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
2451
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.

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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