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 $52,800 with an estimated NOI of $31,294, offering an attractive standalone cap rate of 8.34%. Must be sold together with the separately listed property at 127 Garcia St. SE. MLS # 1078579. Both properties provide a combined cap rate of 8.14%. A strategic investment bundle in a strong rental market.Please see attached APOD's
For sale
Price cut: $15K (6/12)
$360,000
126 Altez St NE, Albuquerque, NM 87123
2beds
1baths
--sqft
Est.:
Quadruplex, Multi Family
Built in 1977
-- sqft lot
$349,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 129 days
- on Zillow |
- 116 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 10:05am
Listed by:
Angelo Mora 505-903-2040,
Caruso Realty, LLC 505-275-1301
Source: SWMLS,MLS#: 1078578

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Central, Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: See Remarks
- Has basement: No
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276.4 Square Feet
Details
- Parcel number: 102005734304640324
- Zoning description: R-MH*
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Condition
- Resale
- New construction: No
- Year built: 1977
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Storage Facilities
Location
- Region: Albuquerque
Financial & listing details
- Tax assessed value: $168,047
- Annual tax amount: $1,433
- Date on market: 2/19/2025
- Listing terms: Cash,Conventional,FHA
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