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126 ALTEZ Street NE - Main Image

126 ALTEZ Street NE

Albuquerque, NM 87123

$360,000
2 bd • 1 ba • 0.19 acres
2 Story
Stories
1977
Year Built
02/19/2025
Listing Date
1078578
Listing #
87123
Zip Code
Bernalillo
County

About This Property

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

Interior

Bathrooms Total: 1
Appliances: Free-Standing Electric Range, Refrigerator
Flooring: See Remarks

Building And Construction

Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1977
Levels: Two
Number Of Units Total: 4
Stories: 2
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.19
Lot Size Square Feet: 8276.4

Provisional

MLS #: 1078578
Listing Terms: Cash, Conventional, FHA
Number Of Buildings: 1

Area And Schools

Community Features: Storage Facilities
City: Albuquerque
Postal Code: 87123
MLS Area Major: Northeast Heights
County: Bernalillo
Parcel Number: 102005734304640324

Utilities

Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Heating (Y/N): Yes

Location

Directions: East on Central, North on Altez

Mortgage Calculator

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Listing courtesy of Caruso Realty, LLC
Southwest MLS Logo 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 Realtor

Daria Derebera

Real Estate Agent in Albuquerque, NM

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