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525 Mesilla St SE

Albuquerque NM 87108

1
1
2200 sq. ft.
6534 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

1 bedroom
1 bathroom
2200 sq. ft. floor area
6534 sq. ft. lot size
Multi-Family

Property history for 525 Mesilla St SE

2022
Sold
Undisclosed
01 Jul 2022 by Carlos Martinez, of Keller Williams Realty
2019
Sold
Undisclosed
19 Aug 2019 by Bill Reed, of Abq Properties Llc

Happy sellers in Albuquerque

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Local market activity for 1 bedroom multi families in Albuquerque

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