632 Alcazar Street SE
Property Description
4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.630 Alcazar St SE is also for sale and can be bought together.
Broker Details
exp realty, llc (505) 328-4892
MLS ID: tylermp State License Number: 53270
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $420,000 |
| No. of Units: | 4 |
| Year Built: | 1971 |
| Lot Size: | 2,451.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $105,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-GAARNM-1110499
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