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For sale
  • Price cut: $15K (6/12)
    $360,000

    127 Garcia St NE, Albuquerque, NM 87123

    6beds
    3baths
    --sqft
    : 
    Quadruplex, Multi Family
    Built in 1977
    -- sqft lot
    $359,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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
    129 days
    on Zillow
    |
    165
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 17, 2025 at 10:02am

    Listed by:

    Angelo Mora 505-903-2040,

    Caruso Realty, LLC 505-275-1301

    Source: SWMLS,MLS#: 1078579MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 127 Garcia St NE.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    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: 102005735704640319
    • 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: $171,062
    • Annual tax amount: $1,459
    • Date on market: 2/19/2025
    • Listing terms: Cash,Conventional,FHA
    • Tenant pays: Electricity, Gas
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