501-505 Mesilla Street SE

Albuquerque, NM 87108
$560,000

About this property

This well maintained 6-unit investment property offers an excellent opportunity to own a centrally located income-producing asset with numerous recent capital improvements. Recent updates include a new roof, fascia, & evaporative cooler, completed appx 1.5 years ago, and new windows in 501 B & C, & 505 B, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Functional floor plans & courtyard-style layout appeal to tenants seeking convenience & affordability. Whether you're expanding your investment portfolio or entering multifamily ownership, this property offers strong income potential with meaningful upgrades.

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Details

Price
$560,000
Beds
10
Baths
6
Lot size
0.16 acres
Year built
1963
Type
MultiFamily
Heating
ForcedAir
Cooling
EvaporativeCooling
MLS #
1103106

Listed by Jeremiah D. Collins, Real Broker, LLC · (505) 557-4976. Data from the Southwest MLS, refreshed every 15 minutes.

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