525 Mesilla ST SE #1-6, Albuquerque, NM 87108
525 Mesilla ST SE #1-6, Albuquerque, NM 87108
525 Mesilla ST SE #1-6, Albuquerque, NM 87108
525 Mesilla ST SE #1-6, Albuquerque, NM 87108
525 Mesilla ST SE #1-6, Albuquerque, NM 87108
525 Mesilla ST SE #1-6, Albuquerque, NM 87108
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Listed by LPT Realty
$ 550,000
Est. payment | /mo

1 Bed

1 Bath

3,300 SqFt


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$ 550,000
Est. payment | /mo
Save

1 Bed

1 Bath

3,300 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $166

Subdivision Emil Mann Add

MLS Listing ID 1107989

Bedrooms 1

Construction Status Resale

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,255

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

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.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Heating Baseboard

Cooling Evaporative Cooling

Flooring Tile

Fireplace No

Appliance Free-Standing Electric Range, Refrigerator

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 2

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101905608842621206

Security Features Complex Fenced,Security Gate

Acceptable Financing Cash, Conventional, FHA, Owner May Carry, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, Owner May Carry, VA Loan

Southwest MLS (SWMLS IDX Plus)
Nearby Locations
Susan Buchman

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 554-4173

susan@thebuchmangroup.com

4313 Corrales Rd, Corrales, New Mexico, 87048, USA

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525 Mesilla ST SE #1-6