1011 EDITH Boulevard NE A-D
Albuquerque, NM 87102
$525,000
2 bd • 1 ba • 3,223 sqft • 0.13 acres
1 Story
Stories
$163
Per SQFT
1940
Year Built
09/26/2025
Listing Date
1091954
Listing #
87102
Zip Code
About This Property
Income-producing 4-plex across three separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. Unit A was recently renovated and is ready for a new tenant, offering immediate lease-up at market rates. Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Investment metrics strengthen the story: CAP rate 5.92%, GRM 9.63, IRR 13.83%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.
Interior
Bathrooms Total:
1
Interior Features:
Ceiling Fan(s)
Appliances:
Free-Standing Gas Range, Refrigerator
Laundry Features:
Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Flooring:
Carpet, Laminate, Vinyl, Wood
Basement:
Unfinished
Building And Construction
Property Type:
Residential Income
Building Area Total:
3,223 sqft
Year Built:
1940
Construction Materials:
Adobe, Frame
Levels:
One
Number Of Units Total:
4
Stories:
1
Structure Type:
House
Property Condition:
Resale
Exterior And Lot
Lot Size Acres:
0.13
Lot Size Square Feet:
5662.8
Parking Total:
4
Provisional
MLS #:
1091954
Gross Income:
54540
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
3
Operating Expense:
19310
Owner Pays:
Sewer, Trash Collection, Water
Tenant Pays:
Electricity, Gas, Other, See Remarks
Area And Schools
City:
Albuquerque
Postal Code:
87102
MLS Area Major:
Downtown Area
County:
Bernalillo
Parcel Number:
101405851219643309
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Cooling:
Ductless, Evaporative Cooling, Ceiling Fan(s)
Heating:
Central, Ductless, Forced Air, Wall Furnace
Heating (Y/N):
Yes
Location
Directions: From The Big I (I-25 & I-40 interchange), take I-40 East toward Santa Rosa. Exit at 6th St/4th St (Exit 158). Turn right onto 6th St NW, then left on Mountain Rd NW. Continue straight until Edith Blvd NE, then turn right. Drive about half a mile; 1011A Edith Blvd NE will be on your right.
Mortgage Calculator
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Monthly Payment**:
** All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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Listing courtesy of Weichert, Realtors Image
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Daria Derebera
Real Estate Broker in Albuquerque, NM