632 Alcazar Street SE, Albuquerque, NM 87108
- $420,000
- 3
- BD
- 2
- BA
- 2,451
- SqFt
- List Price
- $420,000
- MLS#
- 1110499
- Property Type
- Multifamily
- Bedrooms
- 3
- Bathrooms
- 2
- Sqft. of Residence
- 2,451
- Lot Size
- 6,752
- Region
- Fairgrounds
- Status
- ACTIVE
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.
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Additional Information
- County
- Bernalillo
- Subdivison
- Emil Mann Addition
- Acres
- 0.16
- Appliances
- Free-Standing Electric Range, Refrigerator
- Cooling
- Evaporative Cooling
- Flooring
- Tile
- Heating
- Wall Furnace
- Owner Pays
- Sewer, Trash Collection, Water
- Utilities
- Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
- Zoning
- MX-M*
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Listing courtesy of EXP Realty LLC.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.