502 Headingly Avenue Nw, Albuquerque, NM 87107
Local realty services provided by:ERA Sellers & Buyers Real Estate
502 Headingly Avenue Nw,Albuquerque, NM 87107
- 12 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: terrance belcher
Office: aim properties
MLS#:1108818
Source:NM_SWMLS
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Price summary
- Price:
About this home
FOUR-ADDRESS 7-UNIT INCOME COMPOUND ON ONE LOT! Rare commercial multi-family investment portfolio opportunity featuring four distinct physical addresses 502 Headingly Ave NW, 504 Headingly Ave NW, 506 Headingly Ave NW, and 3921 5th St NW. all legally situated on one single, low-maintenance parcel. Streamlined portfolio management with massive high-density cash flow.Current Unit Breakdown (5 Turn-Key Units):Two separate duplexes: Each featuring 2-bedroom, 1-bathroom layouts.One detached home: Featuring a 2-bedroom, 1-bathroom layout.Two detached cottages: Each featuring cozy 1-bedroom, 1-bathroom layouts.Massive Value-Add Potential (6th & 7th Units):The property features an additional standalone structure primed for immediate equity growth. The framework, electrical wiring, and plumbing rough-ins are completely in place--finish it out to instantly add a 6th rent-generating unit! Additionally, there is potential to optimize/add a 7th unit on-site. Property is priced and valued based on its current operational footprint, giving the next owner massive built-in upside.Important Disclosures: Sold strictly AS-IS, WHERE-IS. Please submit all offers subject to interior inspection out of respect for current occupants. Buyer is strictly responsible for independently verifying all unit square footages, exact utility configurations/metering, local zoning codes, certificate of occupancy status, and permitting/completion requirements for the unfinished spaces prior to the expiration of contingencies. Call today for a complete APOD sheet, rent roll, and to schedule your private tour!...
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Home facts
- Year built:1951
- Subdivision & Development:Monkbridge
- Listing ID #:1108818
- Added:38 day(s) ago
- Updated:September 18, 2026 at 06:15 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Flooring:Vinyl
- Kitchen Description:Free Standing Electric Range, Free Standing Gas Range, Refrigerator
Heating and cooling
- Cooling:Ceiling Fan, Evaporative Cooling
- Heating:Central, Wall Furnace
Structure and exterior
- Year built:1951
- Levels:1 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:
- Tax amount:$6,896
Features and amenities
- Appliances:Free Standing Gas Range, Refrigerator
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