1011 Edith Blvd Ne #b-d Albuquerque, NM 87102

3 Units
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$365,000 Est. $1,344 / mo.*
Details Directions
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Status: Active
Year Built: 1930

Courtesy of Weichert, Realtors Image.

Description

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.

Open House

Property Details and Features

  • FreeStandingGasRange
  • Refrigerator
  • Unfinished
  • 1 total bathroom
  • 2 total bedrooms
  • Built in 1930
  • Living area: 2319.0
  • 2 buildings
  • Levels: One
  • Construction Materials: Block, Frame, Stucco
  • Ductless
  • EvaporativeCooling
  • CeilingFans
  • LeadBasedPaintDisclosure
  • PrincipalIsRealEstateLicensed
  • Ranm2100Disclosure
  • None
  • Energy Generation: None
  • Operating: $14,786
  • Carpet
  • Laminate
  • Vinyl
  • Wood
  • Central
  • Ductless
  • ForcedAir
  • WallFurnace
  • Gross Income: $36,423
  • CeilingFans
  • WasherHookup
  • DryerHookup
  • ElectricDryerHookup
  • Listing ID: 1096047
  • Standard Status: Active
  • MLS Status: Active
  • On market as of 2025-12-29
  • MLS Area (Major): 80 - Downtown Area
  • County/Parish: Bernalillo
  • 0.16 acres
  • Sewer
  • TrashCollection
  • Water
  • Resale
  • Parcel Number: 101405850719943310
  • Annual Amount: $2,762
  • Zoning description: MX-L*
  • Electricity
  • Gas
  • SeeRemarks
  • ElectricityConnected
  • NaturalGasConnected
  • SewerAvailable
  • WaterConnected

Location

$365,000 - 1011 Edith Blvd Ne #b-d, Albuquerque, NM 87102
1011 Edith Blvd Ne #b-d Albuquerque, NM 87102
MLS Area (Major): 80 - Downtown Area

Street View

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