$425,155
Listed on Aug 20, 2026
7 bds · 4 ba · 3,200 sqft
217 General Stilwell Street NE, Albuquerque, 87108
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(505) 521 8550
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126 Altez Street NE
Albuquerque, NM 87123
This property is not for sale.
Sold on 04.25.2026 for $375,000
8
Beds
4
Baths
3,072
SqFt Home
2
Stories
1977
Year Built
8,102
SqFt Lot
About this property
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… Show more
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 details for 126 Altez Street NE
Interior
Bathrooms Total:
4
Appliances:
Free-Standing Electric Range, Refrigerator
Flooring:
See Remarks
Exterior and lot
Lot Size Acres:
0.19
Lot Size:
8,102 sqft
Building and construction
Property Type:
Residential Income
Property Sub Type:
Multi Family
Property Sub Type Additional:
Multi Family
Building Area Total:
3,072 sqft
Year Built:
1977
Construction Materials:
Frame, Stucco
Levels:
Two
Number Of Units Total:
4
Stories:
2
Property Condition:
Resale
Provisional
MLS #:
1099820
Listing Terms:
Cash, Conventional, FHA
Number Of Buildings:
1
Owner Pays:
Sewer, Trash Collection, Water
Tenant Pays:
Other, See Remarks
Total Actual Rent:
4175
Area and schools
City:
Albuquerque
Postal Code:
87123
MLS Area Major:
Northeast Heights
Subdivision:
Buena Ventura
County:
Bernalillo
Parcel Number:
102005734304640324
Utilities
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Cooling:
Evaporative Cooling
Heating:
Forced Air
Heating (Y/N):
Yes
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126 Altez Street NE Albuquerque, NM 87123 listed as MLS #1099820.
This 8 bedroom 3,072 sqft Residential Income built in 1977 located in Albuquerque NM 87123.
126 Altez Street NE was sold for $375,000 as MLS #1099820.
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