127 Garcia Street Ne Albuquerque, NM 87123

4 Units
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$360,000 Est. $1,326 / mo.*
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Property Type: Quadruplex
Status: Active
Year Built: 1977
Days on Website: 133

Courtesy of Caruso Realty, LLC.

Description

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 $51,000 with an estimated NOI of $29,782, offering an attractive standalone cap rate of 7.94%. Must be sold together with the separately listed property at 126 Altez St. SE. MLS # 1078578. Both properties provide a combined cap rate of 8.14%. A strategic investment bundle in a strong rental market.Please see attached APOD's

Open House

Property Details and Features

  • Description: FreeStandingElectricRange,Refrigerator
  • Total Bathrooms: 2
  • Levels: Two
  • Year Built: 1977
  • Details: EvaporativeCooling
  • Flooring: SeeRemarks
  • Heating: Central,ForcedAir
  • Days on Market: 118
  • Listing Price: 360000
  • Status: Active
  • Address: 127 GARCIA Street NE
  • Area: 50 - Northeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87123
  • County: Bernalillo
  • Directions: East on Central, North on Garcia
  • Acres: 0.19
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,WaterConnected

Location

$360,000 - 127 Garcia Street Ne, Albuquerque, NM 87123
127 Garcia Street Ne Albuquerque, NM 87123
Address: 127 GARCIA Street NE

Street View

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