Income-producing 4-plex across three separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. Unit A was recently renovated and is ready for a new tenant, offering immediate lease-up at market rates. Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Investment metrics strengthen the story: CAP rate 5.92%, GRM 9.63, IRR 13.83%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.
For sale
$525,000
1011 Edith Blvd NE #A-D, Albuquerque, NM 87102
5beds
4baths
3,223sqft
Est.:
Multi Family, Single Family Residence
Built in 1940
-- sqft lot
$510,100 Zestimate®
$163/sqft
$-- HOA
What's special
Private entriesDefined outdoor space
- 10 days |
- 226 |
- 14 |
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