$525,000

1011 EDITH Boulevard NE A-D, Albuquerque, NM 87102

2 beds |
1 bath |
3,223 sqft

Multi-Family Home
Built in 1940
5,663sqft lot
—— car garage
$163/sqft
Listed 3 months ago

Property Description

Income-producing 4-plex across three separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. Unit A was recently renovated and is ready for a new tenant, offering immediate lease-up at market rates. Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Investment metrics strengthen the story: CAP rate 5.92%, GRM 9.63, IRR 13.83%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.

Listing Status:: Active
Date Added:: September 26, 2025 at 05:00AM
Listing Office:: Weichert, Realtors Image : (505) 365-6721
Listing Agent:: Peter A Cochran : (505) 314-6181
MLS ID:: 1091954

General: Ceiling Fan(s)
Appliances: Free-Standing Gas RangeRefrigerator
Laundry: Washer HookupDryer HookupElectricDryer Hookup
Basement: Unfinished
Flooring: CarpetLaminateVinylWood
A/C: DuctlessEvaporative CoolingCeiling Fan(s)
Heating: CentralDuctlessForced AirWall Furnace
Disability Feature: None
Eco/Green Feature: None

Parking: Parking spaces: 4

General: AdobeFrame1

Originating MLS: SWMLS_SWMLS
County: Bernalillo

Zoning: 101405851219643309

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Source: SWMLS_SWMLS

This listing courtesy of Peter A Cochran, Weichert, Realtors Image

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Longfellow Dual Language Magnet Elementary School

400 Edith Blvd NE, Albuquerque, NM, 87102

Grades KG-5

0.48 miles away

Washington Middle School

1101 Park Ave SW, Albuquerque, NM, 87102

Grades 6-8

1.30 miles away

Early College Academy

807 Mountain Rd NE, Albuquerque, NM, 87102

Grades 9-12

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.