$560,000

active

501-505 Mesilla Street SE, Albuquerque, NM 87108

5 days on market

Beds

Baths

Lot

6,970 sqft

Built

1963

Type

multi family

About This Property

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.

Features & Amenities

Tile Flooring

Property Details

MLS #	1103106
Property Type	multi family
Year Built	1963
Heating	ForcedAir
Cooling	EvaporativeCooling
Lot Size	6,970 sqft
Property Tax (est.)	$2,736/yr ($228/mo)
Status	Active
Days on Market	5

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