126 Altez Street Ne, Albuquerque, NM 87123

Local realty services provided by:CENTURY 21 Champions, Inc.
126 Altez Street Ne,Albuquerque, NM 87123
$375,000
  • 2 Beds
  • 1 Baths
  • 3,072 sq. ft.
  • Multi-family
  • Active
Listed by: angelo mora
Office: keyway properties, inc
MLS#:1099820
Source:NM_SWMLS

Price summary

  • Price:$375,000
  • Price per sq. ft.:$122.07

About this home

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.

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Home facts

  • Year built:1977
  • Listing ID #:1099820
  • Added:2 day(s) ago
  • Updated:March 16, 2026 at 03:42 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Kitchen Description:Free Standing Electric Range, Refrigerator
  • Living area:3,072 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air

Structure and exterior

  • Year built:1977
  • Building area:3,072 sq. ft.
  • Lot area:0.19 Acres
  • Construction Materials:Frame, Stucco
  • Levels:2 Story

Utilities

  • Water:Water Connected

Finances and disclosures

  • Price:$375,000
  • Price per sq. ft.:$122.07
  • Tax amount:$1,492

Features and amenities

  • Appliances:Refrigerator