126 Altez Street
Albuquerque, NM 87123
6
Bed
3
Bath
3,072Sqft
0.19Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 3 -
Flooring Information
Vinyl -
Interior Features
Appliances: Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Evaporative Cooling
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Building Information
Year Built: 1977 Building Area Total: 3072 Stories: 2 Private Pool: No
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Lot Information
Lot Size Acres: 0.19 Lot Size Source: Public Records Lot Size Square Feet: 8102Property Information
Subdivision: Buena Ventura Source Property Type: Residential Income Postal Code Plus 4: 2652 Zoning Description: R-MH* Property SubType: Quadruplex Levels: Two Property Age: 49
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Listing Price Information
Listing Price: $365000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 102005734304640324 Annual Tax: $1492.4
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Water Connected -
Location Information
Direction: From the Intersection of Central and Eubank head west till you get to Altez, take a right. Property is on the right.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 24 Matisse Road, Albuquerque, NM, 87123 | $1,249,000 | 7 | 6 | 8,134 | 8,134 SqFt |
| 12708 Copper Avenue, Albuquerque, NM, 87123 | $225,000 | 2 | 1 | 2,200 | 2,200 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/23/2026 @ 01:37
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