3501 San Andres Ave NE - Multi-Family FOR SALE


Albuquerque, NM 87107- Montgomery Heights
$597,500 USD
505-263-0556
3501 San Andres Ave NE, Albuquerque, NM for Sale
$597,500 USD
Multi-Family - FOR SALE
1/2
null | 5.8% Cap Rate

3501 San Andres Ave NE
Albuquerque, NM 87107
Montgomery Heights


OVERVIEW

Turnkey 4-Plex in Prime NE Heights Location. Built in 2004, this single-story 4-unit property offers strong rental appeal and low-maintenance construction. Each 2-bedroom unit features tile floors, carpeted bedrooms, and full appliance packages—including dishwasher, refrigerator, electric stove, and microwave. Units are individually metered, fully landscaped with auto sprinklers, and equipped with refrigerated air. Tenants enjoy private, walled backyards with patios and storage. Well-maintained and fully leased, this is a rare opportunity in a high-demand rental area—convenient to shopping, transit, and major employers. A solid investment in one of Albuquerque’s most stable rental corridors.

FOR SALE DETAILS

PRICE

$597,500 USD

PRICE/SF

$161 USD /SF

# OF UNITS

4

PRICE/UNIT

$149,375

CAP RATE

5.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

101606047635410501

ASK ABOUT THIS PROPERTY

Tego VenturiReal BrokerMore Info
505-263-0556

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Tego VenturiReal BrokerMore Info
505-263-0556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.