1011 Edith Boulevard Ne Unit A-d Albuquerque, NM 87102

4 Units
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$525,000 Est. $1,933 / mo.*
Details Directions
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Status: Active
Year Built: 1940
Days on Website: 29

Courtesy of Weichert, Realtors Image.

Description

Income-producing 4-plex across three 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. Unit A was recently renovated and is ready for a new tenant, offering immediate lease-up at market rates. Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Investment metrics strengthen the story: CAP rate 5.92%, GRM 9.63, IRR 13.83%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.

Open House

Property Details and Features

  • Description: FreeStandingGasRange,Refrigerator
  • Description: Unfinished
  • Total Bathrooms: 2
  • Area: 3223
  • Building Area: 3223
  • Construction Materials: Adobe,Frame
  • Levels: One
  • Year Built: 1940
  • Details: Ductless,EvaporativeCooling,CeilingFans
  • Flooring: Carpet,Laminate,Vinyl,Wood
  • Heating: Central,Ductless,ForcedAir,WallFurnace
  • Description: WasherHookup,DryerHookup,ElectricDryerHookup
  • Days on Market: 0
  • Listing Price: 525000
  • Status: Active
  • Address: 1011 EDITH Boulevard NE A-D
  • Unit: A-D
  • Area: 80 - Downtown Area
  • City: Albuquerque
  • State: NM
  • Zip: 87102
  • County: Bernalillo
  • 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; 1011A Edith Blvd NE will be on your right.
  • Acres: 0.13
  • Size: 0
  • Size Source: PublicRecords
  • Parking Total: 4
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
$525,000 - 2Br/Ba - for Sale in Albuquerque
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Location

$525,000 - 1011 Edith Boulevard Ne Unit A-d, Albuquerque, NM 87102
1011 Edith Boulevard Ne Unit A-d Albuquerque, NM 87102
Address: 1011 EDITH Boulevard NE A-D

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