501-505 Mesilla Street SE, Albuquerque, NM 87108

$560,000
10
BD
6
BA

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List Price
$560,000
MLS#
1103106
Property Type
Multifamily
Bedrooms
10
Bathrooms
6
Lot Size
6,970
Region
Southeast Heights
Status
ACTIVE

Property Description

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

Additional Information

County
Bernalillo
Acres
0.16
Cooling
Evaporative Cooling
Flooring
Tile
Heating
Forced Air
Owner Pays
Electricity, Gas, Sewer, Water
Utilities
Electricity Connected, Natural Gas Connected
Zoning
R-2

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Calculator source: Real Geeks

Listing courtesy of Jeremiah D. Collins from Real Broker, 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.