For sale
  • Price cut: $10K (6/13)
    $540,000

    525 Mesilla St SE, Albuquerque, NM 87108

    1beds
    1baths
    2,200sqft
    : 
    Multi Family
    Built in 1950
    -- sqft lot
    $526,300 Zestimate®
    $245/sqft
    $-- HOA

    What's special

    Fresh finishesUpdated kitchensTiled bathsLvt flooring
    Fully occupied & recently renovated 6-plex in SE Albuquerque, offering strong income and low-maintenance ownership. All six 1BD/1BA units have updated kitchens, LVT flooring, tiled baths, and fresh finishes. Major mechanical upgrades include commercial-grade gas tankless water heaters and modern systems. Currently producing strong cash flow with proven rental demand. Cap rate at 6.9% with room to optimize. Ideal for buy-and-hold investors seeking stability and upside. All-electric units, landlord pays utilities. Showings by appointment only--please do not walk property or disturb tenants.
    99 days
    on Zillow
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    73
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