17 Photos
1011 Edith Blvd NE B-D
Albuquerque, NM 87102
$365,000
2 bd • 1 ba • 2,319 sqft • 0.16 acres
1 Story
Stories
$157
Per SQFT
1930
Year Built
12/29/2025
Listing Date
1096047
Listing #
87102
Zip Code
About This Property
Income-producing 3 unit compound across two 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. All units stabilized and rented at market rates, Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Very competitive Investment metrics strengthen the story and give this property immediate value: CAP rate 5.93%, GRM 9.52, IRR 13.09%. 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:
2,319 sqft
Year Built:
1930
Construction Materials:
Block, Frame, Stucco
Levels:
One
Number Of Units Total:
3
Stories:
1
Structure Type:
House
Property Condition:
Resale
Exterior And Lot
Lot Size Acres:
0.16
Lot Size Square Feet:
7,013 sqft
Provisional
MLS #:
1096047
Gross Income:
36423
Listing Terms:
Cash, Conventional, FHA, VA Loan
Number Of Buildings:
2
Operating Expense:
14786
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:
101405850719943310
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Available, 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; 1011B 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