About 126 Altez Street Ne
This four-unit apartment building offers a strong investment opportunity with a current 9.39% cap rate at full asking price. The property features four residential 2 bed, 1 bath units. Most tenants are supported by subsidized housing programs, providing stable and consistent rental income. Utilities are currently included in the rent with those tenants; however, the building is equipped with individual gas and electric meters, offering future ownership the option to separate utilities. A new roof was installed August of 2023 Located in an established rental area surrounded by other multifamily properties. Ideal for investors seeking the potential of immediate cash flow.
Features of 126 Altez Street Ne
| MLS® # | 1107596 |
|---|---|
| Price | $365,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Square Footage | 3,072 |
| Acres | 0.19 |
| Year Built | 1977 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Community Information
| Address | 126 Altez Street Ne |
|---|---|
| Area | 50 - Northeast Heights |
| Subdivision | Buena Ventura |
| City | Albuquerque |
| County | Bernalillo |
| State | NM |
| Zip Code | 87123 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Features | Storage Facilities |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Vinyl |
|---|---|
| Appliances | Refrigerator |
| Heating | Central |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | July 20th, 2026 |
|---|---|
| Days on Market | 33 |
| RE / Bank Owned | No |
Listing Details
| Office | Keyway Properties, Inc |
|---|
Listing Map
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