126 Altez Street NE, Albuquerque, NM 87123 (MLS # 1099820)
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This four-unit apartment building offers a strong investment opportunity with a current 9.39% cap rate at full asking price. The property features four residential 2 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. A new roof was installed August of 2023 Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow.
| DAYS ON MARKET | 11 | LAST UPDATED | 3/13/2026 |
|---|---|---|---|
| TRACT | Buena Ventura | YEAR BUILT | 1977 |
| COMMUNITY | 50 - Northeast Heights | COUNTY | Bernalillo |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Evaporative Cooling |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Free-Standing Electric Range, Refrigerator |
| AREA | 50 - Northeast Heights |
| CONSTRUCTION | Frame, Stucco |
| HEAT | Forced Air |
| LOT | 8276 sq ft |
| STORIES | 2 |
| SUBDIVISION | Buena Ventura |
| TAXES | 1492.4 |
| UTILITIES | Natural Gas Available, Electricity Connected, Natural Gas Connected, Water Connected |
| ZONING | R-MH* |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
Listed with Keyway Properties, Inc
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This IDX solution is (c) Diverse Solutions 2026.
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