BEDS3
BATHS
SQUARE FEET2,451
MLS#1110499
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEmil Mann Addition
Property Description
4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.630 Alcazar St SE is also for sale and can be bought together.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Wall Furnace
Lot Size: 0.16 Acres
Stories: 1.0
Taxes: $3,913
Year Built: 1971
Feature Descriptions
Accessibility: None
Appliances: Free-Standing Electric Range, Refrigerator
Days on Site: 11
Flooring: Tile
Parcel#: 101905604234620221
Security: Security Gate
Units: 4
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: EXP Realty LLC
Agency Phone: (505) 554-3873
Shown By
Agent Name: Michelle Smith
Agent Phone: Cell: (505) 417-1640
Agency Title: Coldwell Banker Legacy
Estimate Your Payment
Estimated Payment
$ 1,383.32 per month $934.74 Principal & Interest $326.08 Property Tax $122.50 Homeowner's Insurance
632 Alcazar Street Se | MLS# 1110499
This multi-family property located at 632 Alcazar Street Se, Albuquerque, NM 87108 is currently listed for sale with an asking price of $420,000. Search Albuquerque real estate on msmith.cblegacy.com today.