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.
For sale
Price cut: $10K (6/13)
$540,000
525 Mesilla St SE, Albuquerque, NM 87108
1beds
1baths
2,200sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$526,300 Zestimate®
$245/sqft
$-- HOA
What's special
Fresh finishesUpdated kitchensTiled bathsLvt flooring
- 99 days
- on Zillow |
- 73 |
- 2 |
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