1011 EDITH Boulevard NE #A-D, Albuquerque, NM 87102 (MLS # 1091954)

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PRICE $525,000 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 3,223 sqft
LOT SIZE 5,663 sqft
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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.

DAYS ON MARKET 18 LAST UPDATED 9/25/2025
YEAR BUILT 1940 COMMUNITY 80 - Downtown Area
COUNTY Bernalillo STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Ductless, Evaporative Cooling
AIR CONDITIONING Yes
APPLIANCES Free-Standing Gas Range, Refrigerator
AREA 80 - Downtown Area
BASEMENT Unfinished, Yes
CONSTRUCTION Adobe, Frame
HEAT Central, Ductless, Forced Air, Wall Furnace
INTERIOR Ceiling Fan(s)
LOT 5663 sq ft
STORIES 1
TAXES 2451
UTILITIES Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ZONING MX-L*
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TOTAL MONTHLY PAYMENT

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Listed with Weichert, Realtors Image

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