501-505 Mesilla ST SE, Albuquerque, NM 87108
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501-505 Mesilla ST SE, Albuquerque, NM 87108
501-505 Mesilla ST SE, Albuquerque, NM 87108
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Leanna Chavez

Leanna Chavez

+1(505) 507-4898
Listed by Real Broker, LLC
$ 560,000
Est. payment /mo
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501-505 Mesilla ST SE Albuquerque, NM 87108

10 Beds

6 Baths

6,969 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1103106

Bedrooms 10

Construction Status Resale

HOA Y/N No

Year Built 1963

Annual Tax Amount $2,735

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Multi Family

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. 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.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Heating Forced Air

Cooling Evaporative Cooling

Flooring Tile

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Accessibility None

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101905608745621223

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

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501-505 Mesilla ST SE