525 Mesilla Street SE Unit 1-6, Albuquerque, NM 87108
- $550,000
- 1
- BD
- 1
- BA
- 3,300
- SqFt
- List Price
- $550,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 1107989
- Subtype
- Residential Income
- Year Built
- 1950
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area
- 3,300
- Lot Size
- 6,970
- Acres
- 0.16
- Subdivision
- Emil Mann Add
- Neighborhood
- Emil Mann Add
- MLS Area Major
- Southeast Heights
Property Description
Turnkey, fully occupied 6-unit investment opportunity! This professionally renovated 6-plex features six updated 1BR/1BA units with modern kitchens, tiled showers, LVT flooring, and fresh finishes throughout. Recent capital improvements include new mechanical systems and commercial-grade centralized gas tankless water heaters, helping minimize future maintenance. Strong in-place cash flow with approximately 7.6% cap rate at the current list price and excellent rental history. Ideal for investors seeking a stabilized, low-maintenance asset with immediate income. Please do not walk the property or disturb tenants. Showings by appointment only.
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Additional Information
- Taxes
- $2,255
- Zoning
- R-ML*
- Flooring
- Tile
- Appliances
- Free-Standing Electric Range, Refrigerator
- Heating
- Baseboard
- Air Conditioning
- Evaporative Cooling
- Exterior Construction
- Frame
- Stories
- 1
- Levels
- One
Mortgage Calculator
Listing courtesy of Casa ABQ from LPT Realty
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.