6512 Anderson Ave SE - Residential Income FOR SALE


Albuquerque, NM 87108- Elder Homestead
$375,000 USD
505-980-6151
6512 Anderson Ave SE, Albuquerque, NM for Sale
$375,000 USD
Residential Income - FOR SALE
1/2
null | 5.58% Cap Rate

6512 Anderson Ave SE
Albuquerque, NM 87108
Elder Homestead


OVERVIEW

6512 Anderson Ave SE is a spacious and well-maintained single-family rental property located on a corner lot in a residential neighborhood of Southeast Albuquerque. This home offers 4 bedrooms and 3 bathrooms across approximately 2,084 square feet of living space, combining functionality, comfort, and rental appeal in one compelling investment opportunity. The property is currently leased at $2,370/month, generating a projected annual income of $28,440. With annual operating expenses estimated at $7,524, this investment delivers a net operating income (NOI) of approximately $20,916, offering a solid return in a stable, tenant-friendly location. Inside, residents enjoy a flexible floor plan with two living areas, a well-appointed kitchen with modern appliances, and a heated sunroom that adds to the home's usable space year-round. The large primary suite includes a private bath, and the layout is ideal for families or roommates. Additional features include a one-car garage, exterior storage shed, and a fenced backyard with low-maintenance xeriscaping. Located just minutes from Highland High School, Louisiana Blvd, I-40, and the vibrant Nob Hill district, this property provides convenient access to major shopping, dining, and entertainment corridors — increasing long-term demand. This listing is part of a larger portfolio that includes two single-family income-producing homes. Please contact Tai Alley at 505 980-6151 if you would like more information on the complete portfolio. The seller is offering a Real Estate Contract REC to qualified investors at very attractive terms for this property and the complete portfolio.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

5.58%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Anderson Single Family investment

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

R-1C

APN/PARCEL ID

101805638319442011

ASK ABOUT THIS PROPERTY

Tai AlleyBerger Briggs Real Estate & Insurance, Inc.More Info
505-980-6151

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Tai AlleyBerger Briggs Real Estate & Insurance, Inc.More Info
505-980-6151

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