NM > Albuquerque
Albuquerque, NM 87108,525 MESILLA Street SE
Albuquerque, NM 87108,525 MESILLA Street SE
Albuquerque, NM 87108,525 MESILLA Street SE
Albuquerque, NM 87108,525 MESILLA Street SE
Albuquerque, NM 87108,525 MESILLA Street SE
Albuquerque, NM 87108,525 MESILLA Street SE
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Gilbert Gallegos

Gilbert Gallegos

+1(505) 350-8245
Listed by LPT Realty
$ 550,000
Est. payment | /mo

1 Bed

1 Bath

2,200 SqFt

Save
$ 550,000
Est. payment | /mo
Save

1 Bed

1 Bath

2,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $250

MLS Listing ID 1083276

Bedrooms 1

Construction Status Resale

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,186

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

Fully occupied & recently renovated 6-plex in SE Albuquerque, offering strong income and low-maintenance ownership. All six 1BD/1BA units have updated kitchens, LVT flooring, tiled baths, and fresh finishes. Major mechanical upgrades include commercial-grade gas tankless water heaters and modern systems. Currently producing strong cash flow with proven rental demand. Cap rate at 6.9% with room to optimize. Ideal for buy-and-hold investors seeking stability and upside. All-electric units, landlord pays utilities. Showings by appointment only--please do not walk property or disturb tenants.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Interior Features Ceiling Fan(s)

Heating Baseboard

Cooling Evaporative Cooling, Ceiling Fan(s)

Flooring Vinyl

Fireplace No

Appliance Free-Standing Electric Range, Refrigerator, Range Hood

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101905608842621206

Acceptable Financing Cash, Conventional, Other, See Remarks

Green/Energy Cert None

Listing Terms Cash, Conventional, Other, See Remarks

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 350-8245

ggallegos@mpropsabq.com

3811 Atrisco Dr NW, Albuquerque, NM, 87120, USA

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525 MESILLA Street SE