1030-1040 Truman Street SE, Albuquerque, NM 87108 (MLS # 1094437)
Twitter
Facebook
Email
|
The unit mix offers valuable diversity, with 3 two-bedroom/one-bathroom and 3 one-bedroom/one-bathroom units at 1030 Truman -- complete with private garages -- and an additional 3 units at 1040 Truman, including one 1-bedroom/1-bathroom and two 2-bedroom/1-bathroom apartments. The buildings are situated on spacious lots with mature landscaping, wrought iron security, and private courtyard areas that enhance curb appeal and resident livability.The projected gross income of $139,200 annually, adjusted for a 5% vacancy to $132,240, with estimated operating expenses of $37,361, yielding a pro forma NOI of $94,879. At the asking price of $1,500,000, the property offers a projected cap rate of 6.33% with a before-tax IRR of 17.41% .
| DAYS ON MARKET | 24 | LAST UPDATED | 11/14/2025 |
|---|---|---|---|
| TRACT | NA | YEAR BUILT | 1952 |
| COMMUNITY | 42 - UNM South | COUNTY | Bernalillo |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Built-In Gas Oven, Built-In Gas Range, Dryer, Range Hood, Refrigerator |
|---|---|
| AREA | 42 - UNM South |
| HEAT | Central, Floor Furnace, Forced Air |
| LOT | 0.59 acre(s) |
| LOT DESCRIPTION | Landscaped |
| STORIES | 1 |
| SUBDIVISION | NA |
| TAXES | 10387 |
| UTILITIES | Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
| ZONING | R-MH* |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Berger Briggs RE & Prop Mgmt
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Jason
Dencklau to contact you even if your name is on a Federal or State
"Do not call List".