632 Alcazar ST SE, Albuquerque, NM 87108
632 Alcazar ST SE, Albuquerque, NM 87108
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Listed by EXP Realty LLC
$ 420,000
Est. payment | /mo

3 Beds

2 Baths

2,451 SqFt


Save
$ 420,000
Est. payment | /mo
Save

3 Beds

2 Baths

2,451 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,451 sqft

Price per Sqft $171

Subdivision Emil Mann Addition

MLS Listing ID 1110499

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1971

Annual Tax Amount $3,913

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Quadruplex

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.

Location

State NM

County Bernalillo

Area 70 - Fairgrounds

Interior

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Tile

Fireplace No

Appliance Free-Standing Electric Range, Refrigerator

Exterior

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

Accessibility None

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101905604234620221

Security Features Security Gate

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, 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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632 Alcazar ST SE