric, HVAC, kitchen & baths. All architect-designed & permitted by CABQ. Monterrey Manor is a noteworthy Northeast Heights neighborhood developed in the mid-1960s. Next owner be ready for some serious cash flow!!
- Price:
- $900,000
- Bedrooms:
- 9
- Square Footage:
- 3,294
- Acreage:
- 0.24
- Year Built:
- 1964
- Listing ID #:
- 1026935
- Street Address:
- 12105 Sierra Grande Ave NE
- City:
- Albuquerque
- State:
- New Mexico
- Postal Code:
- 87112
- County:
- Bernalillo
- Community:
- 50 - Northeast Heights
- Listing Status:
- Active
- Listing Type:
- Residential Income
- Approximate Total Liveable Area:
- 3294
- Building Condition:
- Resale
- Construction Description:
- Frame
- Ease Of Access:
- Wheelchair Access
- Exterior Features:
- Sprinkler/Irrigation, Landscaping
- Flooring:
- Vinyl
- Number Of Floors In Unit:
- One
- Number Of Units:
- 1
- Stories:
- 1
- Total # Of Buildings:
- 1
- Total Building Square Footage:
- 3294
- Year Built:
- 1964
- Year Built Description:
- 51 - 60
- Approximate Lot Size Range Source:
- Public Records
- Lot Square Footage:
- 10454.4
- Zoning Description:
- R-1c*
- Days On Market:
- 101
- On Market Date:
- 2022-12-13
- Originating Mls:
- Swmls
- Property Disclosures:
- Lead Based Paint Disclosure, Ranm2100disclosure
- Terms:
- Cash, Conventional, Investor Financing, Lease, Lease Option, Owner May Carry, Other, See Remarks
- Property Taxes:
- $3,587
- Appliances:
- Dryer, Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator, Washer
- Cooling System:
- 2 Units
- Has Central Air Conditioning:
- Yes
- Heating:
- Central, Forced Air
- Utilities:
- Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
- Unit 1 Monthly Rent:
- 6000
- Unit 1 Total Bathrooms:
- 4
- Unit 1 Total Bedrooms:
- 9
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Dion Michael Armijo with Coldwell Banker Legacy