525 Mesilla St SE #1-6, Albuquerque, NM, 87108
1beds
1baths
3,300sqft
$550,000
$167price/sqft
$3,520/moest. monthly cost
$140,800/yrincome needed
About This Home
Turnkey, fully occupied 6-unit investment opportunity! This professionally renovated 6-plex features six updated 1BR/1BA units with modern kitchens, tiled showers, LVT flooring, and fresh finishes throughout. Recent capital improvements include new mechanical systems and commercial-grade centralized gas tankless water heaters, helping minimize future maintenance. Strong in-place cash flow with approximately 7.6% cap rate at the current list price and excellent rental history. Ideal for investors seeking a stabilized, low-maintenance asset with immediate income. Please do not walk the property or disturb tenants. Showings by appointment only.
Getting Around
68
Somewhat Walkable41
Some Transit64
BikeableSchools
5/10
2/10
2/10
Construction
Condition
- Property condition: Resale
- Year built: 1950
Materials
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Free-Standing Electric Range,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
Features
- Flooring: Tile
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Evaporative Cooling
Interior Area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Details
- Parcel number: 101905608842621206
- Zoning description: R-ML*
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 6,969 sqft
Parking
- Total spaces: 2