$375,000

126 Altez Street NE, Albuquerque, NM 87123

8 beds |
4 baths |
3,072 sqft

Multi-Family Home
Built in 1977
8,276sqft lot
—— car garage
$122/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: March 6, 2026
Data Last Updated:: April 2, 2026 at 8:20PM
Listing Office:: Keyway Properties, Inc : (505) 903-2040
Listing Agent:: Angelo Mora : (505) 903-2040
MLS ID:: 1099820

Appliances: Free-Standing Electric RangeRefrigerator
Flooring: See Remarks
A/C: Evaporative Cooling
Heating: Forced Air
Eco/Green Feature: None

General: FrameStucco2

Originating MLS: SWMLS_SWMLS
County: Bernalillo

Zoning: 102005734304640324

Utilities: Electricity ConnectedNatural Gas ConnectedWater Connected

Source: SWMLS_SWMLS

This listing courtesy of Angelo Mora , Keyway Properties, Inc

Monthly Payment

$Est. Payment

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

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Hawthorne Elementary School

420 General Somervell St NE, Albuquerque, NM, 87123

Grades PK-5

0.41 miles away

Kennedy Middle School

721 Tomasita St NE, Albuquerque, NM, 87123

Grades 6-8

1.03 miles away

Gilbert L Sena Charter High School

69 Hotel Cir NE, Albuquerque, NM, 87123

Grades 9-12

0.97 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.