NM > Albuquerque
Albuquerque, NM 87108,525 MESILLA Street SE
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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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Jess Sanchez

Jess Sanchez

+1(505) 450-9759
Listed by LPT Realty
$ 550,000
Est. payment /mo
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Active

525 MESILLA Street SE Albuquerque, NM 87108

1 Bed

1 Bath

2,200 SqFt

UPDATED:

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

agent

Jess Sanchez

Agent | License ID: REC20240921

+1(505) 450-9759

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525 MESILLA Street SE