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. Two sep. deeded triplexes. Recent updates include evaporative cooler, windows at 501 B & C, & 505 B, improving energy efficiency & tenant comfort. Several units feature tasteful remodeling & modern upgrades, including durable tile flooring, recessed lighting, & 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. Newer roof in past few years at 501, 505 in past apprx 7yr

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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 #
1109324

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

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