525 Mesilla Street Se, Albuquerque, NM 87108
Local realty services provided by:ERA Summit
525 Mesilla Street Se,Albuquerque, NM 87108
$540,000
- 1 Beds
- 1 Baths
- 2,200 sq. ft.
- Multi-family
- Active
Listed by:casa abq
Office:lpt realty
MLS#:1083276
Source:NM_SWMLS
Price summary
- Price:$540,000
- Price per sq. ft.:$245.45
About this home
Fully occupied & recently renovated 6-plex in SE Albuquerque, offering strong income and low-maintenance ownership. All six 1BD/1BA units have updated kitchens, LVT flooring, tiled baths, and fresh finishes. Major mechanical upgrades include commercial-grade gas tankless water heaters and modern systems. Currently producing strong cash flow with proven rental demand. Cap rate at 6.9% with room to optimize. Ideal for buy-and-hold investors seeking stability and upside. All-electric units, landlord pays utilities. Showings by appointment only--please do not walk property or disturb tenants.
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Home facts
- Year built:1950
- Listing Id #:1083276
- Added:106 day(s) ago
- Updated:June 27, 2025 at 02:26 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Living area:2,200 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan, Evaporative Cooling
- Heating:Baseboard
Structure and exterior
- Year built:1950
- Building area:2,200 sq. ft.
- Lot area:0.15 Acres
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$540,000
- Price per sq. ft.:$245.45
- Tax amount:$2,187
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