822 W Castillo Avenue
Belen, NM 87002
MLS #901499

Multi-family
  • 1units
$348,000
Est. P&I payment: $1329.12/mo
822 W Castillo Avenue, Belen, NM 87002
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Description for 822 W Castillo Avenue, Belen, NM 87002
Fantastic investment opportunity! Own this great retail building on Main Street close to Downtown Belen with six established retail tenants: A gym, a cake shop, a yoga studio, and 2 clothing shops! One retail space in process to be leased. The property also has a large residential space upstairs (tenant occupied) with spectacular views! Additionally, the building comes with warehouse space and other potential office spaces. This is a one-of-a-kind opportunity.
MLS #901499
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My Notes for MLS #901499

General Features

  • Property Type: C
  • Approx Structured SqFt: 22,322
  • Year Built: 1930
  • Total Number of Buildings: 1
  • Stories: 2
  • Property Sub-Type: Other - See Remarks
  • 5+ Units: No
  • Approx Lot Dimensions Front: 130.68
  • Approx Lot Dimensions Side: 130.45
  • Age: 50+
  • Number of Units: 1
  • Lot SqFt: 16,988
  • Zoning: C-1

Exterior Features

  • Exterior Material: Stucco
  • Parking: Street Parking Only
  • Roof: Flat

Interior Features

  • Basement: Basement: No
  • Unit Type 1: Number of Units: 1
  • Unit Type 1: Number of Bedrooms: 4
  • Unit Type 1: Number Baths: 3
  • Unit Type 1: Average SqFt: 2,000
  • Unit Summary: Total Units: 1
  • Unit Summary: Average Unit Size: 2,000
  • Unit Summary: Average Actual Rent: 750
  • Unit Summary: Annualized: 9,000
  • Flooring: Carpet,​Laminate,​Tile,​Vinyl

Utility Features

  • Amenities: Fireplace Some Units
  • Appliances included: Cooktop,​Refrigerator
  • Cooling: 2+Units,​Evaporative,​Refrigerated
  • Heating: 2+ Units,​Central Forced Air
  • Utilities: All City,​Electric,​Natural Gas,​Sewer System

Financial Features

  • Approximate Taxes: 2,747
  • List Price/SqFt: 16
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 750
  • Unit Type 1: Max Rent: 800
  • Unit Type 1: Market Rent: 800
  • Unit Summary: Total Actual Rent: 750
  • Finance Considered: Cash,​Conventional
  • Owner Pays: Trash Removal,​Water
  • Tenant Pays: Electric,​Gas

Community Features

  • Subdivision: Scholle Add

Miscellaneous Features

  • Disability Access: Unknown
  • Lead Base Paint: Yes
  • Construction: Frame,​Masonry

Location

 
Street View Not Available
Directions to 822 W Castillo Avenue, Belen, NM 87002
From I-25 South, Exit 191 Camino Del Llano. Turn left onto Camino Del Llano, turn left only S. Main Street, Turn Left on W Castillo Avenue.
The listing information for 822 W Castillo Avenue, Belen, NM 87002 was graciously provided by our friends at the listing brokerage, Sachs 5th Real Estate & Auction

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P&I Payment $1329.12
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Southwest Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Southwest Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 02/21/2018 at 11:23pm
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