525 Mesilla Street SE, Albuquerque, NM

525 Mesilla Street SE, Albuquerque, NM, USA

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660 m2

Location

New Mexico

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. Schedule a Private Showing

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$550,000

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Casa ABQ

$550,000
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Casa ABQ