BEDS8
BATHS
SQUARE FEET3,072
MLS#1099820
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBuena Ventura
Property 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 Features
Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Forced Air
Lot Size: 0.19 Acres
Stories: 2.0
Taxes: $1,492
Year Built: 1977
Feature Descriptions
Appliances: Free-Standing Electric Range, Refrigerator
Days on Site: 14
Exterior: Frame, Stucco
Flooring: See Remarks
Parcel#: 102005734304640324
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: Keyway Properties, Inc
Agency Phone: (505) 903-2040
Shown By
Agent Name: Mae Cordova
Agent Phone: Primary: (505) 898-2700
Agency Title: Coldwell Banker Legacy
Estimate Your Payment
Estimated Payment
$ 1,068.30 per month $834.59 Principal & Interest $124.33 Property Tax $109.38 Homeowner's Insurance
126 Altez Street Ne | MLS# 1099820
This multi-family property located at 126 Altez Street Ne, Albuquerque, NM 87123 is currently listed for sale with an asking price of $375,000. Search Albuquerque real estate on mcordova.cblegacy.com today.