1011 Edith Boulevard Ne #A-D, Albuquerque, NM 87102
Local realty services provided by:ERA Summit
1011 Edith Boulevard Ne #A-D,Albuquerque, NM 87102
$525,000
- 2 Beds
- 1 Baths
- 3,223 sq. ft.
- Multi-family
- Active
Listed by:peter a cochran
Office:weichert, realtors image
MLS#:1091954
Source:NM_SWMLS
Price summary
- Price:$525,000
- Price per sq. ft.:$162.89
About this home
Income-producing 4-plex across three separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. Unit A was recently renovated and is ready for a new tenant, offering immediate lease-up at market rates. Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Investment metrics strengthen the story: CAP rate 5.92%, GRM 9.63, IRR 13.83%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.
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Home facts
- Year built:1940
- Listing ID #:1091954
- Added:1 day(s) ago
- Updated:September 26, 2025 at 03:38 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Living area:3,223 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan, Ductless, Evaporative Cooling
- Heating:Central, Ductless, Forced Air, Wall Furnace
Structure and exterior
- Year built:1940
- Building area:3,223 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$162.89
- Tax amount:$2,451
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