Do Real Estate on the Go!
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$565,000
6 Beds
6 Baths
3,191sqft
426 Towner Ave Nw, Albuquerque, NM 87102
$565,000
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Multi Family
Built in 1946
$-- HOA
10,454 sqft lot
$177/sq.ft
Description
Turnkey 6-plex in Albuquerque's Near North Valley--three separate structures with two units each, professionally managed and fully stabilized and occupied for predictable performance. Property has a history of low vacancy rate and high demand. Clean, well-kept residences offer private entries and practical layouts that attract long-term tenants and minimize turnover. Solid metrics strengthen the case: CAP 6.06%, GRM 9.53, IRR 13.40% (per owner's pro forma). Rent/unit under $100k, under most comps. Each unit is separately metered for gas and electric. Close to employment, transit, and amenities, this location supports steady demand and market-rate rent growth. A great pric...
Continue Reading- Houzeo last checked: 29 Minutes ago
- Listing updated: December 11, 2025 at 9:34 am
- Listing Provided by: Peter A Cochran (505) 314-6181 DRE #20811 | Weichert, Realtors Image (505) 365-6721
- Source: Greater Albuquerque AOR (SWMLS) MLS-NV | MLS#: 1095527
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1946
HOA Fees
-
Finished Area
3,191 sqft
Lot Size
10,454 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1095527
MLS Status
Active
Days on Market
7
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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