127 GARCIA ST NE Active Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87123
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1078579
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1977
Annual Tax Amount $1,459
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
Stable cash-flowing property! This well-maintained 4-unit apartment complex features four spacious 2-bed, 1-bath units, consistently attracting tenants. Currently generating a gross annual income of $51,000 with an estimated NOI of $29,782, offering an attractive standalone cap rate of 7.94%. Must be sold together with the separately listed property at 126 Altez St. SE. MLS # 1078578. Both properties provide a combined cap rate of 8.14%. A strategic investment bundle in a strong rental market.Please see attached APOD's
Location
State NM
County Bernalillo
Area 50 - Northeast Heights
Interior
Heating Central, Forced Air
Cooling Evaporative Cooling
Flooring See Remarks
Fireplace No
Appliance Free-Standing Electric Range,Refrigerator
Exterior
Community Features Storage Facilities
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID 102005735704640319
Acceptable Financing Cash,Conventional,FHA
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA