Stable cash-flowing property! This well-maintained 4-unit apartment complex features four spacious 2-bed, 1-bath units, consistently attracting tenants. Currently generating a gross annual income of $51,000 with an estimated NOI of $29,782, offering an attractive standalone cap rate of 7.94%. Must be sold together with the separately listed property at 126 Altez St. SE. MLS # 1078578. Both properties provide a combined cap rate of 8.14%. A strategic investment bundle in a strong rental market.Please see attached APOD's
For sale
Price cut: $15K (6/12)
$360,000
127 Garcia St NE, Albuquerque, NM 87123
6beds
3baths
--sqft
Est.:
Quadruplex, Multi Family
Built in 1977
-- sqft lot
$359,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 172 days
- on Zillow |
- 143 |
- 4 |
- Loading
- Loading