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1011 Edith Blvd NE , B-D

Albuquerque, NM 87102
  • $365,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 1096047
UPDATED: 18 min ago
$365,000
  • 2
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,319
    SQFT
  • $157
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

Income-producing 3 unit compound across two separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. All units stabilized and rented at market rates, Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Very competitive Investment metrics strengthen the story and give this property immediate value: CAP rate 5.93%, GRM 9.52, IRR 13.09%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.

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IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-02-17T15:05:24.06.
www.albuquerquerealestateservices.com/homes/171600733
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1011 Edith Blvd NE , B-D Albuquerque, NM 87102

  • Price: $365,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 18 min ago
  • MLS #: 1096047
2
Beds
1
Baths
0
½ Baths
0.16
Acres
2,319
SQFT
$157
$/SQFT
1930
Built
Neighborhood:
80 - Downtown Area
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
Income-producing 3 unit compound across two separate structures--well kept, flexible, and easy to own. Stabilized with long-term tenants and professional management in place, it delivers predictable cash flow from day one. All units stabilized and rented at market rates, Each residence enjoys private entries and defined outdoor space, reducing turnover and maintenance touchpoints. Very competitive Investment metrics strengthen the story and give this property immediate value: CAP rate 5.93%, GRM 9.52, IRR 13.09%. The multi-structure layout supports hold-and-collect or light value-add--an efficient, turnkey addition to any portfolio.
Exterior Features

Construction Materials Block Frame Stucco Levels One

Interior Features

Appliances Free- Standing Gas Range Refrigerator Basement Unfinished Basement YN Yes Cooling Ductless Evaporative Cooling Ceiling Fan(s) Cooling YN Yes Flooring Carpet Laminate Vinyl Wood Heating Central Ductless Forced Air Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Washer Hookup Dryer Hookup Electric Dryer Hookup

Property Features

Accessibility Features None Builder Name unknown Building Area Total 2319 Green Energy Generation None Gross Income 36423 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA VA Loan New Construction YN No Operating Expense 14786 Owner Pays Sewer Trash Collection Water Property Condition Resale Structure Type House Tax Annual Amount 2762 Tenant Pays Electricity Gas Other See Remarks Utilities Electricity Connected Natural Gas Connected Sewer Available Water Connected Zoning Description MX- L*

Southwest MLS] logo Listing courtesy of Weichert, Realtors Image: (505) 365-6721. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2026-02-17T15:05:24.06.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112