Residential Income in Albuquerque

$420,000

632 Alcazar, 87108, Albuquerque, NM

Residential Income for sale in Albuquerque, 632 Alcazar, 87108, 2451 m²

632 Alcazar, 87108, Albuquerque, NM

$420,000

3Bed
2Bath
2451m²
Type: Residential Income

Description

4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.630 Alcazar St SE is also for sale and can be bought together.

Agent Information

Location

632 Alcazar, 87108, Albuquerque, NM

Data

Object TypeResidential Income
Purchase Price$420,000
Living Space2451 m²
Plot Size627.28 m²
Bathrooms2
Construction Year1971
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeWall Furnace
Primary Energy SourceN/A
Construction Year1971
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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