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525 MESILLA Street SE - Main Image
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525 MESILLA Street SE

Albuquerque, NM 87108

$550,000
1 bd • 1 ba • 2,200 sqft • 0.15 acres
1 Story
Stories
$250
Per SQFT
1950
Year Built
05/03/2025
Listing Date
1083276
Listing #
87108
Zip Code

About This Property

Fully occupied & recently renovated 6-plex in SE Albuquerque, offering strong income and low-maintenance ownership. All six 1BD/1BA units have updated kitchens, LVT flooring, tiled baths, and fresh finishes. Major mechanical upgrades include commercial-grade gas tankless water heaters and modern systems. Currently producing strong cash flow with proven rental demand. Cap rate at 6.9% with room to optimize. Ideal for buy-and-hold investors seeking stability and upside. All-electric units, landlord pays utilities. Showings by appointment only--please do not walk property or disturb tenants.

Interior

Bathrooms Total: 1
Interior Features: Ceiling Fan(s)
Appliances: Free-Standing Electric Range, Refrigerator, Range Hood
Flooring: Vinyl

Building And Construction

Property Type: Residential Income
Building Area Total: 2,200 sqft
Year Built: 1950
Construction Materials: Stucco
Builder Name: Custom
Levels: One
Number Of Units Total: 6
Stories: 1
Property Condition: Resale

Exterior And Lot

Lot Size Acres: 0.15
Lot Size Square Feet: 6,534 sqft

Provisional

MLS #: 1083276
Listing Terms: Cash, Conventional, Other, See Remarks
Number Of Buildings: 2

Area And Schools

City: Albuquerque
Postal Code: 87108
MLS Area Major: Southeast Heights
County: Bernalillo
Parcel Number: 101905608842621206

Utilities

Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling, Ceiling Fan(s)
Heating: Baseboard
Heating (Y/N): Yes
Electric: Net Meter

Location

Directions: Mesilla St, East Side
Listing courtesy of LPT Realty
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.

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Daria Derebera Realtor

Daria Derebera

Real Estate Agent in Albuquerque, NM

(505) 521 8550

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