NM > Albuquerque
Albuquerque, NM 87123,127 GARCIA ST NE
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HomeSmart Realty Pros

HomeSmart Realty Pros

+1(505) 962-2121
Listed by Caruso Realty, LLC
$ 360,000
Est. payment | /mo

2 Beds

1 Bath

8,276 Sqft Lot

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$ 360,000
Est. payment | /mo
Save

2 Beds

1 Bath

8,276 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1078579

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1977

Annual Tax Amount $1,459

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property 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

Location

State NM

County Bernalillo

Area 50 - Northeast Heights

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring See Remarks

Fireplace No

Appliance Free-Standing Electric Range, Refrigerator

Exterior

Community Features Storage Facilities

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 102005735704640319

Acceptable Financing Cash, Conventional, FHA

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA

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127 GARCIA ST NE