1011 Edith Blvd Ne #B-D, Albuquerque, NM 87102
Local realty services provided by:ERA Summit
1011 Edith Blvd Ne #B-D,Albuquerque, NM 87102
$365,000
- 2 Beds
- 1 Baths
- 2,319 sq. ft.
- Multi-family
- Active
Listed by: peter a cochran
Office: weichert, realtors image
MLS#:1096047
Source:NM_SWMLS
Price summary
- Price:$365,000
- Price per sq. ft.:$157.4
About this home
Income-producing 3 unit compound across two 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. All units stabilized and rented at market rates, Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Very competitive Investment metrics strengthen the story and give this property immediate value: CAP rate 5.93%, GRM 9.52, IRR 13.09%. 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:1930
- Listing ID #:1096047
- Added:1 day(s) ago
- Updated:December 29, 2025 at 12:12 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Living area:2,319 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan, Ductless, Evaporative Cooling
- Heating:Central, Ductless, Forced Air, Wall Furnace
Structure and exterior
- Year built:1930
- Building area:2,319 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Water Connected
- Sewer:Sewer Available
Finances and disclosures
- Price:$365,000
- Price per sq. ft.:$157.4
- Tax amount:$2,762
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