12404 Rosemont Avenue Ne, Albuquerque, NM 87112
Local realty services provided by:CENTURY 21 Camco Realty
Listed by: todd d clarke, anita maestas
Office: nm apartment advisors, inc.
MLS#:1102234
Source:NM_SWMLS
Price summary
- Price:$615,833
- Price per sq. ft.:$166.44
About this home
What makes this property stand out is its location within an established Northeast Heights single-family neighborhood. Rather than being surrounded by large apartment complexes, the property is nestled among single family homes and positioned catty-corner from a beautiful neighborhood park. This creates a quieter, more residential atmosphere that can support stronger tenant retention and long-term demand.At the ask price of $615,833 and an average rent of $1,118 the metrics of investment performance are a GRM 11.48, 6.15% cap rate, IRR before tax 14.0%.Why this asset deserves attention:-Rare fourplex in a neighborhood setting -Adjacent park enhances resident appeal -Larger unit sizes than many competing rentals -Includes 5 storage units and coin-op laundry
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Home facts
- Year built:1973
- Listing ID #:1102234
- Added:1 day(s) ago
- Updated:April 25, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Flooring:Carpet, Vinyl
- Kitchen Description:Refrigerator
- Living area:3,700 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air
Structure and exterior
- Year built:1973
- Building area:3,700 sq. ft.
- Lot area:0.18 Acres
- Levels:2 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$615,833
- Price per sq. ft.:$166.44
- Tax amount:$3,587
Features and amenities
- Appliances:Refrigerator
Parking
- Total parking spaces:6
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