- Overview
- Description
- Property Details
- Location
- Getting Around
Street View
$365,000
6 Beds
- 3 Baths
3,072sqft
126 Altez St Se, Albuquerque, NM 87123
$365,000
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Quadruplex
Built in 1977
$-- HOA
8,102 sqft lot
$119/sq.ft
Description
This four-unit apartment building offers a strong investment opportunity with a current 9.39% cap rate at full asking price. The property features four residential 2 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. A new roof was installed August of 2023 Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow.
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
3,072 sqft
Lot Size
8,102 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1107596
MLS Status
Active
Days on Market
10
Cumulative Days on Market
7
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