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:83 day(s) ago
  • Updated:December 17, 2025 at 06:31 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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