$360,000

126 ALTEZ Street NE, Albuquerque, NM 87123

2 beds |
1 bath

Multi-Family Home
Built in 1977
8,276sqft lot
—— car garage
$——/sqft
Listed 9 months ago

Property Description

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 $52,800 with an estimated NOI of $31,294, offering an attractive standalone cap rate of 8.34%. Must be sold together with the separately listed property at 127 Garcia St. SE. MLS # 1078579. Both properties provide a combined cap rate of 8.14%. A strategic investment bundle in a strong rental market.Please see attached APOD's

Listing Status:: Pending
Date Added:: February 19, 2025 at 06:00AM
Listing Office:: Caruso Realty, LLC : (505) 275-1301
Listing Agent:: Angelo Mora : (505) 903-2040
MLS ID:: 1078578

Appliances: Free-Standing Electric RangeRefrigerator
Flooring: See Remarks
A/C: Evaporative Cooling
Heating: CentralForced Air
Eco/Green Feature: None

General: 2

Originating MLS: SWMLS_SWMLS
County: Bernalillo

Zoning: N/A102005734304640324

Utilities: Electricity ConnectedNatural Gas ConnectedWater Connected

Source: SWMLS_SWMLS

This listing courtesy of Angelo Mora, Caruso Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hawthorne Elementary School

420 General Somervell St NE, Albuquerque, NM, 87123

Grades PK-5

0.41 miles away

Kennedy Middle School

721 Tomasita St NE, Albuquerque, NM, 87123

Grades 6-8

1.03 miles away

Gilbert L Sena Charter High School

69 Hotel Cir NE, Albuquerque, NM, 87123

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.